Hedge funds profit as Venezuela’s bonds surge
Broad Reach, Winterbrook and Allianz among those making gains as debt jumps in price...
Jan 5Financial TimeseconomicsImpact
Broad Reach, Winterbrook and Allianz among those making gains as debt jumps in price...
China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence....
Industry racks up largest asset gains on record, benefiting from buyout groups’ difficulty returning cash to clients...
Stellar Blade studio Shift Up has once again given bonuses and gifts worth around $4,000 to its entire team. According to the South Economic Daily , the South Korean studio gifted each of its 300-ish ...
Japan’s two-year government bond yield rose after an auction of the tenor drew weak demand amid speculation that the Bank of Japan may need to raise interest rates more aggressively to rein in inflati...
The restaurant industry is grappling with major changes this year — and there are big questions about finances, consumer behavior, and labor issues on operators' minds. Scott Suchman/For The Was...
One very lucky lottery player from the US state of Arkansas hit the ultimate jackpot on Christmas Eve. Christmas will never be the same again!...
Amazon could be taking another, even bigger swing at physical stores, this time with a Walmart-like supercenter. On Tuesday, the Orland Park Plan Commission in the Chicago suburb Orland Park, Illinois...
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
Following the 2012 halving, Bitcoin surged to end the following year at a new high; and a similar pattern played out in 2016 and again in 2020....
Fed chair Jerome Powell Alex Wong/Getty Images Fed Chair Jerome Powell said the central bank has received grand jury subpoenas from the Justice Department. Economists, business leaders, and analysts a...
Sources told ESPN that nine Major League Baseball teams have terminated their contracts with Main Street Sports Group, the RSN operator that again finds itself in deep financial trouble....
Recent surveys suggest older Americans plan to unretire in 2026 or fear they may have to down the line. Kittipong Udomsom/Getty Images More older Americans are returning to work due to financial insec...
📋 Key Facts ✓ Erebor raised $350 million in funding. ✓ The startup achieved a valuation over $4 billion. ✓ Fund...
The Warner Bros. Discovery board has again dismissed Paramount's hostile takeover attempt, branding it as "inadequate" and a "risk" to the company due to its reliance on an "extraordinary amount of in...
📋 Key Facts ✓ JPMorgan Chase is considering spot bitcoin trading and derivatives for institutional clients. ✓ Discussions are prelimina...
Costco offers some impressive prices, but shoppers sometimes balk at the membership fee. Dominick Reuter/Business Insider Costco is known for buying in bulk and offering some of the lowest unit prices...
Matt Mawson/Getty Images Big US banks will begin reporting fourth-quarter earnings Tuesday, starting with JPMorgan. Dealmaking rebounded in 2025, intensifying competition between firms for transaction...
📋 Key Facts ✓ FDA approves first GLP-1 pill for obesity from Novo Nordisk ✓ Novo Nordisk is the maker of Wegovy ✓ ...
📋 Key Facts ✓ Investors can take advantage of the recent crypto market downturn. ✓ Tax loss harvesting helps lower taxable income. ...