Bloomberg News

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New ETF Rule Proposals May Chase Investors Into ETNs

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The SEC's new proposals could be the best thing that ever happened to rival exchange-traded notes.

Rich Schools Queried By Lawmakers On Endowment Spending

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Two congressional committees sent letters to 56 universities asking about endowment fees and spending policies.

AIG Plans To Cut Half Its Hedge Fund Positions

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The insurer has holdings in more than 100 funds and plans to cut that number to 50 or fewer, sources said.

Americans Can't Shake Credit Card Habit

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The typical American is always carrying credit-card debt.

$20B Manager Who Won After the Crisis Buying Again

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David Samra, awarded for his stock-picking during and after the 2008 financial crisis, says he’s buying again.

Obama Will Seek To Double Budgets For Wall Street Regulators

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Republican congressional leaders already have said they’ll reject most of Obama’s budget plan.

Gross's Investors Pull $14.8 Million From Janus Fund In January

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The $1.3 billion fund is up 0.28 percent this year, in the top 8 percent of its peers.

Swiss Probe Fine Wine Scam That May Have Targeted Dead Chef

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The alleged scam may have ensnared a star chef who committed suicide last week.

Peyton Manning Just Gave Budweiser $14 Million In Free Ads

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Manning told a sideline reporter that his postgame plan was to "drink a lot of Budweiser."

Manhattan's Luxury Condos May End Up As Rentals, LeFrak Says

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The luxury units on sale are piling up in a market with few buyers, he said.

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