Investment manager T. Rowe Price Group Inc. on Thursday said its fourth-quarter profit jumped more than six times as investors bought into its mutual funds and the market rally boosted other investments. For the final three months of 2009, net income rose to $152 ...

The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved expensive meals and vacation plans and threw "every spare dollar" into the stock market. The value of his portfolio has more than tripled as ...

BOLSA BOOM

Mexico's Bolsa Index hit a 15-month high on Sept. 15. Despite the government's budget woes and an economy forecast to shrink 7.7% in 2009--the biggest decline since the 1930s--"the worst appears to be over," says Citigroup analyst Eduardo Estrada Lopez.
That's good news for Wal-Mart de Mexico, whose shares make up about 14 ...

END OF THE BOND BOOM?

At the height of the credit crisis, nearly everyone was bullish on bonds. Experts gushed over "equity-like returns" in the fixed-income sector, advisers recommended bonds for the long haul, and even equity managers were buying bonds. Since December investors have plowed $18 billion into high-yield bond mutual funds, around nine times the amount for the ...