Lifestyle and Budget

Paulson Said to Be Mysterious Steinway Bidder

Hedge-fund titan John Paulson is reportedly the mysterious bidder that topped a bid for the famed piano maker from Kohlberg, which has officially backed out of the bidding war.

U.S. Consumer Credit Picks Up in June

Americans took on consumer debt at a faster pace in June, suggesting a firming labor market and low gas prices may finally be prying open consumers' wallets.