The world’s 200 wealthiest people lost $16 billion this week as consumer confidence in June eased from a six-year high. | Photo: Rupert Murdoch lost $1.7 billion in his second divorce, and could lose as much in his third (Michael Buckner/Getty Images)

Leaders of the Group of Eight nations say that the worst has passed for the global economy. | (Photo: Jewel Samad/AFP)

U.S. stocks pare gains amid concern the Federal Reserve may signal it will scale back monetary stimulus at the conclusion of its next policy meeting. |Stocks Pare Advance on Concern Fed May Scale Back Stimuluswww.bloomberg.comU.S. stocks pared gains amid concern the Federal Reserve may signal it will scale back monetary stimulus at the conclusion of its next policy meeting.

Nuclear utilities have ordered 20 reactors shut, the most since Chernobyl’s aftermath, saddling the industry with a possible $26 billion in costs. | (Photo: Timothy Fadek/Bloomberg)

Netflix rose 6% after agreeing to a multiyear deal with DreamWorks to obtain original programming. | Photo: Original programming based on "Shrek" will be part of the deal (Daniel Acker/Bloomberg)

Competition for 250- to 450-seat airliners will dominate this year's Paris Air Show as the Airbus A350 and Boeing 787 set the stage. | (Photo: Balint Porneczi/Bloomberg)

The U.S. Supreme Court threw out an Arizona law that required evidence of citizenship when people register to vote. | (Photo: Don Emmert/AFP)

BREAKING: Arizona's voter proof-of-citizenship law has been voided as unconstitutional by the U.S. Supreme Court.

Hedge funds cut wagers on a gold rally for the first time in three weeks on mounting speculation central banks will curb record stimulus. | (Photo: Scott Eells/Bloomberg)

After an uproar over a lawmaker’s comment about rape victims, House Republicans are preparing exceptions for a bill that would ban abortion after 20 weeks of pregnancy. | Photo: The bill’s sponsor, Rep. Trent Franks, said that “the incidence of rape resulting in pregnancy is very low.” (Brendan Hoffman/Getty Images)

Apple received as many as 5,000 requests for customer information from law enforcement authorities amid widening revelations of the NSA's data collection. | (Photo: Krisztian Bocsi/Bloomberg)

Surging buyer confidence is spilling into seasonal communities from Lake Tahoe in California to the Berkshires in western Massachusetts. | (Photo: Patrick Baz/AFP/Getty Images)

A surgeon at Chicago’s Sacred Heart Hospital cut a hole in a woman's throat for $160,000 in a scheme to defraud Medicare. | (Photo: Brian Jackson/Chicago Sun-Times)

In “Man of Steel,” Superman tries to save the world from powerful villains. His real-life task is no cakewalk either: Turn the studio’s DC Comics into a hit factory like Disney’s Marvel. | (Photo: Clay Enos/Warner Bros. Pictures)

Detroit, on the brink of bankruptcy with $17 billion in liabilities, will suspend payments on $2 billion of unsecured debt. | (Photo: David Guralnick/Detroit News)

Poets and philosophers have debated the value of a good man for ages. Insure.com quantifies it and the number is $23,344. | (Photo: Michael Hitoshi/Getty Images)

Gold traders turned bearish for the first time in a month as investors reduced holdings in exchange-traded products for gold. | (Photo: Carla Gottgens/Bloomberg)

South African President Jacob Zuma yesterday visited Nelson Mandela in a Pretoria hospital, where he’s still in a serious condition for a seventh day. | (Photo: Naashon Zalk/Bloomberg)

The U.S. will provide arms to the Syrian rebellion after saying it confirmed that Bashar al-Assad’s forces have used chemical weapons. | (Photo: AFP/Getty Images)

EXCLUSIVE: Thousands of companies are working closely with national security agencies, providing sensitive information and receiving access to classified intelligence in return. | (Photo: Scott Eells/Bloomberg)

The UN has raised the death toll of Syria's civil war to 93,000 as the White House confirms that President Bashar al-Assad's forces have used chemical weapons against civilians. | (Photo: Ricardo Garcia Vilanova/AFP)

BREAKING: The U.S. says the Syrian regime has used chemical weapons on a "small scale."

For Chris Christie, the Clinton Global Initiative meeting represents the latest in a series of unorthodox political moves that have led some Republicans to complain. | (Photo: Emile Wamsteker/Bloomberg)

Rupert Murdoch, 82, the billionaire chairman of News Corp., filed for divorce from his third wife, Wendi Deng Murdoch, 44, who famously defended him from a pie-hurling assailant. | (Photo: Scott Eells/Bloomberg)

Ben Bernanke has repeatedly said a reduction in bond purchases wouldn’t mean an end to easing. Investors don’t believe him. | (Photo: Andrew Harrer/Bloomberg)

EXCLUSIVE: Bill Clinton agreed to field questions on critical economic concerns from five U.S. civic and business leaders, including three CEOs. | (Photo: Andrew Harrer/Bloomberg)

Colleges are under fire for using amateurish procedures to investigate rapes on campus. In a study of 1,882 college men, 120 admitted committing an average of four rapes or attempted rapes each. | (Photo: Patrick Fallon/Bloomberg)

The Supreme Court restricted the ability of companies to patent human genetic sequences, testing a decades-old practice and raising questions about thousands of patents. | (Photo: Douglas C. Pizac/AP Photo)

Sarah Murnaghan, the 10-year-old whose critical need for new lungs led to a temporary change in U.S. transplant rules, today received a double-lung transplant. |Girl Who Sparked Transplant Policy Change Gets Lungwww.bloomberg.comSarah Murnaghan, the 10-year-old whose critical need for new lungs led to a temporary change in U.S. transplant rules, today received a double-lung transplant.

BREAKING: Retail sales in the U.S. rose the most in three months, showing job gains and lower borrowing costs are encouraging consumers to spend. | (Photo: Victor J. Blue/Bloomberg)

Jobless claims dropped by 12,000 to 334,000, beating estimates of 346,000. |Claims in U.S. Decreased by 12,000 Last Week to 334,000www.bloomberg.comFewer Americans than forecast filed applications for unemployment benefits last week, showing companies are refraining from firing workers even as growth cools this quarter.

Mercedes is rolling out a revamped E-Class as it tries to win back U.S. luxury sales crown from BMW. | (Photo: Daniel Acker/Bloomberg)

In India, 65% of homes are without running water and safe sewage disposal. Scientists suspect that constant exposure to bacteria, virus and contaminants may lead to malnutrition. The best measures to fight hunger in the developing world are being negated by failure to meet basic human needs: clean water and sanitation. |

Sony’s share of Japan’s smartphone market rose to a three-year high, widening its lead over Apple. | (Photo: Michael Nagle/Bloomberg)

Mark Zuckerberg is still facing the wrath of ordinary investors holding stakes now worth a fraction of what they paid. Was the IPO worth it? | (Photo: David Paul Morris/Bloomberg)

China and the U.S. may dominate the headlines when it comes to hacker attacks, but countries in the developing world are the most vulnerable to online assaults. | (Photo: Chris Collins/Corbis)

Dubai’s inflation rate of less than 1% doesn’t capture the surging cost of living in the desert emirate, especially for the expatriates who make up most of its population. | (Photo: Duncan Chard/Bloomberg)

The $14.5 billion investment by the U.S. in the Human Genome Project has paid off more than $966 billion in new jobs, drugs and a rapidly expanding genetics industry. | (Photo: Tomohiro Ohsumi/Bloomberg)

With the Justice Department working on possible charges, Edward Snowden says he will fight extradition from Hong Kong. Should he face prosecution for revealing the NSA's surveillance program? | (Photo: The Guardian)

India has carried out 37% of the world’s female sterilizations, most of them on poor women coerced into the procedure. | (Photo: Andrew MacAskill/Bloomberg)

Sales of George Orwell’s novel “1984” jumped over 4,900% on Amazon following reports of a classified program that lets the U.S. government collect personal data. | (Photo: CBS Photo Archive)