Six hedge fund managers gave their best investment ideas at an exclusive—and private—Morgan Stanley conference. Here are their picks.» Read More
So, this time next week, I will be a year older, but probably not a year wiser—just a week wiser. Here’s what I learned while you were working on REM sleep:
Michael Lewis is being sued over his book The Big Short.
Nouriel Roubini and political scientist Ian Bremmer have developed a new conceptual framework for understanding the economic and political challenges of the 21st century: The G-Zero World.
The phrase G-Zero is borrowed from the G-20, the club of finance ministers and central bankers of the world's twenty major economies. The group has grown in recent years: It was first the G-7 industrialized nations, then the G8 when Russia was added—in its current 20 nation form, it includes developing nations such as China, India, and Brazil.
Turning the page on the calendar has become a favorite exercise for the stock market over the past year or so.
So with February fading into March, traders likely should brace themselves for a happy Tuesday, delivered straight from the accommodating folks on Wall Street.
Consumers increased spending 0.2 percent in January, despite a cut in Social Security taxes that grew personal income by a full percentage point.
You’ll hear lots of theories about why consumers didn’t spend more of the increased income. But don’t read too much into the news.
With all the talk about $4 a gallon gas and the crisis in the Middle East, the specter of surging food prices has gotten pushed to the background.
That’s a mistake, considering that the struggle to put food on the table is what generated the riots in the first place. In the US we focus so much on gas because of the way higher transportation costs infect every sector of the economy, but rising grocery costs are a major threat as well.
News broke on Friday that Richard Ruzika, head of Goldman Sachs' Special Situations Group was 'retiring'.
At 51, Ruzika, a former precious metals commodities trader, seems a bit young to spend his days ambling along on a golf course.
Which may make you wonder: What's the story behind the scenes at Goldman Sachs?
Hedge funds in both the U.S. and abroad are grabbing at investment opportunities in a distressed energy sector.
Analysts had expected the price to fall within a range of $17 to $19 a share, up from the original forecast of $14 to $16 a share.
Investors should not fear the market, BlackRock President Rob Kapito said. Here's what he'd do.