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Robert Benmosche, the combative former CEO of American International Group who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70.
The biggest story in politics and economics centers on the possibility the U.S. Supreme Court will soon eliminate federal subsidies for people buying health insurance through Obamacare.
Hedge fund manager Dan Loeb warned investors against expecting unrealistic returns if they’re counting on investing in energy companies on the cheap.
There’s competition to be the first Academy Award winner to play Bernie Madoff, mastermind of the world’s biggest Ponzi scheme.
Irving Kahn, the Manhattan money manager whose astounding longevity enabled him to carry firsthand lessons from the Great Depression well into the 21st century, has died. He was 109.
Meredith Whitney won an early victory in the fight to save her hedge fund as a judge said investor payments can resume while billionaire Michael Platt seeks to recoup his stake.
Few states are as strict about residency rules as New York, which means that if New Yorkers want to leave—and take state tax revenue along with them—they must prove they really are gone.
While Goldman Sachs Group Inc. employees may get less compensation than in the past, many cashed in last year for a payday they’ve been awaiting since the depths of the financial crisis.
Thanks to a bullish economy and a burgeoning crop of multi-millionaires, carmakers catering to the rich have finally started to figure out that they have been drastically underestimating demand for...
The growing debate about worsening income inequality in the U.S. has put a spotlight on how fast-food chains and retailers treat their staff.
Portfolio Manager Insights
The national debate fanned by President Obama over new fiduciary standards for financial advisors shows that the country is veering too much toward punishment, says expert Donald Trone.
Although many young people escape poverty as they get older, many others do not and need help, says this columnist.