Gold prices will likely average $1,925 an ounce in the fourth quarter of 2013.
Vice President Joe Biden is expected to launch an attack against Republicans regarding Social Security while visiting Florida on Friday.
The Occupy Wall Street protest movement is expected to resume Monday, on the 1-year anniversary of the protests. Is the coalition passé and irrelevant? Or is it a canary in a coalmine - an indicator of worsening economic and social problems in the United States?
Gold prices are set for a 12th consecutive year of gains despite posting the largest quarterly drop since 2008 in the second quarter, a view likely shared by the World Gold Council, and billionaire investors George Soros and John Paulson.
Thursday frees holders of as many as 271 million shares of Facebook (Nasdaq: FB), the No. 1 social networking site, to sell them for the first time since the first-day trading fiasco on May 18, when shares that had been priced at $38 first traded at $42.05, then didn’t trade for 30 minutes and closed at $38.23.
JPMorgan Chase & Co. (NYSE: JPM)'s multibillion-dollar "London Whale" trading mess sent some well-known money managers running for the exit, but new regulatory filings show that several big hedge-fund players loaded up on JPMorgan as they saw the stock's 22 percent drop in the second quarter as a buying opportunity.
Soros announced the engagement at his 82nd birthday party held at the octogenarian's summer home in Southampton, N.Y., a person familiar with the investor said.
Legendary investor and billionaire George Soros announced that he is engaged and all set to marry his girlfriend of last four years, Tamiko Bolton, during his 82nd birthday celebration on August 11.
Disappointed by the lack of aggressive action by the U.S. Federal Reserve during the meeting of its powerful rate-setting committee last week, and expecting little more than rehashed promises from the leaders of Europe this week, pessimistic market-watchers are turning to once again guessing when the clock atop the Eurozone time-bomb will finally run to 0.
At stake, according to analysts, is nothing less than the future of the euro and possibly of the European Union itself, with markets and global leaders demanding tangible solutions to Europe's rapidly degenerating debt crisis.
Multibillionaire financier George Soros, who is quickly becoming an éminence grise on the topic of the euro zone financial crisis, said in a televised interview Monday that the leaders of Europe had three days to resolve their disagreements on the appropriate way to move forward in anticipation of a summit Thursday.
Markets reacted positively to the Spanish banking sector bailout for about two hours before the sobering reality of the situation set in.
After George Soros, the influential hedge fund manager, posted a speech he gave at an economics conference in Italy last week, the financial blogosphere lit up. It got lots of praise as the best analysis yet of the ongoing fiscal debacle in Europe. But at over 4,400 words, it's definitely not for the ADD-challenged. Which is why we've turned it into a handy illustrated video.
After George Soros, the influential hedge fund manager, posted a speech he gave at an economics conference in Italy last week, the financial blogosphere lit up. It got lots of praise as the best analysis yet of the ongoing fiscal debacle in Europe. But at over 4,400 words, it's definitely not for the ADD-challenged. Which is why we've turned it into a handy illustrated video.
The euro has one advocate: billionaire investor George Soros, who said in a speech that he expects the currency to survive with the aid of Germany.
Speaking at a conference in Italy over the weekend, Soros said: The Greek crisis is liable to come to a climax in the fall.
Brett Kimberlin, also known as the Speedway Bomber, is the infamous male who set an Indiana town ablaze with a series of coordinated bombings in 1978. The man behind the madness was also convicted of thirty three additional crimes, including illegal use of a Department of Defense insignia, and the Presidential Seal, both of which were used to procure the hard-to-come-by explosives used in the bombings.
U.S. investors bought shares of industrials, airlines, gold mining companies and agricultural assets Wednesday as robust economic data offset fears stoked by the likelihood of Greece leaving the euro zone.
Deutsche Bank is as German as lederhosen, sauerkraut, beer and the Autobahn.
The billionaire investor George Soros is planning to pour $2 million to two groups supporting Democratic causes, the latest signal that an anticipated deluge of general election spending is underway.
Legendary natural gas trader John Arnold is closing down his flagship Centaurus fund, a source said on Wednesday, as the former Enron wunderkind struggled to maintain outsized returns with prices near 10-year lows and regulations tightening.
Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies.