USA TODAY reporter John Waggoner explains the Libor scandal and what it means to you.
The hottest trend in fashion of the moment is branded jewelry, as companies that specialize in ‘soft’ luxury goods debut ‘hard’ luxury lines.
Bill Ackman can always be relied on to provide a little excitement in investing circles. His lunchtime presentation at CNBC and Institutional Investor’s Delivering Alpha conference today will be no exception. The founder and CEO of hedgefund Pershing Square Capital Management will unveil his latest investing idea.
As the whole financial crisis unfolded last fall and earlier this year, I’m sure you remember the uproar over bonuses paid at some of the very companies that were receiving taxpayer dollars to stay afloat. Companies like AIG and Citigroup, among others.
Cash on the sidelines is likely to now "dribble" into stocks after the gains made since early March, says Citigroup strategist Tobias Levkovich.
The most important fact about this week is that it is the last week of a dismal quarter. Traders got annihilated in January, as the market went against both longs (in the first half of the month) and shorts (in the second half).