Sen. Elizabeth Warren's, D-Mass., success in defeating President Barack Obama 's pick for a prominent position in the Treasury Department is symptomatic of Washington's attitude toward would-be wealthy government appointees, Evercore Partners' CEO told CNBC on Friday.
Six hedge fund managers gave their best investment ideas at an exclusive-and private-Morgan Stanley conference. Here are their picks.
Costs to be controlled 'more efficiently'.
Bank of America cut the bonus pool for equities traders and sales staff by as much as 10 percent as the division’s revenue declined last year, said three people with knowledge of the matter.
Jim Murphy and Gordon Brown will pledge that a Labour government would radically extend Scotland’s powers over welfare, following speculation that Brown is to take a prominent role in his party’s general election campaign in the hope of repeating the success of his last-minute intervention in the independence referendum.
James Packer’s Sri Lankan casino was always, in every way, a house of cards.
Vince Cable, the business secretary, is fighting a running battle with the Office for Nation Statistics to block them from continuing to mention a target to cut annual net migration to the tens of thousands by 2015.
Conservative education policy came under fire on several fronts on Sunday as David Cameron prepared to unveil new powers to force thousands more schools he considers are “coasting” to accept new leadership.
Unconventional central bank policies, including quantitative easing (QE) have failed to spur either inflation or growth as fiscal austerity continues to bite, Nouriel Roubini said in an op-ed for Project Syndicate.