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One day after being accused of fraud by the Securities and Exchange Commission for its role in advising five Wisconsin school districts on a risky investment scheme, Stifel Financial Corp. said it has finalized an agreement to purchase $162.5 million of school district-supported notes from Depfa Bank Plc.

Charles Schwab grew its total client assets under management to more than $1.65 trillion, bringing in a total of $9.9 billion in net new assets in July alone.

During the first trading session after Standard & Poor’s downgraded its rating of U.S. debt from AAA to AA+, investors got out of stocks and parked their money in...U.S. Treasury bonds.

Forty-two percent of workers are living paycheck to paycheck, down slightly from the 43% who were in this financial state in 2010, CareerBuilder found in a survey of 5,200 workers. This 42% level is at pre-recession levels, indicating that while incremental, household finances are improving.

Mutual fund asset growth worldwide is expected to rise by a moderate 10% this year, according to Financial Research Corp. By comparison, the industry’s assets rose 16% in 2010.

When the Dow Jones Industrial Average entered free fall this week before recovering somewhat on Thursday, the rhetoric over a possible big bank failure heated up.

As U.S. companies increasingly try to cut costs by moving away from employer-funded benefits plans, many are turning to so-called “voluntary” programs which are sponsored by or offered through the employer but are funded by the employees themselves.

As global economic uncertainty grows, executives at private companies have grown less optimistic, although they have continued to spend money to improve their businesses, according to PwC US’s Private Company Trendsetter Barometer released on Thursday.

Investors are spooked by the increasing volatility of U.S equities markets and in July pulled out nearly $23 billion, an amount of money that is starting to approach the panicky pullback seen in the October 2008 when investors withdrew $27.9 billion from the market.

They're an elongated equivalent of a ticker tape. Instead of four-character symbols and another four characters of pricing information, they're 140 characters of insight and links to deeper information.