Stan Druckenmiller, one of the best performing hedge-fund managers of the past three decades, has a warning for the youth of America: Don’t let your grandparents steal your money.
Consumer spending in the U.S. rose in January even as incomes dropped by the most in 20 years, showing households were weathering the payroll-tax increase by socking away less money in the bank.
Treasuries rose for a second day, with 10-year yields headed for the biggest weekly drop since September, as $85 billion of spending cuts that threatened to slow the world’s largest economy were...
Federal Reserve Governor Sarah Bloom Raskin said banks must monitor their risks, as Americans’ anger at them hasn’t diminished over government bailouts and foreclosures.
Major food businesses including Kellogg Co. received failing grades in an Oxfam International report on how they support sustainability and human rights, including the treatment of women.
Warren Buffett, who has shunned dividends in the past, may outline an approach making it easier for his Berkshire Hathaway successors to pay out if necessary.
CommonWealth REIT priced 30 million shares for $19 each amid objections from investors Keith Meister and Related Cos., who sued to stop the sale and proposed to buy the company for $27 a share.
McGraw-Hill faces its biggest challenge since the American Express takeover attempt as the Justice Department alleges S&P inflated grades on mortgage-backed securities, helping trigger the financial...
