Bloomberg News

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Fed Governor Says Audit Bill Threatens Fed Independence

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Federal Reserve Governor Jerome Powell stepped up the central bank’s push against what he termed congressional efforts to extend political influence over monetary policy, calling them...

Joan Rivers’ Manhattan Penthouse Listed For Sale At $28 Million

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The Manhattan penthouse once home to Joan Rivers, the comedian and television personality who died last September, was listed for sale Monday at $28 million.

Bond Dangers Compounded By U.S. Pushing Out Debt Maturities

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The shift is saving money for American taxpayers -- but it’s also made Treasuries more perilous for bond investors as the strength of the U.S...

Inside The Strange Fight Over Mark Zuckerberg's Bedroom

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A court battle involving Facebook's founder and a next-door neighbor shows how Silicon Valley’s power elite fends off those seeking to force their way into the club and share the wealth.

HSBC Helped Drug Lords, Fugitives Hide, Report Says

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The private-banking unit of HSBC made significant profits for years handling secret accounts whose holders included drug cartels, arms dealers, tax evaders and fugitive diamond merchants, according...

Ballentine Uses ETFs To Reduce Taxes On Families With $5 Billion

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Ballentine Partners is a wealth management firm with roots in an unusual institution: a summer camp.

Gross Owns Majority Of Janus Fund Through Morgan Stanley, Schwab

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Bill Gross and his family own more than half of the bond fund he runs on behalf of Janus Capital Group Inc.

Arnott Sees ‘Peasants With Pitchforks’ If Profits Get Any Fatter

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Society at large has to enjoy some of the largesse, or else the pitchforks come out, says the CEO and co-founder of Research Affiliates.

BlackRock Hires Robin Hood’s Winshel To Head Impact Investing

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BlackRock Inc., the world’s largest money manager, hired Deborah Winshel to run a new unit dedicated to impact investing.

Paulson Hedge Funds Mostly Rise In January After '14 Losses

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Billionaire John Paulson saw gains in almost all his hedge funds in January with the highest returns in his merger strategy.

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