Is the stock-market meltdown due to the unwind of this popular hedge-fund trade?
One popular hedge-fund strategy continued to unravel on Monday as global stocks slumped, prompting some on Wall Street to speculate that the two trades might...
Mortgage rates plunge to lowest level in over a year amid recession fears. Is now a good time to buy a house?
Mortgage rates are falling, but with fears of a recession mounting, is it a good time to buy a house? Not necessarily, one expert says.
Hey, Jerome Powell: Please don’t cut interest rates
The Fed isn’t supposed to care that your stock investments are tanking.
Lucid gets $1.5 billion lifeline from Saudi Arabia
EV maker gets $1.5 billion from Saudi Arabia’s sovereign wealth fund, and says it has enough money to last it through 2025.
ZoomInfo stock falls after forecast cut, and changes to CFO and board
ZoomInfo Technologies Inc. on Monday cut its full-year forecast and announced changes to its board and its chief financial officer roles.
Polymarket in focus as CFTC is pushed to ban gambling on US elections
Polymarket’s popularity raises fears of corruption and undue election influence. Lawmakers urge CFTC to ban election betting, citing democracy trust concerns. Senators stress elections shouldn’t...
Europe’s fourth largest hedge fund discloses $500m in spot Bitcoin ETFs
Capula Management, Europe’s fourth largest hedge fund, has disclosed it holds nearly $500 million in spot Bitcoin ETFs. The spot ETF market continues to see...
Trump says he’ll end taxes on tips — so why did this hospitality workers’ union endorse Harris?
The hospitality union Unite Here on Monday endorsed Vice President Kamala Harris’s presidential bid, responding to former President Donald Trump’s attempt to win over workers...
Palantir’s stock surges as ‘unrelenting’ AI demand fuels earnings beat
Palantir easily cleared revenue expectations for its latest quarter in what executives said was validation of the software company’s strategy.