In the wake of feeble returns, the $3 trillion hedge fund industry is experiencing the biggest outflows since 2009. » Read More
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.
Stocks opened higher Wednesday after Deere blew past earnings expectations and a report showed a rebound in housing starts.
Wall Street looks set to extend the previous session's gains Wednesday, with stock index futures pointing to a modest rise.
Nassim Taleb, the author who gained fame and fortune writing about 'Black Swans,' says there isn't enough evidence to show that Warren Buffett's skill, and not his good luck, is responsible for the billionaire's enormous investing success over the decades.
Billionaire financier George Soros has often been looked as an authority on where global market stands. Soros sat down with Bartiromo for a look at the U.S. economy, China and more importantly, where investors can find opportunities.
The list of speakers and attendees ranges from economists to founders of new social networking sites. Click ahead for the faces of Davos.
The Davos conference is truly a global event. Inevitably some things get lost in translation. This invitation I received has to be one of them.
Finding out who is Davos begins on the plane on the way here. Arthur Sulzberger Jr., the publisher of The New York Times, sat behind me.
Soros Fund Management, the hedge fund run by billionaire investor George Soros, increased its holdings in U.S. stocks to $6.2 billion from $4.2 billion and bought a stake in Ford Motor.