Before you shed a tear for the poor masters of the universe, consider this: The top 25 hedge fund managers made a combined $11.6 billion last year, according to an annual ranking by Institutional Investor's Alpha.
Want more news? Sign up for free newsletters to get more of the Statesman delivered to your inbox. NEW YORK - The U.S. stock market sank Tuesday, taking a break after a two-day run.
European stocks oscillated between substantial gains and sharp losses Tuesday, as investors struggled to make sense of a recent abrupt shakeout in debt and equity markets.
It may have lacked a blockbuster to compare with Frozen but Walt Disney's quarterly profits still sailed past analyst estimates thanks to gains at its theme parks and consumer products division.
Two surveys of businesses outside of manufacturing indicate output growth and employment strengthened at the start of the second quarter, suggesting the U.S.