Goldman: the 100 most important stocks to hedge funds
Goldman Sachs is out with its latest “Hedge Fund Trend Monitor,” shedding light on which stocks the “smart money” is flowing into.
U.S. fast-track trade bill clears key hurdle in Senate
Legislation key to sealing a Pacific trade pact passed another important test in the U.S. Senate on Thursday, boosting hopes for a deal that is central to President Barack Obama’s strategic shift toward …
Gauge of future health of US economy jumps 0.7 percent
An index designed to predict the future health of the economy posted a strong gain in April, a sign that the economy is beginning to accelerate from a sharp slowdown during the winter. The Conference Board …
Owner of American Pharoah named in gambling debt lawsuit
Ahmed Zayat, owner of Triple Crown hopeful American Pharoah, has asked a federal judge to dismiss a lawsuit that accuses him of owing $1.65 million to a man who says he fronted Zayat money for gambling …
U.S. jobless claims up; four-week average lowest since 2000
WASHINGTON, May 21 (Reuters) – – The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to suggest the labor market was tightening. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 274,000 for the week ended May 16, the Labor Department said on Thursday. A Labor Department analyst said there was nothing unusual in
Live: Big banks pay up; Gas prices climb as summer nears
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Goldman: Buybacks and dividends all that's left in S&P 500
The $1 trillion that U.S. companies are on track to return to shareholders this year will constitute the market’s entire return in 2015, according to Goldman Sachs.
The 5 US states where China invests the most
A new report shows more than 80,000 Americans are employed by Chinese companies, up from 15,000 five years ago. Here’s where those jobs are.
Chinese solar maker plunges, losing nearly $19 billion in 24 minutes
The decline of Hanergy Thin Film Solar Group Ltd. was as spectacular and inexplicable as its ascent. Just 24 minutes of Hong Kong trading erased $18.6 billion of market value and wiped out almost four months of gains that made it more valuable than Sony Corp. of Japan. The maker of solar equipment controlled by Li Hejun suspended trading after the stock plummeted 47 percent in the morning.
Five global banks to pay $5.7 billion in fines over rate rigging
Five of the world’s largest banks, including JPMorgan Chase & Co and Citigroup Inc, were fined roughly $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday. A fifth bank, UBS AG, will plead guilty to rigging benchmark interest rates, the U.S. Justice Department said. U.S. banks JPMorgan Chase and Citigroup will pay $550 million and $925 million
