Soros Fund Management exited its bet on Herbalife, the nutrition company that rival investor William Ackman has called a fraud.» Read More
Billionaire financier George Soros has long been the bane of Republican politicians, funneling huge dollars to Democrats and liberal causes. But now his son Alexander is getting into the game, too.
Letting the Bush tax cuts expire for wealthy American hurts, not helps, them, because it keeps the US from having a vigorous economy, billionaire financier George Soros, head of Soros Fund Management, told CNBC Monday.
If there is any lesson the Germans should have learnt from two lost wars and the Great Depression, then it is that they must avoid inflation.
Film star DiCaprio and billionaire philanthropist/investor Soros came together to discuss the economics of climate change.
George Soros, the billionaire investor and philanthropist, plans to announce on Tuesday that he is giving $100 million to Human Rights Watch to expand the organization’s work globally. The New York Times reports.
Stocks ended higher Tuesday with the Dow gaining more than 100 points to snap a five-day losing streak. The rally followed a series of government data releases and earnings reports that showed hints of strength returning to the economy. Home Depot jumped, RIM slipped.
Stocks advanced decisively Tuesday, with Dow on track to snap a five-day losing streak. The rally followed a series of government data releases and earnings reports that showed hints of strength returning to the economy. Home Depot jumped, RIM slipped.
Stocks rose significantly Tuesday after days of losses, following a series of government data releases and earnings reports that showed hints of strength returning to the economy. Home Depot gains, Kraft slips.
U.S. stock index futures are higher after the government released data on industriarl production, capacity utilization, housing starts and the July Producer Price Index. WalMart and Home Depot reported better-than-expected results.
The euro is a very credible currency that has kept its value from its debut and has guaranteed price stability, he said. "A currency that guarantees such stable prices, it's of value in the eyes of domestic and international investors," Trichet said.
It is the resurgent passion of the doomsday crowd, a bet that everything will go wrong. No matter what has you worried, they say, the answer is gold. The New York Times reports.
In our continuing Trader Icon series, we take an in-depth look at George Soros, the man some say saved the British from the euro.
Billionaire investor George Soros, chairman of Soros Fund Management, detailed his fund's actions in the first quarter of the year in an SEC filing on Monday.
The billionaire investor said he believes that Germany’s insistence on an interest rate of 5 percent for the aid package has compromised the rescue because it would water down its impact.
The pro-pot lobby is basically like any other: PACs and big-name contributors, and meetings at The Capitol, even the White House. It's the new Norml, so to speak. And the new message? It's the economy, dude.
If the euro can't go ahead, it will go backwards, the famous financier said. "It's important to understand that if you don't make the next steps forward for the euro, the euro will go to pieces and the European Union too," Soros added.
The legendary investor who forced the pound out of the Exchange Rate Mechanism in 1992 believes that the rescue package is only "a little step" that may not stop Athens falling into a "debt spiral".
The Lazarus-like recovery of the nation’s big banks did not benefit just the bankers — it also created huge paydays for hedge fund managers, including a record $4 billion gain in 2009 for one bold investor who bet big on the financial sector.
Stocks rose for second day Wednesday as a Deere earnings beat and a rebound in housing starts helped renew investor optimism about the recovery. Consumer stocks were among the best performers; energy, the weakest.
While the younger generation, very visibly led by Lloyd C. Blankfein, chief executive of Goldman Sachs, lobbies Congress against such regulation, their spiritual elders support the reform proposed by Paul A. Volcker and, surprisingly, even more restrictions. The New York Times reports.