Treasury Secretary Janet Yellen has outlined four priorities for the $80 billion in IRS funding and requested a plan within six months.
Hedge funds are sitting on a record level of bearish bets on the stock market
Net short positions against the S&P 500 futures by hedge funds have reached a record high this week.
This $3.8 billion hedge fund is shaking up the industry with its pay-for-performance model
Peter Kraus, founder of Aperture Investors, explained why he deviated from the traditional active management model.
Jobless claims edge lower as Fed looks to cool labor market
Jobless claims totaled 250,000 for the week ended Aug. 13, down 2,000 from the previous week and below the 260,000 Dow Jones estimate.
Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Estee Lauder and more
These are the stocks posting the largest moves before the bell.
Web3 is in chaos and metaverses are in their own walled gardens, says Randi Zuckerberg
Web3 is “an ideal utopia,” but “what’s happening in reality, is chaos,” said the sister of Meta CEO Mark Zuckerberg.
Chinese property developers’ cash flows have plunged by more than 20%
Chinese property developers’ cash flows — a sign of the companies’ ability to stay afloat — have plunged this year, according to Oxford Economics.
Stocks making the biggest moves after hours: Cisco, Wolfspeed & more
Check out the companies making headlines in after-hours trading.
Stocks making the biggest moves midday: Bed Bath & Beyond, Krispy Kreme, Target and more
These are the stocks posting the largest moves midday.
Fed sees interest rate hikes continuing until inflation eases substantially, minutes show
The FOMC on Wednesday released minutes from its July 26-27 meeting, when it raised interest rates by 0.75 percentage point.