(Adds Pimco Total Return Fund's peak in assets, Bernanke appointment). By Jennifer Ablan. May 4 (Reuters) - The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world's biggest bond mutual fund, following two years of withdrawals.
NEW YORK -- Wall Street ended higher Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
Federal Reserve Chair Janet Yellen said on Monday that the U.S. Department of Justice has joined the investigation into a leak of confidential monetary-policy information in 2012.
The U.S. Commerce Department said today that orders for manufactured goods spiked in March, RTTNews reported. Factory orders increased 2.1 percent in March following a revised 0.1 percent decrease in February.
The Supreme Court announced Monday that it will review whether a federal agency may require electric market operators to compensate customers who lower their consumption of electricity during peak demand hours.