U.S. President Barack Obama imposed financial sanctions on these billionaire associates and top aides of President Vladimir Putin as he increased pressure on Russia.
U.S. taxpayers claimed 60.4 percent more in capital gains in 2012 than 2011, locking in lower tax rates before the 2013 tax increase took effect, according to IRS data.
While Janet Yellen’s timetable for higher interest rates sent markets reeling, investors may have missed an important caveat: it depends on rising inflation.
Gabriel Plotkin, one of SAC Capital Advisors LP’s top money managers, plans to to start his own hedge-fund firm with the backing of his boss, billionaire Steven A. Cohen.
