by Ben Rooney
A French telecommunications company just pulled off the largest sale of junk bonds in history.
It's the latest indication of how strong the appetite for high-yield bonds is.
Related: Understanding bond fund types
Numericable (NUM.PA), which provides cable and internet service in France and other European markets, sold a record amount of high-yield bonds Wednesday with some priced in dollars and others in euros.
It's sold $7.78 billon and €2.25 billion in MOREApr 23, 2014 6:22 PM ET
Pope Francis was not as overt in calling out the greedy in his 2014 Easter message as he was last year.
He focused mainly on calls for peace and an end to pressing conflicts in Syria, Ukraine and elsewhere. But even this year, he wove in some commentary on the world economy.
"Help us to overcome the scourge of hunger, aggravated by conflicts and by the immense wastefulness for which we are MOREHeather Long - Apr 19, 2014 10:21 AM ET
Apparently, babies do get old.
ETrade (ETFC) recently retired its long-running ad campaign featuring a talking baby boy telling people how easy it is to invest.
The company's official line is that the child star quit.
There's even a web site marking the milestone, babyquits.com, which redirects you to a Facebook page showing an out of office sign on the baby's crib.
Over the years, the baby, who was never given an official name, MOREHeather Long - Apr 12, 2014 1:00 PM ET
When Gautam Kaul speaks, hundreds of thousands of people listen.
Kaul, a professor of finance at the University of Michigan's Ross School of Business, has become an Internet sensation.
His classes are by far and away the most popular finance and economics offerings on Coursera, a free site where people can take college courses.
Judging by course enrollment, Kaul is in more demand than Nobel laureate Robert Shiller, a Yale professor who wrote MOREHeather Long - Apr 12, 2014 9:00 AM ET
Airbnb may soon be worth more than all but three of America's largest hotel chains.
The website that lets you rent people's homes and apartments is reportedly finalizing a deal to raise about $500 million more from private equity firm TPG Capital and other investors, bringing the company's valuation to $10 billion.
That would vault Airbnb ahead of Hyatt (H), Wyndham Worldwide (WYN) and Holiday Inn owner InterContinental (IHG).
All this from a site that's MOREHeather Long - Apr 7, 2014 10:43 AM ET
by Lee Munson
I love you, New York City, but you're killing me. There's a reason I stay in my remote third world country called New Mexico.
The media focus on Michael Lewis' new book, "Flash Boys: A Wall Street Revolt," irritates the hell out of me.
Lewis wants everyone to get worked up about high-frequency trading (dubbed HFT for short). Balderdash. This is an old subject with little relevance to individual investors.
Here's MOREApr 3, 2014 3:20 PM ET
If finance had a hall of fame, Warren Buffett, Carl Icahn, John Paulson, George Soros and Bill Ackman would probably be in it.
These men aren't just rich, they've managed to beat the market consistently.
Plenty of investors dream of being in their league, but decoding the market on your own is tough and buying into many of these famed investors' funds is steep.
While you can purchase a class B share of MOREHeather Long - Apr 2, 2014 10:51 AM ET
Exxon Mobil (XOM), America's largest energy company, funded global warming denial groups for years. Now it has agreed to release a report by the end of March that details how climate change could affect its business.
The move comes in response to a shareholder resolution and as the nation marks the 25th anniversary of the Valdez oil spill that released 11 million gallons of crude oil into Prince William Sound in MOREHeather Long - Mar 25, 2014 10:54 AM ET
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