(CNBC) Stock futures declined on Sunday evening as Wall Street looks to shake off a losing week. Futures tied to the Dow Jones Industrial Average declined 181 points, or around 0.5%. Those for the S&P 500 also shed 0.7%, while […]

(CNBC) The view that higher interest rates help stamp out inflation is essentially an article of faith, based on long-held economic gospel of supply and demand. But how does it really work? And will it work this time around, when […]

(Opalesque) CI Financial, the Canadian-based asset management firm which has been aggressively buying up registered investment advisors in the United States, plans to take its $133 billion U.S. wealth management business public. The integrated global wealth and asset management company […]

(Reuters) Macro funds this year posted their highest first-quarter performance since 1993, as fund managers navigated well amid high volatile markets, a report by hedge fund data provider HFR showed on Thursday. Macro hedge funds, which bet on macroeconomics trends, […]

(CNBC) At a bitcoin conference on Thursday, billionaire venture capitalist Peter Thiel said Warren Buffett tops an “enemies list” of people who are trying to stop the cryptocurrency. “Enemy number one,” Thiel said to a booing Miami crowd, is “the […]

(CNBC) HP’s stock just had its best day in more than two years, and Warren Buffett’s Berkshire Hathaway is almost $650 million richer because of it. Berkshire revealed ownership of 121 million HP shares, in a filing with the Securities […]

(CNBC) U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the likelihood of tighter monetary policy from the Federal Reserve to combat inflation. Dow Jones Industrial Average futures edged […]

(CNBC) The Federal Reserve needs to raise interest rates substantially to control inflation but may not be as “behind the curve” as it appears, St. Louis Fed President James Bullard said Thursday. One of the Federal Open Market Committee’s most […]

*CNBC) Trading platform eToro unveiled a $20 million fund to purchase NFTs and bolster creators. The firm announced the launch at The Bass, a contemporary art museum in Miami, Thursday. The trading platform’s fund is part of a new initiative […]

(Reuters) A former McKinsey & Co partner who helped advise Goldman Sachs Group Inc (GS.N) on its recent purchase of fintech lender GreenSky Inc was sentenced on Wednesday to two years in prison for insider trading on the takeover. The […]

(Reuters) A surge in hedging to protect against aggressive Federal Reserve tightening has caused liquidity problems in the interest rate options sector, reflecting a trend that has been going on in some parts of the bond market. Strong demand has […]

(Reuters) Crypto exchange Binance.US said on Wednesday it had raised more than $200 million in a seed funding round at a pre-money valuation of $4.5 billion. Launched in 2019, the company is operated by BAM Trading services, the U.S. partner […]