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Legg Mason to Cut 120 Jobs as Reality Bites With Activist Peltz on Board

Legg Mason to Cut 120 Jobs as Reality Bites With Activist Peltz on Board

An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.

Consumers Might Love Tech Trends, But Do They Make the Best Investments?

Consumers Might Love Tech Trends, But Do They Make the Best Investments?

What makes technology more accessible and commonplace for consumers, is not the best dynamic for shareholders betting on these stocks.

TD Ameritrade Cuts Fees on ETF Trades in Further Blow to Mutual Funds

TD Ameritrade Cuts Fees on ETF Trades in Further Blow to Mutual Funds

As competition heats up in the exchange-traded funds industry, TD Ameritrade nearly doubles the roster of ETFs eligible for commission-free purchases.

What Is Fiat Currency?

What Is Fiat Currency?

Fiat currency has a huge impact on how governments manage money - TheStreet offers the reasons why. Learn more today.

Sanmina Surges on Strong Second-Quarter Earnings

Sanmina Surges on Strong Second-Quarter Earnings

Shares of electronic components manufacturer Sanmina jump after the company reports better-than-expected second-quarter earnings.

KKR Profit Nearly Triples in First Quarter as U.S. Stocks Rallied

KKR Profit Nearly Triples in First Quarter as U.S. Stocks Rallied

KKR, the $200 billion U.S. private-equity firm, benefited from higher performance revenue and investment income during a period when the S&P 500 jumped by the most in 10 years.

Trump's Economy, Recently Swooning, Now Seems to Be Going Swimmingly

Trump's Economy, Recently Swooning, Now Seems to Be Going Swimmingly

President Donald Trump's administration predicted 3% annual economic growth when he pushed for the $1.5 trillion of tax cuts in late 2017. Despite recent bouts of pessimism and market gloom, the president's economy is holding its own.

Bank Earnings: Here's What We Know So Far

Bank Earnings: Here's What We Know So Far

Here's your very own bank earnings 'cheat sheet.'

Blackstone Shares Jump on Plan to Convert Partnership Units Into Stock

Blackstone Shares Jump on Plan to Convert Partnership Units Into Stock

The private-equity firm says the conversion will allow investors to buy its shares without creating the need for a Schedule K-1, an Internal Revenue Service tax form that's used to report earnings from partnerships.

Morgan Stanley Profit Falls 9% Amid Trading Slump but Beats Estimates

Morgan Stanley Profit Falls 9% Amid Trading Slump but Beats Estimates

Morgan Stanley says first-quarter profit falls 9% from a year earlier as revenue tumbles in the New York-based investment bank's trading business. But the results still exceed the expectations of Wall Street analysts.