The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.
China’s largest state-owned banks are moving big chunks of their European business to Luxembourg as they seek to escape tougher regulation in the City of London. The FT reports.
Fed up with lagging returns at the hedge fund, investors large and small are opting to either reduce their capital at risk or yank it entirely by year’s end.
In the midst of the financial crisis, the 92nd Street Y came up with a sweetheart deal for its endowment: investments in funds run by the likes of John Paulson, Marc Lasry, and other hedge-fund luminaries that were fee-free and guaranteed against losses.
Hedge-fund manager David Einhorn is a big critic of quantitative easing — and he thinks the U.S.’s current monetary policy should essentially be reversed.
Confusion reigned on Thursday, a day after Greece’s finance minister told the parliament that Greece had received an extension on its bailout, with the European Central Bank and Germany denying a deal had been done.
Apple earnings and a Microsoft product launch keeps technology names at the forefront Thursday in a market that has been mostly punishing the sector for the last month.
The S&P 500 and Dow Jones Industrial Average could plummet 20 percent from their recent highs, veteran investor and author of the Gloom, Boom and Doom report, Marc Faber, told CNBC.
Fed officials, huddling in Washington for a second day Wednesday, are likely to be discussing how to tweak policy later in the year. Those changes could include a new way of communicating their low rate policy, and what they will do when their Operation Twist ends in December.