Bloomberg News

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Two Rich Friends Invest $1 Million To Propel Buddy To U.S. House

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Such candidate-specific super-PACs in congressional and Senate races are the latest development in the changing campaign-finance landscape.

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Judge Orders Assets Frozen Of Bugatti-Driving Man Tied To $3B Stock Fraud

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A Manhattan District Court judge granted an SEC order sought against a man accused of operating a massive five-year “pump-and-dump” scheme using penny-stock Web sites.

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DoubleLine Hires Pimco’s Sosa As Gundlach Seeks Expansion

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DoubleLine Capital LP hired Pimco’s Ignacio Sosa as director for a newly created product solutions group as CEO Jeffrey Gundlach looks to grow outside the U.S.

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Wall Street Bond Dealers Whipsawed On Bearish Treasuries Bet

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Betting against U.S. government debt this year is turning out to be a fool’s errand. Just ask Wall Street’s biggest bond dealers.

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Obamacare Debate Turns From Repeal To Costs And Care

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With more than 8 million Americans now dependent on medical coverage through Obamacare, the law may finally be cemented into the foundation of U.S. society.

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Public Funding For U.S. Colleges Rebounds After Years Of Decline

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Public funding for U.S. colleges increased for only the second time in five years last year, following declines that forced schools to increase tuition and cut costs.

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Property-Tax Collections Rising At Fastest Pace Since U.S. Crash

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In cities including San Jose, Calif., Nashville, Tenn., Houston and Washington, D.C., revenue from real-estate levies has set records, or is poised to.

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Singer, Griffin Among Billionaires Funding Rove Super-PAC

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Billionaires B. Wayne Hughes, Paul Singer and Ken Griffin are among two dozen donors who gave $5.2 million last month to American Crossroads, a Republican group aligned with Karl Rove.

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SEC Said To Weigh Shining Light On Broker Role In Routing Stocks

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The SEC is weighing a requirement that brokers tell investors exactly where their stock trades go to be executed.

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How A 56-Year-Old Engineer’s $45,000 Loss Spurred SEC Probe

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The civil engineer's loss on a Credit Suisse exchange-traded note (ETN) shows why banks are being pressured by the SEC to beef up disclosures on the products.

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