Economy & Finance

Murdoch aims to defy naysayers with new News Corp

Published 29/05/2013

(Reuters) - Rupert Murdoch tried to convince Wall Street on Tuesday that there is still money to be made in newspapers, reminding investors that he [more…]

Home prices accelerate by most in seven years

Published 29/05/2013

NEW YORK (Reuters) - Home prices accelerated by the most in nearly seven years in March as the spring buying season gave the sector traction, [more…]

Another investor to pull money from SAC as probe continues

Published 28/05/2013

NEW YORK (Reuters) - Ironwood Capital Management plans to pull about $100 million from embattled hedge fund SAC Capital Advisors, adding to the list of [more…]

Ex-Morgan Stanley banker to join JPMorgan’s commercial group

Published 28/05/2013

(Reuters) - JPMorgan Chase & Co said on Tuesday it had hired Travis Machen to head its financial institutions group within commercial banking. Machen was [more…]

Analysis: German economy to pick up but fall short of traditional pace

Published 24/05/2013

BERLIN (Reuters) - Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years [more…]

Fed’s Bullard wants inflation pickup before tapering QE

Fed’s Bullard wants inflation pickup before tapering QE

Published 24/05/2013

LONDON (Reuters) - A top Federal Reserve official said on Friday U.S. inflation would have to pick up before he voted to scale back monetary [more…]

Proxy advisory firm settles SEC charges over data breach

Published 23/05/2013

WASHINGTON (Reuters) - Institutional Shareholder Services has settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting [more…]

Column: Revenge of the markets – James Saft

Published 23/05/2013

(Reuters) - For months, markets have been dancing to central bankers' tune, but that may now be changing. It must have been fun to be [more…]

Column: Hallelujahs ring after IRS reverses church pension rule

Published 23/05/2013

CHICAGO (Reuters) - The Internal Revenue Service may be having a bad week, but Mary Rich isn't complaining about the taxman. The former nurse and [more…]

U.S. prosecutors sought testimony from top SAC executives: WSJ

Published 23/05/2013

NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street [more…]