In the middle of earnings season, investors are becoming less concerned about earnings growth.
The yen fell versus 15 of its 16 major peers after a report showed Japan’s trade deficit widened more than forecast last month.
Hedge funds lowered bullish bets on gold for a fourth week, the longest streak this year.
Gold retreated to the lowest level in more than two weeks as a technical indicator used by some traders and analysts signaled further declines. Silver, platinum and palladium fell.
Speculators’ decision to raise bullish bets on U.S. natural gas was rewarded with a rally to the highest price since February.
The chairman of a company that helps manage the Plaza Hotel in New York pleaded guilty to a scheme to raise illegal campaign contributions for political candidates using straw donors.
Kenneth Lee and Michael Yoshino, former Soros Fund Management LLC Asia specialists, plan to start their own hedge fund investing in Asian equities with the backing of Hong Kong’s HS Group Ltd. in the third quarter.
Brent oil declined a second day on speculation that price gains last week on tension between Ukraine and Russia were excessive. West Texas Intermediate fell.
The world’s growing love of chocolate means more expensive treats for the Easter holiday.
The wealth effect isn’t what it once was for the U.S. economy.
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