Firms specializing in buyouts indirectly employ more than five million Americans. And unions are increasingly looking to shore up gains by making concessions to the new economic powers. Steve Henn reports.
One of the European telecom giant's biggest shareholders wants to drop its big stake in Verizon Wireless. But that won't go over well with other shareholders who like the U.S. firm. We get the lowdown from Andrew Parker.
Ben Bernanke has headed the Federal Reserve Board for 18 months now, and some still hang on his every word. But does he really have much power? Fortune editor-at-large Allen Sloan says yes and no…
Mutual fund boards and money managers have basically one mission: get the best return for investors. Socially responsible investors often need to plow through the fine print. Curt Nickisch reports.
How far are your investment dollars taking you? Wall Street uses the P/E ratio as their preferred measure. Economist Chris Low takes us through the math.
Now that Bear Stearns has told investors in two of its high-profile hedge funds that their money's essentially gone down the subprime drain — all $1.5 billion — threats of lawsuits are flying. Alisa Roth reports.
The country's big banks are making big money. Citigroup, Wachovia, Bank of America and SunTrust have reported strong profit growth. But a closer look shows some cracks in the system. Amy Scott reports.
The investment rating service has made it harder for mortgage-backed bonds to get its top rating. As a result, it says it's now losing business. Jill Barshay reports.
Fed chief Ben Bernanke told Congress today that core inflation shows signs of increasing, the Gross Domestic Product isn't looking so hot and, oh yes, there's that subprime mortgage thing.
