(Bloomberg) -- It’s Friday, and your paycheck is missing a zero. Even if payroll owns up to it, you could be waiting until Wednesday to get your money. Your power company is threatening a penalty for an overdue balance? Don’t...

(Bloomberg) -- Bank of America Corp.’s Merrill Lynch unit was fined $12.5 million to settle allegations that the broker’s weak controls led to multiple orders being sent to markets, resulting in mini-flash crashes...

As a nuclear scientist and professor of physics at Yale, my father used to stand in front of his undergraduate classroom holding a skull-crushingly heavy metal ball attached by a cable to the ceiling of the lecture hall. He’d let it swing...

Nebraska-based Securities America, the independent broker/dealer owned by Ladenburg Thalmann, has acquired Wall Street Financial Group, a small IBD based in Fairport, N.Y. The deal comes on the heels of the firm’s purchase of Foothill...

(Bloomberg) -- The world’s largest asset managers have changed their tune after years spent slamming global regulators for trying to treat them like too-big-to-fail banks...

(Bloomberg) -- Trump's not favorite to win the election. If he wins, his administration might achieve little in its early days. Still, markets are woefully underprepared for the possibility of a Trump presidency, Morgan Stanley writes in...

They believe in unicorns. The mutual fund industry is taking on a bigger role in Silicon Valley—and some venture capitalists aren’t happy about it. Fidelity currently holds stakes in 24 unicorn startups—those with $1 billion or more valuation...

(Bloomberg View) -- The Harvard Management Co., which oversees Harvard University’s endowment and other investments, just released its 2016 annual report. Its grim reading: the fund had a negative return of 2 percent and was worth about...

The rich are still getting richer. | Copyright Graeme Robertson, Getty Images The rate at which global financial assets increased in 2015 slowed to 4.9 percent, nearly half of the rate of the previous three years, according to the seventh edit...

(Bloomberg) -- The U.S. Securities and Exchange Commission accused a millennial boyfriend-and-girlfriend couple of trading on inside information about Apollo Global Management LLC’s purchase of ADT Corp earlier this year...