Gold climbed the most in three weeks in London as a weaker dollar may accelerate demand for the metal as an alternative asset.
Bipartisan support is growing in the U.S. Congress for new rules banning insider trading by lawmakers amid concerns about waning trust among the public.
New restrictions on insider-trading by U.S. lawmakers are needed to help lift waning public trust in Congress.
Neuberger Berman Group has put research analyst Fayad Abbasi on paid leave as it looks into insider-trading
U.S. Senate Democrats are proposing to use a 3.25 percent surtax on income over $1 million to pay for extending and expanding a payroll tax cut, setting up a test vote as early as this week.
Barton Biggs, the hedge fund manager who bought stocks when the market bottomed in 2009, cut bullish bets on equities, amid concern that the odds of a U.S. recession have increased.
Bank of America Corp. “has a wonderful underlying business" but has "lots of problems,” said Warren Buffett, whose Berkshire Hathaway Inc. invested $5 billion in the troubled company.
Fidelity Investments has replaced the manager of its $3.1 billion Fidelity Small Cap Stock Fund, which has declined 15.7% this year.
MetLife Inc., the biggest U.S. life insurer, was removed from Citigroup Inc.'s list of top stock picks as new Chief Executive Officer Steven Kandarian reshuffles management and plans his strategy.
U.S. Representative Barney Frank urged members of the congressional committee charged with reducing the U.S. budget deficit to impose a risk-based fee on large banks with over $50 billion in assets and hedge funds with over $10 billion.
