(CNBC) Boeing will plead guilty to a criminal fraud charge tied to the 737 Max crashes, months after a near-catastrophe in January prompted the Justice Department to revisit a 2021 settlement that protected Boeing from prosecution. The plea deal, outlined in […]

(Hedgeweek) Steve Cohen’s Point72, Ken Griffin’s Citadel and Izzy Englander’s Millennium Management emerged as the top performers in the first six months of 2024, marking a strong recovery for major Wall Street hedge funds after a sluggish 2023, according to […]

(Hedgeweek) Confidence among hedge fund managers dipped in the second quarter of the year, falling below the historical average as measured by AIMA’s Hedge Fund Confidence Index, although managers remain generally optimistic about the prospects for their businesses. To read […]

(Hedgeweek) Confidence among hedge fund managers dipped in the second quarter of the year, falling below the historical average as measured by AIMA’s Hedge Fund Confidence Index, although managers remain generally optimistic about the prospects for their businesses. To read […]

(CNBC) Aidan Gomez was an intern at Google Brain in 2017, when he helped co-author the “Attention Is All You Need” paper that conceptualized the transformer and eventually kicked off the generative artificial intelligence boom. “There’s no one in the field who […]

(CNBC) S&P 500 futures are near flat Thursday night as investors readied for Friday’s closely watched jobs report. Futures connected to the broad index sat near their flatline, while Nasdaq 100 futures slipped 0.1%. Futures tied to the Dow Jones […]

(CNBC) Bitcoin’s price slumped to around $57,000 apiece Thursday, hitting a two-month low after the U.S. Federal Reserve released minutes from its June meeting indicating the central bank isn’t yet ready to cut interest rates. At around 2:30 p.m. London time, […]

(CNBC) With signs building that the labor market is at least slowing if not something worse, the June nonfarm payrolls report takes on added significance. Payroll gains so far in 2024 have totaled 1.24 million, down about 50,000 a month […]

(CNBC) Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’ namesake […]

(Hedgeweek) Steve Cohen’s Point72, Ken Griffin’s Citadel and Izzy Englander’s Millennium Management emerged as the top performers in the first six months of 2024, marking a strong recovery for major Wall Street hedge funds after a sluggish 2023, according to […]

(Hedgeweek) Hedge funds saw mixed performance in the first half of the year, with macro fund Caxton Associates struggling to maintain its gains, while some multi-strategy and systematic funds excelled, according to a report by Reuters. To read this article:

(Hedgeweek) ANZ has launched the Graphene Alternative Fund, an absolute return strategy for high net worth investors that is designed and managed by Blackstone’s multi-asset investing division. To read this article: