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FINANCE
Today's Business Headlines
BOSTON (Reuters) - Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to...

BOSTON (Reuters) - Billionaire hedge fund manager John Paulson, one of the world's most influential gold investors, said on Friday that the metal is now at an appropriate price level, following last...

(Reuters) - State public pension funds love buying shares in local companies, but it is not so much a matter of “buying what you know” as “buying shares of companies with political clout.”

(Reuters) - The founders of Vermillion Asset Management have left the firm after an exodus of investor cash left just $50 million in assets at its flagship fund, a person familiar with the matter...

NEW YORK (Reuters) - Investors worldwide pulled $1.2 billion out of precious metals funds in the week ended July 29 on expectations for higher U.S. interest rates and weakness in Chinese shares, data...

(Reuters) - Many wealthy people struggle to talk to their children about how much money they have. What if they divulge too much and the kids blab about it on social media? What if they share too...

(Reuters) - U.S. fund managers raised bond exposure in their model global portfolios and cut their recommended cash allocations to a 14-month low in July, despite the likelihood of a U.S. interest...

LONDON (Reuters) - U.S. equities' share in global portfolios fell to the lowest in at least five years and U.S. bond allocations were also cut as nervous investors started readying themselves for the...

NEW YORK (Reuters) - Risk aversion was on display this week as investors pulled billions of dollars from U.S.-based high-yield "junk" bond funds, U.S.-based stock mutual funds and ETFs and U.S-based...

(Reuters) - Two southern Californians were criminally charged over their alleged roles in a conspiracy to steal 94,000 credit and debit card numbers from Michaels Companies Inc customers, in a...