Bloomberg News

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Paul Singer Says Stock, Bond Markets Are 'Unsound'

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Paul Singer, the billionaire founder of $27 billion hedge fund firm Elliott Management, said stock and bond markets are structurally “unsound” as evidenced in recent market volatility.

Trump's Tax Plan: Still Unclear How He'd End Up Paying More

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Experts predict Trump's tax plan would be a boon for billionaires like him.

Goldman Said To Seek New Recruits Among Peer-To-Peer Lenders

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Goldman Sachs Group is seeking potential recruits from peer-to-peer lenders including LendingClub Corp. and Prosper Marketplace Inc...

Valeant Hits 2-Year Low As Ackman Ignored

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Valeant Pharmaceuticals International tumbled to a two-year low, closing out its worst month ever, after billionaire shareholder William Ackman failed to persuade investors the stock was undervalued...

Buffett's Record Gain On Kraft Heinz Masks Stock Market Lapses

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Warren Buffett is about to show how getting one big investment right can overshadow several laggards.

Here's How Much QE Helped Wall Street Steamroll Main Street

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Wall Street is counting its winnings from seven years of easy money.

GenWorth Slides 45% This Year On LTC Woes

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Genworth reported Thursday a $284 million third-quarter loss as results missed analysts’ estimates.

Tax Issues Take Center Stage For RIAs Focused On High Net Worth

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The fastest-growing RIA in this ranking of 50 firms serving high-net-worth individuals even moved his own firm to Puerto Rico in part because of tax advantages.

Before Paddles Are Even Raised, $1 Billion Of Art Already Has Buyers

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There’s more than $2.1 billion of art for sale at the New York auctions next month. Almost half of it, including an Andy Warhol painting belonging to billionaire Steven A...

Oil Companies Curtail Spending On Everything--Except Dividends

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Oil executives are standing by promises to protect dividend payouts from the collapse in crude prices even as they fire workers and cancel drilling projects.

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