Finance

Top Story

Fearful of Being Left Out to Dry, Bond Funds Hold More Cash

By Stan Choe | Aug 5
Imagine the bond market as a crowded swimming pool, except it's one where the water level drops whenever someone tries to leave. By the time you attempt to get out, you're stuck at the bottom, unable to exit because the ladder is 10 feet above your head.

Fearful of Being Left Out to Dry, Bond Funds Hold More Cash

RETIREMENT | By Stan Choe | Aug 5
Imagine the bond market as a crowded swimming pool, except it's one where the water level drops whenever someone tries to leave. By the time you attempt to get out, you're stuck at the bottom, unable to exit because the ladder is 10 feet above your head.

US Consumer Spending Edges Up in June

SAVING | By Martin Crutsinger | Aug 4
Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items.

Tesla Offers 1st Incentive in Owner Referral Program

SAVING | Aug 4
Electric car maker Telsa Motors Inc. is offering its first incentive, $1,000 to new-car buyers who are referred by current Tesla owners.

Owners Turning to Auctions to Sell High-End Properties

REAL ESTATE | By John Marshall | Aug 3
Once considered a last resort to dump a property that was distressed or couldn't sell, auctions have become a viable marketing option for selling luxury homes.

Lawsuit Accuses CVS of Overcharging for Generic Drugs

INSURANCE | By Sudhin Thanawala | Aug 3
CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at inflated prices, according to a lawsuit filed in federal court in San Francisco.