(HedgeCo.Net) The Securities and Exchange Commission has charged a previously-barred North Carolina-based investment adviser with lying to retail investors about the use and value of their investments. The SEC’s complaint alleges that, starting in approximately February 2019, David W. Schamens […]

(CNBC) Mohammad Barkindo, secretary general of OPEC, said Monday that in the face of skyrocketing energy prices the group’s mission remains to act as a reliable supplier. He said the oil-producing alliance has “no control over current events” and that […]

CNBC) Billionaire hedge fund manager Bill Ackman has warned that World War III has “likely started already” amid Russia’s invasion of Ukraine. “In January 2020, I had nightmares about the potential for a pandemic, but everyone seemed to think I was crazy. […]

(CNBC) Stock futures fell slightly in early morning trading Tuesday following the S&P 500?s worst day since October, as investors remained on edge about surging oil prices and slowing economic growth amid Russia’s invasion of Ukraine. Futures on the Dow […]

(CNBC) Macro conditions were already troubling for tech. With inflation at a 40-year high and the Federal Reserve signaling a series of interest rate hikes on the horizon, investors started the year by fleeing growth stocks, sending the Nasdaq in […]

(HedgeCo.Net) The Securities and Exchange Commission has charged venture capital fund adviser Alumni Ventures Group, LLC (AVG) with making misleading statements about its management fees and engaging in inter-fund transactions in breach of fund operating agreements. The SEC also charged […]

(Hedgeweek) Having previously dismissed crypto as a ‘jihadist call’ against the US dollar and other fiat currencies, Griffin, speaking in an interview with Bloomberg this week, admitted he had made the wrong call on digital currencies. To read this article:

(Hedgeweek) New prime broker data compiled by Goldman Sachs Group shows that hedge fund managers were big buyers of individual company stocks in February, according to a report by Business Times. To read this article:

(Opakesque) As 2022 begins to unfold, the rollercoaster markets continue and investors try to gauge the potential impact of everything from Fed tightening, to the lasting effects of the pandemic, and geopolitical conflict like the Russia-Ukraine tensions. Markets are becoming […]

(CNBC) U.S. equity futures fell Sunday evening as U.S. oil price momentarily jumped to their highest level since 2008 amid the ongoing war between Russia and Ukraine. Dow futures lost 365 points, or 1.09%, while S&P 500 futures and Nasdaq […]

(CNBC) In a first pass at gauging the economic impact from the Ukraine invasion, forecasters say the U.S. will grow more slowly with higher inflation, Europe’s economy will flirt near recession and Russia will plunge into a deep, double-digit decline. […]

(CNBC) Microsoft is halting all new sales of its products and services in Russia. Brad Smith, Microsoft’s president, announced the decision Friday as Western businesses continue to boycott Russia after it began its invasion of Ukraine last week. Microsoft didn’t […]