On a three-month annualized basis — a metric economists say paints a more accurate picture of the trajectory of inflation — the core PCE price gauge advanced 2.2%, the least since July.

For the fourth consecutive quarter, LPL Financial Holdings beat analysts’ earnings estimates.

The firm's private equity fund for individual investors has raised about $8.5 billion since its launch last year.

A wave of debt restructurings across the developing world mean the best pickings are gone, the fund's managers say.

At first blush, stock trading this week is hardly a paragon of the market-efficiency theory, an oft-romanticized idea in Economics 101. After all, big equity gauges plunged on Monday, spurred by fears ...