China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
Goldman traders are on pace for a record year. A close-up look at how they’re doing it
In a new interview with CNBC, a Goldman exec breaks down what’s driving stocks, where markets are headed, and how the bank’s equities desk fuels its growth.
Investors may want to focus on front end of yield curve — as Street anticipates next Fed meetings
Bond market investors may want to focus on the front of the yield curve, according to Allspring Global Investments’ Noah Wise.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.
As Warsh’s Fed faces pressure to act on inflation, these indicators show it’s at its lowest in years
Trimmed mean measures are painting a different picture than the headline numbers.
Stocks making the biggest moves midday: Apple, Amazon, Reddit, GoDaddy, IES Holdings & more
These are the stocks posting the largest moves midday.
Why Situational Awareness hedge fund imploded, even in a tame stock market
Leopold Aschenbrenner’s $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.
How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
New York sues Kalshi, says prediction market is running ‘illegal gambling operation’
It comes after a federal judge earlier this month denied Kalshi’s attempts to intervene against the state’s Gaming Commission.
Fed officials who voted to hike rates say action is needed now against inflation
Kashkari and Hammack joined Dallas Fed President Lorie Logan in dissenting against holding the Fed’s key overnight borrowing rate steady.