Markets


Markets

Financial Elite's Offspring Start Their Own Hedge Funds

Sun, 21 Sep 2014 22:20:28 EDT
The scions of a number of wealthy families, including the sons of prominent Wall Street figures Howard Marks and Ken Moelis, have either recently launched hedge funds or plan to do so soon, according to people familiar with the matter.

G-20 Continues Growth Push

Sun, 21 Sep 2014 22:11:43 EDT
Finance ministers from the world's biggest economies reaffirmed a pledge to sharply boost world growth through more infrastructure spending, amid demands for some participants—especially European countries—to do more.

U.S. Wheat Prices Pushed to Four-Year Low

Sun, 21 Sep 2014 21:16:57 EDT
U.S. wheat prices have slid to the lowest level in more than four years, buffeted by sluggish demand for U.S. supplies amid abundant global stockpiles.