Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters The volatile September was a golden opportunity for billionaire investor Ken Griffin to shine as his main hedge fund crushed the market with outperformance. Citadel’s multi-strategy flagship fund Wellington gained 7.8% in September, bringing its year-to-date performance to 18.5%, according to a person familiar with
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New York University graduates celebrate in Manhattan’s Washington Square Park on May 19, 2021. Liao Pan | China News Service | Getty Images If you are looking to get the best return on your investment in a college degree, you may want to consider a major in the science, technology, engineering and mathematics (STEM) fields.
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images On the heels of Evergrande’s debt crisis, there are increasing signs of stress in China’s property market after one developer failed to make a bond payment on Tuesday. Ratings agencies have downgraded Chinese developers Fantasia
A Leading Specialized Contracting Services Company and a Retail Company Poised to Benefit From the Holiday Season. zacks.com zacks.com/ultimate
Aaron Tan is going places. As the co-founder of a newly crowned unicorn and one of Asia Pacific’s fastest growing start-ups, the Carro CEO is now on the road to a public listing. And with investors including Softbank getting onboard, he has no plans to slow down. “The question is, now that we have reached $1 billion, how do we reach $10 billion? How do we reach $100 billion?” Tan told CNBC Make
Stock futures rose modestly in overnight trading on Monday following a tech-led sell-off as investors continued to dump high-flying shares in the face of rising rates. Futures on the Dow Jones Industrial Average climbed 45 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.3%. On Monday, the Nasdaq Composite dropped 2.1% for
William Shatner Anjali Sundaram | CNBC Science fiction will soon become reality, as William Shatner is scheduled to launch on the next crewed spaceflight of Jeff Bezos’ Blue Origin. Blue Origin plans to fly the Canadian actor, who famously played Captain Kirk in the original Star Trek television series, as one of the passengers on
kate_sept2004 | E+ | Getty Images The recovery from the Covid-19 pandemic has been slower than a lot of people expected. For many Americans, that means their incomes are not yet back on track or may have suffered again during the onset of the delta variant. Data shows that hiring is still slow. Weekly initial
Travel stocks could benefit from pent-up demand as we return to normal zacks.com zacks.com/ultimate
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In this article JNJ MRNA BNTX PFE Dr. Scott Gottlieb told CNBC on Monday that unlike in 2020 he fully expects families and friends to gather around the holidays this year. He also suggested there are ways to do so that can minimize Covid risk. “Nothing is going to stop us from getting together, and
In this article F Thousands of Ford F-150s without chips are stored at Kentucky Speedway in Sparta, Kentucky, U.S., September 8, 2021. Jeff Dean | Reuters DETROIT – Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor
In this article FB DD UNP F Facebook’s logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Facebook — Facebook shares fell 5.5% after a company whistleblower unveiled her identify and accused the social media giant of a “betrayal of democracy.” The
Jamie Dimon, JPMorgan Chase chairman and CEO, remains a skeptic of bitcoin, the largest cryptocurrency by market value. “It’s got no intrinsic value. And regulators are going to regulate the h— out of it,” Dimon recently told Axios CEO Jim VandeHei. Dimon said that bitcoin will be around long-term, but “I’ve always believed it’ll be
Engine No. 1, the firm that rose to prominence after waging a successful campaign against Exxon, on Monday announced an investment in General Motors. This time, the upstart activist’s stake signals support for the automaker as it transitions to electric vehicles. Engine No. 1 pointed to the similarities between Exxon and GM, noting that each
Americans have been hammered by life changes since the start of the pandemic, and it’s taken a big mental and financial toll. In just the last year and a half, many Americans either left a job, moved or changed their relationship status, for better or for worse — or even all of the above. Finances
Over the course of the last year, it has become clear that Democratic lawmakers want to change U.S. international tax rules. However, as proposals have surfaced in recent weeks, there are clear divides among various proposals. While President Biden has led a renewed effort on global negotiations over minimum taxation, his own proposals for U.S.
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In this article 6758.T-JP Tom Hardy stars in Sony’s “Venom: Let There Be Carnage.” Sony There’s a new king of the pandemic box office. Sony’s “Venom: Let There Be Carnage” tallied an estimated $90.1 million in ticket sales domestically over the weekend, the best box office haul since the Covid-19 outbreak began. Marvel’s “Black Widow”
Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. “We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to