This fund made an 800% return on Argentina debt
A group of four hedge funds settled with Argentina over a 15-year debt dispute and they're poised to make a huge profit.
View ArticleThe retirement crisis facing Hispanics
According to data from the Economic Policy Institute, only 26% of Hispanic families had savings in a retirement plan like a 401(k) or IRA, in 2013. Meanwhile, 65% of white families and 41% of black...
View ArticleU.S. entrepreneur says Trump's China tariffs are a bad idea
One U.S. businessman says Donald Trump's idea to slap tariffs on Chinese goods wouldn't help the American consumer one bit.
View ArticleSome (smaller) UK companies really hate Europe
More than 200 small businesses have signed an open letter calling for Britain to leave the European Union.
View ArticleBrazil recession: 'I've never seen anything like this'
Read full story for latest details.
View ArticleWhy Zimbabwe shut down its diamond mines
Zimbabwe is taking over its diamond mines, citing lapsed licenses and the operators' refusal to work with a new government-run corporation.
View ArticleHow Donald Trump could cause a recession
If Trump is able to do what he says on immigration and trade with China, it could be a big hit to the economy.
View ArticleNow is a good time to book that European vacation
American travelers are likely to save money on their European vacations in the coming months.
View ArticleBorders could cost Europe $20 billion a year
EU officials have estimated the immediate impact of restoring national borders across Europe.
View ArticleChina sets growth target range of 6.5% to 7% for 2016
China has set an economic growth target range of 6.5% to 7% for this year as the central government struggles to manage a slowdown in the world's second-largest economy.
View ArticleThe CIA is hiring... a $100,000 librarian
The U.S. Central Intelligence Agency is hiring for a librarian. Pay is excellent and there's potential for 'forward deployment.'
View ArticleFlint, Michigan: A hollow frame of a once affluent city
Democratic presidential candidates Bernie Sanders and Hillary Clinton face off at the CNN debate Sunday in Flint, an economy that's been battered for decades.
View ArticleTrump's health care plan: What he promises and what it really says
On the campaign trail, Donald Trump proudly said he supports health care policies that Republicans don't usually embrace. But the seven-point health care plan he released Wednesday looks like it was...
View ArticleChina taps into foreign currency reserves at a slower pace
China is still tapping into its foreign exchange stockpile to fend off pressure on its currency, but the pace has slowed significantly.
View ArticleLow costs, lower profit: Africa's Fastjet is in trouble
Shares in Fastjet, a low-cost African carrier, dropped more than 35% Monday after a second profit warning in just three months.
View ArticleEconomists warn of risks from negative interest rates
Read full story for latest details.
View ArticleBusiness leaders in the Middle East are laughing off Trump ... for now
Some executives expect Donald Trump will moderate his views, others that the U.S. system will rein him in.
View ArticleIncredible: Iron ore prices spike by a record 17%
Iron ore prices spike by a record 17% to nine-month highs amid more confidence about China's economy.
View ArticleAmerica's B+ economy: Is this as good as it gets?
Most experts say America has a solid B or B+ economy: Good but not great. And it might not get any better with so many Baby Boomers retiring.
View ArticleTop Fed official shows confidence in U.S. economy
Federal Reserve's No. 2, Stanley Fischer, noted that inflation could be moving towards the Fed's 2% target.
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