Reuters News

Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price.

Amy Li began her journalism career as a crime news reporter in Queens, New York, in 2004.

Gold fell, touching a 1-month low and closing down for a seventh straight session as the dollar hit its highest levels since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy.

Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation.

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Job seekers stand in line to meet with prospective employers at a career fair in New York City, October 24, 2012.

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Canada's right-wing Prime Minister Stephen Harper was in New York on Thursday championing tar sands and the Keystone XL pipeline, saying "global emissions" from the crude are "almost nothing" and that the flow of tar sands from Canada's Mordor into the U.S. is an absolute certainty.

A Bloomberg terminal displays news while traders work on the floor of the New York Stock Exchange A Bloomberg terminal displays news while traders work on the floor of the New York Stock Exchange U.S. stock index futures rose on Friday, indicating the S&P 500 will rebound from its worst decline in nearly three weeks, keeping the index on track for ... (more)

** U.S.-insurer New York Life is in exclusive negotiations with Yuanta Financial to sell its Taiwan assets, two sources with close knowledge of the deal told Reuters on Friday.

Citigroup will move its traders, many of whom are based in London or New York, on to an internal platform by the end of the month.. Citigroup will move its traders, many of whom are based in London or New York, on to an internal platform by the end of the month.. Citigroup is banning traders in its foreign exchange division from accessing internal ... (more)

The worldwide mobile phone sales totaled nearly 426 million units in the first quarter of 2013, a slight increase of 0.7 per cent from the same period last year, according to Gartner, Inc.

Being under stress at work is tied to a higher risk of heart problems, new research confirms - but putting down the beer bottle and going for a walk may help.

Authorities warned the death toll could rise from the storms, which struck from early evening to around dusk, flattening homes and uprooting trees across at least four counties near the Dallas-Fort Worth area.

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A woman walks out of the Internal Revenue Service building in New York in this May 13, 2013 photo.

A customer shops along the fruits department in a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 2, 2011.

Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year.

Amy Li began her journalism career as a crime news reporter in Queens, New York, in 2004.