Business
The coal sector is clearly in a depression, which has been caused by a variety of reasons, mainly the federal government’s warning on all...
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Business
The Blackstone Group bought a stake in troubled mortgage insurer PMI, apparently continuing its strategy to bet on companies for which prices plunged following...
Business
The Internet has greatly changed the way we do business, which has prompted several companies to add online platforms to their operations. However,...
Business
The new entity, Strategic Credit Partners, will have a target size of $500 million and will provide senior secured financing to companies in a...
Business
Forget about higher interest rates. To starve off an economic collapse, the Federal Reserve may have to resort to another round of quantitative easing....
Business
Larry Summers has an article in the FT that warns the Fed would make a mistake if it goes ahead with its intention...
Business
The S&P 500 closed down 3.9 percent today, which is not great. But there seems to be a lot of very cheery news coverage of it?...
Business
Hedge fund manager Richard Perry ( Trades , Portfolio ) co-founded Perry Capital LLC more than a quarter of a century ago. His first...
Business
I always advise investors to follow the smart money, and two people high on the list are Stanley Druckenmiller and Warren Buffett. Second-quarter...
Money
Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar...