The White House accused the UK of a "constant accommodation" of China after the British government decided to join a large China-led financial institution. The FT reports.
Why the rally? Traders were surprised by the strength of the rally Thursday morning, which mostly occurred in the first 20 minutes of trading.
Fewer than 1 in 4 active managers have outperformed over the past 10 years.
Many wealthy investment managers pay about half the tax rate they usually would—and it's unlikely to change soon.
Charter Communications is in talks to buy company Bright House Networks, a source familiar with the matter said.