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Kenneth C. Griffin, the billionaire founder of Chicago hedge-fund firm Citadel, filed for divorce from his wife, citing “irreconcilable differences.”
Alan C. Greenberg, a Wall Street icon who presided over Bear Stearns during its historic collapse in 2008, has died at the age of 86.
Mark Mobius, whose $12 billion Templeton Asian Growth Fund has outperformed 94 percent of peers this year, favors state-owned banks and energy companies.
Jeff Bezos is testing the patience of investors after Amazon missed earnings estimates for a second straight quarter, sending the shares tumbling 10 percent.
The Facebook Inc. chairman added $1.6 billion to his fortune after the world’s largest social network closed at a record on Thursday.
The U.S. sale of $15 billion of 10-year inflation-indexed debt drew the lowest yield in more than a year amid bets consumer-price growth will increase as the economy improves.
A man who swindled wealthy wine collectors, including billionaire William Koch, was ordered to forfeit $20 million by a federal judge.
Americans are unlikely to lose Obamacare subsidies any time soon, at least not in most states.
Home sales in New York’s Hamptons, the Long Island vacation locale popular among financiers and celebrities, climbed in the second quarter as more inventory became available for buyers.
Financial Advisor Blogs
Portfolio Manager Insights
The top 10 reasons why the US stock market is not in a bubble can be summarized in a countdown list. + Read more
Risk management failed dramatically during steep market drops since '98, and we argue that's because too much focus has been placed on backward-looking risk measures and not enough on scenario analysis. + Read more