France's Carrefour said it is selling its 25% stake in a Middle Eastern joint venture to local partner Majid Al Futtaim Holding for €530 million ($686 million).
To earn yields of 5% or more, investors are turning to more complex fare, such as high-yield corporate bonds, preferred stocks and real-estate investment trusts.
The stock market is expecting a massive new economic boom while the bond market sees the economy remaining in a funk. They can't both be right, but they can be wrong, writes Brett Arends.
Did Global Warming have anything to do with the Oklahoma tornadoes?
People born between 1966 and 1975 took a bigger hit during the recession and are less well-prepared for retirement than older Americans, according to a new study.
President Obama says you have to work twice as hard if you are black. Do you agree?
A new wave of private firms that cater to clients' every imaginable financial need are increasingly courting the merely wealthy. Here's what they offer.
