RJ and Makay

Over the past few weeks there?s been an increase in the volume of chatter related to the next iPhone, be it called the iPhone 5 or the new iPhone. Let?s take a trip through the blizzard of rumors to see if we can tease any useful information out from these rumors and speculation. What we ...

A small army of employees and early investors will wake up Friday morning with increased clarity about the magnitude of their substantially higher net worth. With this wealth comes tremendous opportunity. And potential pitfalls as well. Sudden windfalls aren't ever to be confused with permanent. And the reality is many of the same core financial ...

This is a guest post by Craig Birk, director of portfolio management at Personal Capital. It's tempting. But we don't think so. Potential doomsday scenarios like the one we are in the midst of now occur frequently - we just remember them as less scary after the fact. The news is full of confident predictions ...

Paul David Hewson, better known to most of us as Bono the frontman for , will become a billionaire though today?s float of . The Irish Independent is reporting that Elevation Partners, the venture capital fund where Bono is a partner and investor, has some 2.3 % of the company: Elevation, which invests in media, ...

We have just updated the portfolio of Mohnish Pabrai. He is betting heavily on riskier banks, and his portfolio looks a lot like Bruce Berkowitz's. His largest positions are now Bank of America (BAC), Citigroup (C) and Goldman Sachs (GS). These three banks are now more than 60% of his portfolio. It is not clear ...

WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws.

(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.

MADRID (Reuters) - Spanish bank bad loans rose in March to their highest in 18 years, figures from the Bank of Spain showed on Friday, underscoring the problems facing the government as it attempts to clean up the sector and get its economy back on track.

NEW YORK (Reuters) - Stock index futures edged up on Friday following five days of losses on the S&P 500, but major indexes were setting up to close their worst week of the year.

LONDON (Reuters) - World shares slid and German borrowing costs hit record lows on Friday as a deepening Spanish banking crisis, uncertainty about Greece's future in the euro zone and lackluster U.S. data bolstered safe-haven assets.