By Rajesh Kumar Singh and Aditi Shah NEW DELHI (Reuters) - Narendra Modi thundered to victory on Friday in India's election, trouncing the ruling Nehru-Gandhi dynasty in ..
Welcome to another edition of The Excess Files, where every week we bring you the latest news about the lives of the rich...and the super-rich. In focus this week: CEO-to-work ..
Michael Steinberg, a portfolio manager at Steven A. Cohen's SAC Capital Advisors hedge fund, was sentenced on Friday to 3-1/2 years in prison for insider trading. The sen ..
Shares of big banks have come under heavy selling in recent months, amid concerns over housing, sinking bond yields and regulatory pressure. Can the broad market hold up with ..
U.S. inflation should pick up in the near future and approach the Federal Reserve's 2 percent target, St. Louis Federal Reserve President James Bullard said on Friday. He ..
A $2.1 billion sale of Red Lobster and better-than-expected results from Penney fuel ticker searches on Yahoo Finance today. ..
Red Lobster, it seems, is about to be somebody else's problem. ..
U.S. housing starts jumped in April and building permits hit their highest level in nearly six years, offering hope the troubled housing market could be stabilizing. Groundbre ..
Howard Davidowitz says J.C. Penney "has no future," but Jeff Macke says "just returning to mediocrity" is a victory for the retailer. Either way, short sel ..
Premature withdrawals from retirement accounts have become America's new piggy bank, cracked open in record amounts during lean times by people like Cindy Cromie, who nee ..