Bruce Berkowitz, Kenneth Heebner and Bill Miller, three of the best-known U.S. stock pickers, are competing for last place this year after their bets on an economic expansion backfired.
Profits at American companies are poised to be one of the few bright spots in the U.S., helping to steady the faltering recovery.
The top 0.1 percent of U.S. taxpayers would save an average of $1...
Goldman Sachs Group Inc. is unlikely to face charges from investigations into the firm's mortgage practices before the financial crisis, according to Richard X...
The former president showed his well-known sense of humor and his less well-known sense of perspective at the Pershing annual Insite conference.
The U.S. economy is likely to experience no inflation over the next 12 months, according to BNY Mellon's chief economist Richard Hoey.
Former President George W...
Barton Biggs, the hedge-fund manager who bought stocks when the market bottomed in March 2009, talks about investments he thinks are "incredibly attractive" and those that aren't.
"There's no way to justify paying cash to people for not being sick," says New Jersey's Governor Chris Christie...
Job openings in the U.S. decreased in April for the first time in three months, showing companies started to lose confidence in the expansion's durability even before hiring slumped in May.
Austan Goolsbee, President Barack Obama's chief economist, is resigning from the administration and returning to the University of Chicago, the White House announced yesterday.
The Federal Reserve's quantitative easing policy failed to meet the "ultimate objective" of boosting employment and economic growth, said Pimco CEO Mohamed El-Erian.
Bank of America Corp., Citigroup and Wells Fargo may be downgraded by Moody's Investors Service as the rating firm reviews whether the government will limit its support of the largest financial...
Stocks would suffer after an initial jump should the Federal Reserve decide to extend economic stimulus beyond the June expiration of its current quantitative easing program, Oppenheimer's chief...
Goldman Sachs Group Inc. won't face criminal prosecution related to sales of mortgage-linked securities because such a move could threaten the U.S. financial system, says an analyst.
For all the attention given to almost $4-a-gallon gas, the biggest threat to containing U.S...
Home prices in 20 U.S. cities dropped in March to the lowest level since 2003, showing housing remains mired in a slump almost two years into the economic recovery.
Mark Mobius, executive chairman of Templeton Asset Management's emerging markets group, said another financial crisis is inevitable because the causes of the previous one haven't been resolved.
Consumer spending in the U.S. climbed less than forecast in April as food and fuel prices rose, a sign that faster income gains are necessary to boost the biggest part of the economy.