China’s state media supports yuan, thumbing nose at pessimist George Soros.
U.S. college endowments suffered the worst annual performance in three years.
Executive action is possible on things like the carried-interest tax, say spokesmen.
AIG CEO Peter Hancock says hedge funds are "not an efficient use of our capital."
Shareholders contended a 2012 pay plan improperly allowed Facebook directors to set their own pay.
The world’s economic woes are damping sales in the high-end real estate market.
Ray Dalio has made the most money for investors in the history of the industry.
It cut its forecast by 9.1 percent, saying volatility could damage the broader economy and cause an earnings recession.
The art market may be slowing amid stock price volatility and greater selectivity by wealthy buyers.
The pass rate for the CFA exam’s first step neared this decade’s highest level as more candidates from Asia piled in.
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