Ken Griffin, Citadel at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Ken Griffin’s various hedge fund strategies all posted double-digit returns for 2023, but they failed to beat the broader market. Citadel’s multistrategy Wellington fund gained 15.3% last year, according to a person familiar with the returns. The flagship fund had
Omar Marques | Lightrocket | Getty Images Crypto investors are eagerly awaiting an imminent ruling from the SEC that will likely approve the trading of a spot bitcoin ETF, more than a decade after initial attempts were rejected. 13 companies have filed for a spot bitcoin ETF: Grayscale Bitcoin Trust Ark/21 Shares Bitcoin Trust Bitwise
Former U.S. President Donald Trump attends the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James, at a Manhattan courthouse, in New York City, U.S., October 3, 2023. Shannon Stapleton | Reuters The New York attorney general on Friday asked a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Economists believe the US jobs market weakened in December, bolstering the case for the Federal Reserve to consider cutting interest rates. A poll by Reuters showed economists, on average, predict data published on Friday will
From baby bonds to pension funding, 2023 was a year for progress in Connecticut, according to the annual report released Wednesday by State Treasurer Erick Russell. “The work done by our agency often focuses on the long-term — sustained investment success, low-cost infrastructure funding, helping families save for college, and now our landmark ‘CT Baby
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The share of electric cars sold in the UK fell for the first time last year, casting doubt over whether manufacturers will meet binding new green targets and prompting industry calls for tax cuts. Electric
Bonds used to buy eight senior living properties in Michigan and Ohio are likely to default within six months, S&P Global Ratings said. On Dec. 21, S&P placed bonds issued for Great Lakes Senior Living Communities LLC — already rated deep in the speculative grades at CCC-minus — on CreditWatch with negative implications. The bonds
Cliff Asness. Chris Goodney | Bloomberg | Getty Images Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees, according to a person familiar with the performance. The AQR Absolute Return strategy, which was created in 1998, benefited the most from profitable picks among value stocks in 2023, according
A “For Sale” sign sits in front of a new home May 27, 2004 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand ended 2023 on a sour note, despite a sharp drop in mortgage interest rates during December. Total application volume was down 9.4% for the week ended Dec. 29, compared with two
Alberto G. Musalem will take over as president of the Federal Reserve Bank of St. Louis on April 2, the bank announced Thursday. Musalem, an economist, and former executive vice president of the Federal Reserve Bank of New York, “served as CEO and co-chief investment officer of Evince Asset Management LP (2018-’22), a quantitative investment
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. Saudi Arabia and China were among 20 foreign governments that spent at least $7.8mn in total at properties owned by Donald Trump while he was president, according to a report released by congressional
Municipals were little changed Wednesday, while U.S. Treasury yields fell slightly and equities ended the session down after the Federal Open Market Committee’s December meeting minutes offered little insights into future rate cuts. The two-year muni-to-Treasury ratio Wednesday was at 56%, the three-year at 58%, the five-year at 58%, the 10-year at 58% and the
In this article Follow your favorite stocksCREATE FREE ACCOUNT Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks to expectations for multiple interest rate cuts this year, Eisman believes
The Federal Reserve‘s effort to bring down inflation has so far been successful, a rare feat in economic history. The central bank signaled in its latest economic projections that it will cut interest rates in 2024 even with the economy still growing, which would be the sought-after path to a “soft landing,” where inflation returns to the Fed’s
Since the Florida Legislature approved reforms to the state’s insurance industry this year, the state Office of Insurance Regulation has given approval for six additional property and casualty insurers to enter the market, Commissioner Michael Yaworsky said Friday. The OIR has responsibility for regulation, compliance and enforcement of statutes related to the business of insurance
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran said two “terrorist attacks” killed more than 100 people near a commander’s grave on Wednesday, according to reports by state media. Two explosions in the southern city of Kerman hit crowds gathering to commemorate
Municipals were lightly traded and little changed in the first session of 2024 while U.S. Treasuries were weaker and equities lost ground as markets pulled back to reassess expectations after the end-of-year’s large rally. Triple-A yields were softer in spots while USTs saw yields rise six to 10 basis points with the larger losses on
The Municipal Securities Rulemaking Board is gearing up to change how broker-dealers operate in 2024, as the controversial move to a one-minute trade reporting window will come into effect, a change to a T+1 settlement cycle, in addition to a new proposal aimed at soliciting market feedback on pre-trade data. The board’s last few years
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. Tesla has lost its position as the world’s most popular maker of electric vehicles to Chinese rival BYD despite quarterly sales that beat analysts’ estimates. The US company, run by Elon Musk, delivered 484,000 cars
The New York Metropolitan Transportation Authority will hold public hearings and accept comments on its plans to implement a new series of tolls for vehicles entering Manhattan’s Central Business District. The 76-day public review process on congestion pricing plan started Wednesday and will run through March 11. The MTA will accept input from the public
- « Previous Page
- 1
- …
- 94
- 95
- 96
- 97
- 98
- …
- 459
- Next Page »