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.
Greek stocks fell nearly 4 percent on Tuesday and 10-year debt yields remained above 11 percent, following disputed reports that the International Monetary Fund (IMF) had suggested Greece needed further debt relief from its creditors.
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.
Economic activity in the nation's service sector increased in April, according to two reports released on Tuesday. The non-manufacturing sector grew in April for the 63rd consecutive month, hitting its highest level since November, based on the Institute for ...