George Soros

J.C. Penney woes may persist as Best Buy rebounds

2013-05-10 17:47:00

For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...

Rich liberal donors throw weight behind Obama agenda

2013-05-04 00:00:00

WASHINGTON — An influential network of some of the country's wealthiest liberal political donors is steering resources to an advocacy group backing President Obama's agenda and to organizations working to pass immigration reform, providing a surge...

George Soros takes 7.9% stake in J.C. Penney, stock soars

2013-04-25 13:59:00

Billionaire financier George Soros seems to be showing faith in J.C. Penney’s chances at a turnaround, taking a 7.9% stake in the struggling retailer. The hedge fund titan bought nearly 17.4 million shares through his Soros Fund Management,...

Stocks stall on tepid economic growth

2013-04-26 13:57:18

The stock market stalled Friday after the U.S. economy didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors. The economy grew at a 2.5 percent annual rate in the first three months of the year, the...

Gold glitters less brightly, falling below $1,600

2013-02-15 11:41:00

Gold still glitters, but a bit less brightly as it fell below $1,600 on Friday for the first time in six months. In one of the contrarian ways of the financial markets, gold has weakened as evidence has mounted that the global economy is recovering....

Unmasking the most influential billionaire in U.S. politics

2012-10-02 17:43:00

Who's the most influential billionaire business figure in national politics? If you answered one of the Koch brothers (Charles or David) or George Soros, you're wearing your partisan blinders. The former are known for their devotion to conservative...

George Soros, 82, pops the question in May-December match

2012-08-13 08:58:00

Jennifer Aniston and her actor boyfriend Justin Theroux may have just gotten engaged, but the wedding bells we really want to know about are the ones for billionaire financier George Soros. The scene: The Hamptons. The ring: A diamond in a rose-gold...

G7 will 'monitor' Eurozone situation; Spain issues plea for help

2012-06-05 11:00:00

Finance ministers and central bank governors from the world’s major economies convened on an emergency conference call Tuesday to discuss the situation in Greece and Spain — and seemed to come away without much to say. The Group of Seven...

Spain heads for a likely bailout; Obama talks solutions

2012-06-08 10:03:00

Spanish officials are likely to follow those in Greece, Portugal and Ireland in asking for an international bailout when they participate in a conference call with representatives of fellow Eurozone countries Saturday, according to news reports. But...

Merkel says Germany isn't Europe's sole savior

2012-06-14 10:30:00

Chancellor Angela Merkel says her country is a lot of things, including “the economic engine and … the anchor of stability in Europe.” But what Germany is not, she said, is Superman, sweeping in with euro zone deposit guarantees and...

Spain formally requests aid for banks; Wall Street slides

2012-06-25 08:39:00

Spain made a formal request on Monday asking fellow Eurozone countries to help with its crumbling banks -- a financial aid package that could be worth up to 100 billion euros, or about $125 billion. “Restructuring the banking sector is key to...

Top hedge fund managers made $14.4 billion in 2011: a 35% pay cut

2012-03-30 09:19:00

Ray Dalio of Bridgewater Associates took home $3.9 billion last year. Fellow investment kings Carl Icahn and James Simons each made off with more than $2 billion. To the average plebeian, that’s a lot of money. But for the top 25 hedge fund earners...

Billionaire financier George Soros, 82, recently popped the question to businesswoman Tamiko Bolton, 40. The philanthropist and liberal political donor is known for making $1 billion off his investments during a British currency crisis in 1992.

2012-08-13 10:37:18

George Soros and Tamiko Bolton, who recently became engaged

2012-08-13 09:04:00

Financier George Soros mused on how to save Europe in a much-discussed speech this weekend.

2012-06-04 11:34:00