Breaking News: Markets

Bill Ackman’s IPO of Pershing Square closed-end fund is postponed, NYSE says

Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice…

Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…

Short seller Andrew Left charged with fraud by prosecutors, SEC

Federal prosecutors have criminally charged the well-known short seller Andrew Left with securities fraud related to allegedly using his public…

How to invest in gold — and is it worth it?

Gold has been coveted for thousands of years, with its beauty, versatility and reputation as a safe haven making it…

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government…