NEW YORK (LPC) - Banks are expecting increased US Collateralized Loan Obligation (CLO) fund issuance after a US court ruled that the funds will shortly be exempt from regulations that require managers to hold some of their deal.
NEW YORK (Reuters) - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc.
BOSTON/NEW YORK (Reuters) - The world's largest asset manager put U.S. gunmakers on notice on Thursday that it is no longer business as usual in the wake of a shooting that killed 17 at a Florida high school.
NEW YORK (Reuters) - A company behind U.S.-based funds tied to Wall Street's "fear gauge" is making changes to its investment strategy after a sudden market plunge this month routed traders betting on the complex instrument.
NEW YORK (Reuters) - U.S. fund investors inched back in to the markets during the most recent week, putting $2.5 billion into bonds and $1.1 billion into stocks, Lipper data showed on Thursday.
CHICAGO - After turning miserly when the Great Recession began nearly 10 years ago, U.S. employers are loosening their purse strings and giving workers more money to boost retirement savings.
CAMBRIDGE, Mass. (Reuters) - Billionaire investor Ray Dalio, who founded world's largest hedge fund Bridgewater Associates, thinks there is a relatively high chance the U.S. economy will stumble into a recession before the next presidential election in 2020.
Wall Street eked out a gain on Friday although it lost earlier ground after several Russians were indicted for interfering in the 2016 presidential election. Fred Katayama reports.
