Rhode Island's embrace of "alternative investments" has generated large Wall Street fees but small returns that have cost taxpayers millions.
Fewer college students are dreaming of getting rich on Wall Street and are instead envisioning jobs in tech and Silicon Valley startups.
State innovation funds are billed as investing in local entrepreneurs, but the funds let politically connected financial firms grab big fees.
The New Jersey governor's pension investment strategy has been a jackpot for financial firms, but it has lost taxpayers big money.
"Both Dollar General and Dollar Tree have some capacity to go a little bit higher with the offer price," said Joseph Feldman, analyst at Telsey Advisory Group.
Gov. Chris Christie promised a firewall between pension investments, politics and his re-election campaign -- but documents show otherwise.
Christ Church filed a lawsuit against JPMorgan after the congregation claimed it lost millions.
Data show that more money left Russian stocks and bonds in mid-July than at any other time in the last six months.
Black shoppers at Barneys New York complained they were accused of credit fraud after they purchased luxury items.
The bank has reportedly agreed to pay about $9 billion in cash and the rest in assistance to struggling homeowners.
The bank has agreed to pay about $9 billion in cash and the rest in assistance to struggling homeowners, said someone familiar with the matter.
In a letter obtained by IBTimes, Rhode Island Treasurer Gina Raimondo justifies pension investment secrecy to protect hedge fund managers.
Microsoft Corporation shares fell over 1 percent on Monday after a report said the Chinese government made a surprise visit to its offices.
The aviation insurance industry is now looking at its largest annual loss since the 9/11 attacks.
Goldman Sachs downgraded its global equities allocation to neutral only in the short term, as the brokerage is still overweight stocks in the longer term.
Argentina default seen as imminent, NML says.
According to a report, the fund is shifting focus to longer-term investments and riskier products to sustain attractive rates of return.
Norway's oil-funded portfolio is the largest sovereign wealth fund in the world.
AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.
More young adults prefer to invest in cash for the long-term than any other age group, according to a new Bankrate.com survey.
M7 Tech Partners will seek to invest in tech startups and burgeoning digital media, with a focus on wearable technology.