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U.S. hedge fund manager gets deferred prosecution deal

By Dan Levine – Tue Mar 1 SAN FRANCISCO (Reuters) – A Northern California hedge fund manager faces one count of wire fraud for improperly diverting more than $12 million, but that charge will be dismissed after three years provided he fulfills an agreement with U.S. prosecutors, according to a court filing. […]

How Your Credit Score Affects Your Mortgage

By DR When my wife and I bought our first home (circa 1993), we had no idea what our FICO score was. Back in the day, you couldn’t simply fire up the computer and check your score. In fact, we applied for ourmortgage over the phone, not over the Internet. […]

Sustained high oil prices’ll hit growth – IMF

  By Agency Reporter The head of the International Monetary Fund has warned that global economic growth may suffer if the price of oil stays at its current high level for an extended period. Oil prices jumped towards $120 a barrel last week for the first time since 2008, as […]