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Vatican bank makes big profit

It's been a good year for the Vatican bank as it works to scrub clean the sins of the past.

Stronger income from trading securities including bonds and a fall in operating expenses drove a sharp rise in profits last year.

Net profits hit €69.3 million…

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Mario Tama/Getty Images

Smart money is buying energy stocks. Should you?

Forget politics and religion. One of the biggest debates on Wall Street these days is whether oil and energy stocks are toxic or terrific.

Bank of America Merrill Lynch put out a note last week telling clients now is the time to buy. Hedge funds have…

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Ferrari

Monaco car collector profits from 'flipping' Ferraris

Pieter van Naeltwijck is no ordinary car collector. The Monaco millionaire makes his money in real estate, but brings in a little extra by buying and selling some of the newest, most exclusive cars on the planet.

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CNN

Google files patent for creepy teddy bear

Remember Teddy, the super-computer toy, from the film "Artificial Intelligence?" Well, Google might be making one. This week the company filed a patent for a toy that can control other Wi-Fi-connected devices.

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China's richest man bet his company's shares would fall

Turns out China's richest man upped his bet that his solar company's shares would fall -- just before a massive crash. Li Hejun raised his short position by 796 million shares in Hanergy Thin Film Solar May 18.

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Senate TV

Senate OKs 'fast track' trade promotion bill

After weeks of tense negotiations on Capitol Hill and heavy lobbying from the White House, the Senate Friday night cleared a major trade bill that is a top priority of President Barack Obama. The vote was 62 to 37.

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Pool

Yellen: Fed can't risk 'overheating the economy'

The Federal Reserve won't wait too long to raise rates.

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Kings Island amusement park

Theme parks ready for summer -- and their stocks are soaring

The stock market often seems like one big roller coaster. So why not invest in roller coasters?

Companies that own theme parks have done surprisingly well in 2015 -- despite concerns about sluggish consumer spending.

And it looks like the summer --…

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SXC

Is the party over for real estate investing?

Real estate has been one of the best performing assets since President Barack Obama took office.

No, we're not talking about regular people's homes. The biggest gains have come from so-called real estate investment trusts -- REITs for short.

REITs…

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iStock

Seattle couple leave $850,000 estate to U.S. government

A Seattle couple left nearly $850,000 to the U.S. government as a gesture of thanks to their adopted country.

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