Look who's fessed up to being irrationally exuberant now. The Federal Reserve's surprise half-point cut in the federal funds rate Wednesday handed investors a 299-point gain in the Dow Jones...
Good riddance, 2000. The long-running, record-setting bull market lurched and sputtered before finally limping to the finish line after its most volatile year in history. Following nearly a decade of...
On the surface, Sauda Smith does not fit the profile of someone left out of the current economic feast. After all, the 28-year-old has a master's degree in education and...
A Chicago futures trader and hedge fund manager with a history of disciplinary problems was among the 120 people caught up Wednesday in the largest federal sweep against securities fraud....
While Bank One Corp. shareholders saw the value of their stock erode by 35 percent last year, the company's chief executive officer saw his cash compensation increase by 65 percent....
The recently renovated, 1,176-room Chicago Marriott Downtown on North Michigan Avenue was sold to a joint venture Tuesday for $175 million. The Carlyle Group, a private investment firm based in...
Stability may seem an odd concept to associate with the rocketing world of on-line investing, but in fact, the menu of commissions charged to trade on-line had been relatively stable...
The Dow Jones industrial average leapt toward the magic 10,000 mark Thursday but fell shy of the biggest round number ever for the blue-chip indicator. Nevertheless, the most popular measure...
For much of the '90s, the mushrooming stock market made millions of Americans feel pretty darn comfortable--rich, in fact. Feeling flush, many spent lavishly and saved little, creating what some...
A truce was declared Thursday in the two-year battle between the Equal Employment Opportunity Commission and Mitsubishi Motor Manufacturing of America Inc. as the carmaker agreed to pay a record...