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Hedge funds have been holding their own amid the severe market swings of the past week, with the Dow Jones Credit Suisse Core Hedge Fund Index declining only -3.66% month-to-date through Aug. 14. By comparison, the Dow Jones Industrial Average fell -11.58% in that time, and the S&P 500 declined -13.18%.

The securities industry added 4,000 jobs across the United States in the second quarter, according to the Securities Industry and Financial Markets Association.

With Google's announcement of its agreement to acquire Motorola Mobility Holdings, the search giant has potentially turbocharged its mobile payment plans.

It sounds strange to say, but the Federal Deposit Insurance Corp. is solvent again. That the FDIC was technically in the red for seven quarters -- the result of heavy failures and very strict accounting --- was a lesser-known fact of the 2008 crisis, and so news last month that the Deposit Insurance Fund turned positive in the second quarter also drew scant attention.

Zsa Zsa Gabor has never been one to shy away from the limelight. But when does pursuing fame cross the line for a 94-year-old? That point may have come this week, when her husband of 25 years told CNN that he had started the process of donor matching and blood work so he could turn Zsa Zsa into Ma Ma.

The securities industry added 4,000 jobs across the United States in the second quarter, according to the Securities Industry and Financial Markets Association.

The last two weeks have been a heart-stopping roller coaster ride for investors. But don’t assume that the ride is necessarily over, said Michael Ryan, chief investment strategist at UBS.

Investors came back refreshed and eager to buy Monday, pushing stocks from most every industry higher and suggesting that perhaps -- finally -- the market has stabilized in the aftermath of the debt rating downgrade and sustained gains will become the rule rather than exception.

Sell-side analysts' refusal to admit there wrong after they've gone out on a limb -- only to find their initial opinions were incorrect -- has exposed clients and the markets as a whole to more losses for years, according to a new study.

Wells Fargo is buying up most of Citadel’s troubled investment bank operation, which the Chicago-based hedge fund recently decided to unload after concluding that’s its plan to convert the company into an investment bank was not working out.