Hedge fund billionaire David Tepper tells CNBC that a "fairly bad choice" of presidential candidates is "affecting things."
Democratic presidential contender Hillary Clinton remains by far the favored candidate among hedge-fund managers.
Michael Sweeney, who had been Steinway & Sons CEO since 2011, left in mid-August for unknown reasons.
Lofty predictions for sizable hedge fund industry support for the Donald Trump presidential campaign have fallen short.
LONDON, Aug 16- Gold cut its gains on Tuesday after mixed U.S. economic data failed to give clarity on the prospects for a U.S. interest rate rise this year. Technically, gold's next support stands at $1,335 an ounce, while there is strong resistance in the $1,355- $1,360 area. These levels are unlikely to be broken in the short term, unless there is a dramatic change in...
LONDON, Aug 16- Gold rose 1.2 percent on Tuesday after the dollar fell to a seven-week low as traders reined in U.S. interest rate rise bets following dovish comments from a Federal Reserve policymaker. Spot gold rose to a session high of $1,355.10 an ounce and was up 1.1 percent at $1,353.55 by 1211 GMT. Spot gold was within reach of the more than two-year high of...
LONDON, Aug 16- Gold rose around 1 percent on Tuesday as a series of lower-than-expected U.S. economic data weighed on the dollar and reduced prospects for a Federal Reserve interest rate hike this year. Spot gold rose to a session high of $1,353.23 an ounce and was up 1 percent at $1,351.35 by 1010 GMT. Spot gold was within reach of a more than two-year high of...
Soros Fund Management sharply cut its shares in gold in the second quarter, regulatory filings showed on Monday.
*Technical resistance for gold seen at $1,350. Spot gold was up about 0.6 percent at $1,346.31 an ounce at 0348 GMT. Both sides are waiting for more economic data to determine the trend, "said Jiang Shu, chief analyst at Shandong Gold Group.
*Spot gold was up 0.5 percent at $1,345.68 an ounce at 0100 GMT. *Central bankers and governments must come up with new policies to buffer their economies against persistently low interest rates that threaten to make future recessions deeper and more difficult to avoid, San Francisco Fed President John Williams said. *Soros Fund Management LLC sharply cut its...
NEW YORK, Aug 15- Soros Fund Management LLC sharply cut its shares in gold in the second quarter, when bullion prices rose to two-year highs, regulatory filings with the U.S. Securities and Exchange Commission showed on Monday. "Investors have been more proactive cutting holdings in the miners, some of whom have drastically outperformed the underlying in the...
NEW YORK, Aug 15- Paulson& Co held its stake in SPDR Gold Trust unchanged in the second quarter of 2016 as bullion prices rose, but was mixed with its stakes in gold miners, filings with the U.S. Securities and Exchange Commission showed on Monday.
Donald Trump tells CNBC he will either win with his frank and uncensored style of campaigning, or go back to his comfortable life.
The group he has assembled, mostly businessmen, is atypical in their relative lack of economic credentials.
Donald Trump announces an economic team that will help to guide his often-inconsistent policy statements.
The strong July jobs report should not be taken as a sign the economy is fixed, newly named Trump economic advisor David Malpass says.
A few months ago, Wall Street was hopping on the Trump train. But now, the street's love affair with the reality TV star seems to be over, says Turney Duff.
Aug 2- American International Group Inc, the largest commercial insurer in the United States and Canada, reported an operating profit that beat analysts' estimate, driven by lower costs and strong underwriting during the quarter. AIG, which was under fire from activist investor Carl Icahn to split into three independent companies, agreed to add billionaire...
Ratings firm Moody's believes investors are going to continue to pressure Prudential and AIG into trying to get off the SIFI list as well.
Soros Fund Management, the asset management company founded by U.S. billionaire George Soros, has doubled its put on the S&P 500 stock index.