Odey Suspends Flagship Hedge Fund After Redemption Pressure
Odey Asset Management has suspended its flagship hedge fund after being hit by redemption requests from investors fleeing
2023-06-27 03:25
FTX’s New Management Recovers $7 Billion in ‘Substantial Progress’
Sam Bankman-Fried’s crypto conglomerate made “false statements” to banks about accounts commingling customer funds and fired an employee
2023-06-27 03:23
Investors overly optimistic on speed, cost of taming inflation, says IMF
SINTRA, Portugal The world’s top central banks may need longer to get inflation back down to target and
2023-06-27 03:22
Digital Asset Inflows Highest in a Year After BlackRock’s Spot-Bitcoin ETF Filing
Digital-asset investment products added $199 million last week, the biggest weekly inflows in nearly a year, as a
2023-06-27 02:58
Student Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’
Advocates of student debt relief want President Joe Biden to use a 1965 law to cancel student debt
2023-06-27 02:57
Billionaire Robert Smith’s Vista More Than Doubles Bet on Apptio
Buyout titan Robert Smith’s Vista Equity Partners more than doubled its initial investment in Apptio Inc. after International
2023-06-27 02:29
Blackstone to Sell Warehouses to Prologis for $3.1 Billion
Blackstone Inc. struck a deal to sell warehouses and industrial properties to Prologis Inc. for $3.1 billion. Prologis’
2023-06-27 02:27
Biden administration to spend $450 million on higher-blend biofuels
By Leah Douglas WASHINGTON The U.S. Department of Agriculture will spend $450 million to expand the production and
2023-06-27 02:24
James Crown, JPMorgan board member, dies in racing accident
James Crown, a billionaire businessman who held several leadership roles including board member of JPMorgan Chase, died Sunday in a racing accident in Colorado.
2023-06-27 02:18
Trafigura Cuts Mexico Oil-Trader Jobs as Policies Crimp Margins
Trafigura Group is cutting oil-trader positions in Mexico as the government’s nationalist policies squeeze its profit margins. Five
2023-06-27 01:58
Cathie Wood’s ARK Says It’s First in Line for Spot-Bitcoin ETF
Cathie Wood’s ARK Investment Management says it’s first in line to get potential approval for a spot-Bitcoin ETF,
2023-06-27 01:54
China Bans Writers From Weibo for Comments on Stocks, Jobless Rate
China banned Wu Xiaobo, a well-known finance writer, as well as two of his peers from writing on
2023-06-27 01:49