The gap between the rich and the rest makes for short recoveries The public discussion about the widening gap between rich and poor hasn’t been this loud since the Great Depression. Warren Buffett has condemned the disparity, Occupy Wall Street has inveighed against it, President Barack Obama cites it to […]

Europe’s debt crisis continued expanding on Thursday when Spain paid record interest rates and was unable to raise as much money as it had hoped in a bond auction. The combination raised fears of what officials consider a doomsday scenario: a situation in which even governments that seemingly do the […]

NEW YORK (Reuters) – Former FrontPoint Partners hedge fund manager Dr. Joseph “Chip” Skowron was sentenced to five years in prison on Friday for his role in an insider trading scheme. Skowron, one of the most prominent investors to become embroiled in a sweeping U.S. crackdown on insider trading at […]