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.
NEW YORK (AP) - Stocks are moving lower in midday trading following two days of gains that brought the market close to a record high.
LOS ANGELES - Walt Disney Co. reported second-quarter profit that beat analysts' estimates, bolstered by improving results at its theme-park and merchandise units in a period that lacked a major movie blockbuster.
Two surveys of businesses outside of manufacturing indicate output growth and employment strengthened at the start of the second quarter, suggesting the U.S.
(Reuters) - U.S. stocks were lower in morning trading on Tuesday after the U.S. trade deficit surged in March, suggesting that economic growth contracted in the first quarter and negating the boost to energy stocks from the highest oil prices this year.