Stock market today: Indexes rise on upbeat retail sale data ahead of Fed meeting
Traders work on the floor of the New York Stock Exchange. Stocks moved higher after stronger-than-expected US retail sales…
Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says
Russia sold $1.3 billion worth of its oil to 3 Turkish refineries in the first half of the year,…
Investors are pouring into this defensive corner of the stock market amid fears of an economic slowdown
Amid fears of a recession and increased market volatility, analysts have been pointing to defensive stocks as a safe…
The biggest threat to the US dollar is America’s exorbitant debt load, JPMorgan says
De-dollarization is only a problem to the extent that the US allows it to be one, according to a…
Hedge funds are planning a ‘budget boom’ in 2025 for the datasets that cost them millions a year
Alternative data vendors capture unique datasets from sources such as satellites. The wonky datasets powering multi-strategy funds and quant…
Stock market today: Indexes close mixed as tech stumbles and traders brace for Fed meeting
In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington. Stocks close…
Oracle’s Larry Ellison is now the world’s 4th-richest person after a $57 billion wealth surge this year
Larry Ellison also owns a stake in Tesla worth about $10 billion. Larry Ellison has overtaken Bernard Arnault to…
Americans are piling into a hot new type of ETF investing
The popularity of exchange-traded funds has skyrocketed over the past decade as more Americans have opted for them over…
Amazon’s RTO mandate won’t pay off in the way the company hopes
Amazon workers protested the company’s return-to-office policies in 2023 outside the Seattle headquarters. Sorry, Amazon employees. Your home office…
Inside $178 billion Man Group’s Oxford gathering: Academic hotshots, internal rising stars, and $25 trillion in institutional capital
Man Group, run by CEO Robyn Grew, has long had a relationship with the University of Oxford. Even when…