Scott Boras, the agent for star New York Yankees third baseman Alex Rodriguez, told CNNMoney.com Saturday that the current uncertainty surrounding the team, including its managerial opening, will make it difficult for his client to sign with the Yankees by the deadline given by team management.
Stocks tumbled Friday as record-high oil prices, more problems in the bank sector and slower corporate earnings growth revived worries about an economic slowdown.
The Janus fund group just received a big blow - star manager David Corkins, a 12-year company veteran who currently runs the flagship Janus fund, is leaving at the end of this month.
It's amazing how easy it is to get lazy and comfortable and accept things as they seem to be instead of trying to see them as they are. That's true, I'm sorry to say, even for someone like me who urges eternal vigilance and makes a living writing about financial fiascos.
Nearly half of Americans feel the U.S. economy is in a recession, marked by a significant decline in economic activity, according to a survey released Thursday.
With crucial holiday sales on the line, Sam's Club is laying it on thick this year, giving shoppers free breakfast on top of its Black Friday "doorbuster" deals.
A large Bank of America money market fund has over $600 million of exposure to Cheyne Finance, the structured investment vehicle (SIV) that recently defaulted on its obligations.
