Turmoil sparked by the sudden exit of Bill Gross last September has cost the Pimco Total Return Fund its title as the world's largest bond mutual fund, after another month of withdrawals in April.
Federal Reserve Chair Janet Yellen said the U.S. Department of Justice has joined an investigation into a leak of confidential monetary-policy information in 2012.
(Reuters) - Wall Street ended higher on 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.
WASHINGTON - Orders to United States factories rose in March for the first time since July, breaking a long stretch of weakness. Orders increased 2.1 percent after seven monthly declines, the Commerce Department reported Monday.
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.