Lower tax rates may not get the economy back on track again. But they may spare investors from a nasty little sell-off at the end of the month.
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By Matthew Goldstein (Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, according to a letter reviewed by Reuters. A pension consultant, in a May 21 letter to clients, said Blackstone has notified Cohen that it intends to
No longer satisfied with hiding in standard-issue tech-company hives, Apple, Facebook, and Google have embraced Architecture with a capital A.
In a world of constantly rising health-care costs, Maryland has long stood alone. Through a novel system that gave regulators unusual leverage to set prices, the state delivered care at a price that grew more slowly than elsewhere in the country — even at some of the nation's most renowned hospitals. Read full article >>
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