U.S. markets closed for holiday * Focus turns to Fed Chair Powell's testimony to Congress * Silver, platinum down (Recasts, adds comments, updates prices) By Arundhati Sarkar June 19 (Reuters) - Gold

A new China-focused hedge fund, led by a former Hillhouse Capital Management fund manager, has raised between $100 million and $150 million, marking one of the strongest launches for a China-focused

Australian investment bank Macquarie Group could be the front-runner to buy an up to 50% stake in electricity and gas supplier EnergyAustralia, the Australian Financial Review reported on Monday

SPVM's investment strategy is value-centered, with a momentum filter added. It does not target quality names intentionally, but since the S&P 500 is the selection universe, high-profitability

Evercore analysts say don't get too worked up about the Fed meeting because momentum continues to drive this stock market. And here's what might stop that.

Cava will sell 14.44 million shares of its common stock at $22 per share, the company said late Wednesday, up from its prior range of between $19 and $20 per share and the initial range of between

While you can start withdrawing from your 401(k) in your 50s, you'll have to wait until you're in your early 60s to receive Social Security benefits.

North America's top finance executives have dialed down their 12-month outlooks and overwhelmingly cite economic or financial market risks as their top concern, Deloitte found.