Mount Kellett Capital Management LP, a $5 billion investment firm co-founded by former Goldman Sachs star Mark McGoldrick, is calling on a friend for help.
Federal Reserve Chairwoman Janet Yellen said the central bank is on track to raise interest rates this year but will likely proceed cautiously.
The looming prospect that Athens won’t be able to meet IMF debts due in mid-June is spurring dire scenarios—but little progress at the table.
“Losing the Signal” tells the inside story of Research In Motion’s efforts to take on the iPhone. Read an excerpt.
The Senate passed major trade legislation, 62-37, that would pave the way for President Barack Obama’s signature Pacific trade deal, sending the bill toward an uncertain fate in the House.
Items of interest to investors.
The future of the most expensive fossil-fuel power plant built in the U.S. is facing new pressures after a Mississippi utility backed out of its commitment to help pay for the clean-coal project.
House prices are rising and bidding wars are breaking out in many markets. Here’s how to get what you want without overpaying.