Economy

Policy: Economy

The median American household lost a third of its wealth in the last 10 years

By Joseph Lawler | 07/29/14 05:00 AM

The median American household saw its wealth decline by more than one-third in the past decade, according to a new estimate published by the Russell Sage Foundation.
Read More…

Stocks end lower ahead of economic data

By MATTHEW CRAFT | 07/29/14 11:08 PM

NEW YORK (AP) — The stock market fell modestly on Tuesday as investors focused on a batch of big economic reports ahead. On Wednesday, the government releases its look at economic growth in the spring quarter and the Federal Reserve finishes a two-day meeting. The next day, a report on...
Read More…

UBS sees profits rise, probed over trading system

By JOHN HEILPRIN | 07/29/14 01:17 PM

GENEVA (AP) — Switzerland's biggest bank, UBS, reported Tuesday a 15 percent rise in second-quarter profit, driven by its core wealth management business, and disclosed it was part of a group of financial companies being investigated over alternative trading systems called "dark pools." UBS...
Read More…

More Economy Articles

Related coverage

Concepts and topics

Economic sectors and industries

Government agencies and groups

Legislation, treaties, agreements and rules

Wall Street

People

Firms, companies and institutions: Wall Street

Firms and companies: Nationwide