(CNBC) Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a weakening economy. Retail sales rose 0.7% on the month, well above the 0.3% Dow Jones estimate, according to the […]

(CNBC) U.S. stock futures were slightly down Tuesday morning as the third-quarter earnings season gains momentum. Futures tied to the Dow Jones Industrial Average lost 46 points, or 0.13%. S&P 500 futures fell 0.13%, while Nasdaq 100 futures were also […]

(CNBC) Nishad Singh, FTX’s former director of engineering, told jurors Monday that Sam Bankman-Fried, the founder of the failed crypto exchange, spent huge sums of money on everything from real estate and venture investments to campaign donations and celebrity endorsements. […]

(CNBC) Is Wall Street deal-making on the mend? Among its big bank peers, Goldman Sachs is the most reliant on investment banking and trading revenue. While it’s made efforts under CEO David Solomon to diversify its revenue stream, first in […]

(Hedgeweek) Point72 Asset Management, the hedge fund firm found by Steve Cohen with over $27bn in assets under management, is continuing to expand both its cryptocurrency and quant teams based in Paris, according to a report by eFinancial Careers. To […]

(CNBC) Bill Ford, who has been a part of UAW negotiations since 1982, pleaded with union members and leaders to work with the company, instead of against it, to reach a tentative deal. Such comments by the great-grandson of company […]

(Opalesque) The Hedge Fund Confidence Index, which provides a snapshot of fund managers’ confidence in their economic prospects for the coming 12 months, shows that global confidence levels among hedge funds are returning to historic highs, boosted by stronger capital-raising […]

(Hedgeweek) Sales of food, beverage and tobacco stocks by global hedge funds hit the fastest pace seen in 11 weeks last week, as the yields for US Treasuries surged, according to a report by Reuters citing data from Goldman Sachs’ […]

(Hedgeweek) Sam Bankman-Fried’s crypto hedge fund Alameda Research diverted between $100m and $150m in bribes to Chinese officials to gain access to locked trading accounts, his former partner and Alameda CEO Caroline Ellison has told a New York Court. To […]

(Hedgeweek) Rokos Capital Management, the hedge fund firm founded by macro trader Chris Rokos, recorded a 2.4% gain for its flagship fund in September, taking YTD gains to 7%, despite double-digit losses earlier this year, according to a report by […]

(Hedgeweek) Morgan Stanley Traders Chris Rivelli and Ben Levine, have opted to leave the bank – and their bonuses – behind and join major hedge fund firms, Millennium Management and Citadel respectively, according to a report by eFinancial careers. To […]

(CNBC) Stock futures inched higher in overnight trading Sunday ahead of a busy week for corporate earnings. Futures tied to the Dow Jones Industrial Average climbed marginally, while S&P 500 futures and Nasdaq-100 futures gained 0.18% and 0.25%, respectively. Stocks […]