Breaking News: Business
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Finance
Treasury Secretary Bessent says ‘it’s Main Street’s turn’ after Wall Street grew wealthy for 4 decades
US Treasury Secretary Scott Bessent speaks at the American Bankers Association’s Washington Summit at the Walter E. Washington Convention Center…
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Finance
Hedge funds pile up record short bets against stocks as traders go into ‘self-protection mode’
Hedge funds loaded up on a record number of short bets against stocks as President Donald Trump’s steeper-than-expected tariffs wreaked…
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Finance
Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social…
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Finance
Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump’s tariffs
Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn…
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Finance
Conservative cable channel Newsmax shares plunge 77% after a dizzying 2-day surge
A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association annual convention in…
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Finance
Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Cliff Asness. Chris Goodney | Bloomberg | Getty Images AQR Capital Management’s multistrategy hedge fund beat the market with a…
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Finance
RFK Jr. is a ‘conspiracy theorist’ endangering lives, say analysts at Howard Lutnick’s former firm
U.S. Health and Human Services Secretary Robert F. Kennedy Jr., Commerce Secretary Howard Lutnick wait for U.S. President Donald Trump…
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Finance
Hedge funds turn defensive amid tariff chaos, selling tech stocks at the fastest pace in 6 months
Hedge funds are dumping stocks at a rapid pace as President Donald Trump’s aggressive tariff agenda spiked volatility on Wall Street. These…
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Finance
BlackRock CEO Larry Fink says protectionism ‘has returned with force’
BlackRock CEO Larry Fink sounded the alarm on the spread of protectionist policies around the world, saying they will hinder…
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Finance
Joel Greenblatt defends value investing: It’s not difficult to beat the market
Joel Greenblatt, a longtime bargain hunter, doesn’t think value investing deserves its bad rap. The 67-year-old investor, now running Gotham…
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