Bloomberg News

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Oil's Drop Below $50 May Be Just The Start As Demand Swoons

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U.S. refineries, which turned a record amount of crude into gasoline during July, typically slow down from August through October.

Texas Attorney General Paxton Indicted For Securities Fraud

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Texas Attorney General Ken Paxton was indicted for securities fraud and failing to register as a securities adviser, according to Collin County, Texas records.

Win Or Lose, U.S. Stocks Get Biggest Earnings Bang Since '12

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Investors in U.S. stocks are rediscovering the power of earnings.

Citigroup Under Investigation Over Student-Loan Servicing

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Citigroup Inc. is being investigated over its student-loan servicing practices in a probe that the bank said echoes an enforcement action against at least one other institution.

Stock Guru Bill Miller Is Back But the Questions Linger

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As the Legg Mason stock picker builds on a three-year rebound following his disastrous recession-era record, the pain of that historic crash can still be heard in his voice.

Prudential Plc Shuts $12 Billion Curian Fund Manager In U.S.

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Prudential Plc, the U.K.’s biggest insurer by market value, is winding down the Curian Capital asset-management operation in the U.S. after a review of its business.

Allen Lures Tech Billionaires To Seattle With Art Fair

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Billionaire Paul Allen wants to bring Venice and Miami art world prestige to Seattle—along with deep-pocketed technology entrepreneurs.

Billionaire Cohen Gives $2 Million To Whitney Museum

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Billionaire Steven A. Cohen and his wife Alexandra gave $2 million to the Whitney Museum of American Art for its education programs.

Exxon, Chevron Bracing For Dark Times Ahead As Oil Slump Lingers

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Exxon Mobil Corp. and Chevron Corp., the biggest U.S. energy producers, hunkered down for a prolonged stretch of weak prices after posting their worst quarterly performances in several years.

New Hampshire Voters Explain The Appeal Of Donald Trump

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A Bloomberg Politics focus group of 12 Republican and independent voters say Donald Trump's inexperience in politics and brashness are more assets than liabilities.

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