Martin Shkreli bail reduction denied in hearing that disclosed high debts and legal fees

A federal judge Monday rejected, for now, Martin Shkreli’s bid to reduce his criminal release bail from $5 million to $2 million during a hearing that exposed his high tax debts, legal fees, and off-beat collectibles. Shkreli’s lawyer Benjamin Brafman also...

Goldman: Investors looking to beat the calmest market in 50 years are doing it wrong

Stock markets are as calm as they’ve been in five decades, causing investors to crowd into funds that aim to minimize volatility. Goldman Sachs is questioning whether that is the right goal in such a calm market. “Fund managers should seek to maximize...