U.S. stocks fell, with the Standard & Poor’s 500 Index halting a four-day winning streak, after the Federal Reserve fueled bets it will begin to cut stimulus even as it maintained the pace of monthly bond buying as expected.
U.S. stocks fell, after the Standard & Poor’s 500 Index rose to a third straight record, as investors assessed economic data and earnings before the Federal Reserve’s decision on whether to cut monetary stimulus.
The U.S. Securities and Exchange Commission and other government agencies are conducting a broad probe of “potential security and financial risks” in a foreign visa program used to promote job growth, according to a letter sent to the Senate yesterday.
Louis Moore Bacon told investors it’s too hard to make money with macro hedge funds as government intervention and declining trading volumes limit the ability of managers to make large bets. He should consider the $7 trillion U.S. mortgage bond market.
It was an epic “whodunit” in the publishing world. Who was the enigmatic tweeter who led to the disclosure that J.K. Rowling, the author of the Harry Potter series, had penned the pseudonymous mystery novel “The Cuckoo’s Calling”?
Tanzanians held a peaceful election that will probably hand President Jakaya Kikwete a second and final five-year term to implement policies aimed at strengthening East Africa’s second-biggest economy.