Investors, brokers and analysts believe the current bond-rating system should be reformed.
Janet Yellen predicts unstable housing and higher commodity prices will hamper recovery before 2009.
London-based hedge fund taps emerging markets expert to run a $1.2 billion special situations fund.
The Alternative Investment Management Association is preparing the first-ever practice standards for funds of hedge funds.
Americans reacted to soaring gasoline and food prices and the worst stock market since the Great Depression.
Hedge fund fugitive Samuel Israel today told a judge that he unsuccessfully tried to overdose on drugs.
Smart advisers don’t rely on a client’s memory about beneficiary designations; they ask to see paperwork.
The European Central Bank raised its benchmark interest rate a quarter point to 4.25% to combat fears about inflation.
The decrease in non-farm payrolls follows a decline of 49,000 jobs last month.
Former chief executive Martin Sullivan's package includes equity and cash awards valued around $28 million.