The US Treasury could announce plans to return independence to insurance giant AIG as early as this week.
BP's disastrous Gulf of Mexico oil well was permanently sealed yesterday, finishing what was the worst offshore oil spill in US history.
Legg Mason Capital Management guru Bill Miller talks to IW about current investor behaviour, dividends, the dreaded double dip and more...
Renowned Legg Mason manager Bill Miller bought a large stake in Transocean at the height of the BP turmoil, believing the owner of the stricken Gulf of Mexico rig got oversold during the crisis.
Legg Mason Capital Management's Bill Miller believes equity markets are capable of seeing solid gains by year end as investors become more confident in the US recovery.
Warren Buffett has begun unloading shares in ratings agency Moody's as the group's share price hit $25, CNBC reports.
On the second anniversary of the Lehman Brothers downfall, the investment bank roared back onto the front pages of the business press.
BlackRock's chief equity strategist Bob Doll remains resolutely positive on the US economy, predicting 2% GDP growth despite a surge in double dip fears.