Bloomberg News

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400 Billion Reasons Why Ebbing Currency Reserves Threaten Bonds

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There’s a $400 billion reason to worry if you’re a bond investor.

Banks' Big Overdraft Fees May Escape Tough Rules

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New rules may not stop that $5 latte you bought with your debit card suddenly costing $40 because of an overdraft on your account.

Paulson Gives Harvard Record $400 Million For Engineering School

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Billionaire hedge-fund manager John Paulson gave $400 million to Harvard University’s engineering school, the biggest donation in the college’s 379-year history.

As Billionaires Bask In Glow of Pledge, Giving Half Is Optional

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Signatories to the Giving Pledge are under no legal obligation to donate any of their money, and sometimes fail to give away anywhere close to half.

Dimon Becomes Billionaire, Ushering In Megabank Era

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Jamie Dimon’s status is unusual because, with the exception of former mentor Sanford “Sandy” Weill, few bank managers accumulate that much wealth.

Nevada's New Tax Will Target 'Burning Man' And Escorts

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Looking for new vices to tax, Nevada lawmakers have turned their sights on escort services and massive music-and-light festivals in the desert.

Analyst Crackdown Did Nothing To Improve Earnings Forecasts

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More than a decade after a government crackdown on conflicts of interest on Wall Street, a new study says stock analysts are no better now than they used to be at predicting corporate earnings.

Zuckerberg's Neighbors Dive Into Backyard Brawl With Developer

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Mark Zuckerberg’s former neighbors have an ax to grind with the developer who got the rights to their property and then extracted a payment from the Facebook Inc...

Irish Trophy Homes Are Back With The Property Bubble a Distant Memory

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In a wealthy fishing village in Dublin, the Irish trophy home is making a comeback after the bubble burst on the country's luxury home market in 2008.

Young, Overworked Banker Struggled With Quitting Goldman Weeks Before Death

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Working until 5 a.m. had become the norm, and the 22-year-old Wharton grad burned out.

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