| Jul 26, 2013
| 7:59 AM
WASHINGTON -- Americans are more optimistic about the economy than at any time since the Great Recession as rising home and stock prices boosted consumer confidence this month to a six-year high.
The consumer sentiment index from the University of...
| Jul 26, 2013
| 10:30 AM
WASHINGTON -- Clear communication and proper timing are key to the Federal Reserve ending its unprecedented stimulus efforts without damaging the improving U.S. economic recovery, the International Monetary Fund said Friday.
With Fed policymakers set to...
| Jul 30, 2013
| 5:00 PM
The U.S. attorney in Manhattan last week announced the criminal indictment of hedge fund SAC Capital Advisors. Some may wonder what is to be gained by the effort and expense. Unlike the case of hedge fund mogul Raj Rajaratnam, who went to prison in 2011...
| Nov 14, 2013
| 8:40 AM
An Andy Warhol work depicting a gruesome car crash has sold for $105.4 million at auction, a record amount for the pop artist. The sale was made Wednesday evening at a Sotheby's auction of contemporary art in New York.
The auction also featured the sale...
| Mar 30, 2012
| 9:19 AM
Ray Dalio of Bridgewater Associates took home $3.9 billion last year. Fellow investment kings Carl Icahn and James Simons each made off with more than $2 billion. To the average plebeian, that’s a lot of money.
But for the top 25 hedge fund earners...
| Jan 18, 2012
Peter O'Malley and Stanley Gold recently met to discuss whether the family of the former Dodgers owner and the family of the late Roy Disney might join forces in bidding for the Dodgers. The meeting was confirmed by a person......