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By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
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By Debarati Roy, Bloomberg |
May 16, 2013
Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month.
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By Joe Richter and Debarati Roy, Bloomberg |
May 14, 2013
Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.
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By Elizabeth Campbell, Bloomberg |
May 13, 2013
Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc., the world’s biggest money manager, said it’s still bullish.
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By Shobhana Chandra, Bloomberg |
May 13, 2013
Retail sales in the U.S. unexpectedly rose in April reflecting broad-based gains that may ease concern consumers are holding back.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Shobhana Chandra, Bloomberg |
May 8, 2013
Four years into an expansion, the productivity of American workers has slowed and some economists say there are few signs it will soon rebound.
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By Debarati Roy, Bloomberg |
May 6, 2013
Hedge funds increased positions on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just as analysts and traders turned the most bearish in three years.
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By Charles Skorina |
May 6, 2013
Public universities endowment funds when compared to private Ivy league schools show some surprises: both good and bad.
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By Moming Zhou, Bloomberg |
May 2, 2013
West Texas Intermediate crude gained the most in almost six months as the number of Americans filing applications for unemployment benefits slipped and the European Central Bank reduced interest rates to a record low.
