Featured
Fed Meeting Today: Central Bank 'Firmly Parked' On Interest Rate Pause
The Federal Reserve maintained its target rate range at 3.50%–3.75% for a third consecutive meeting, citing elevated energy prices and heightened geopolitical uncertainty tied to the Iran conflict.
Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO
(Bloomberg) - Shares of Bill Ackman’s Pershing Square USA Ltd. plunged 18% in its debut after the combined initial public offering for the closed-end fund and his alternative asset manager raised $5 billion.
Recent
Record-Breaking Issuance From Unprofitable Companies: Alarming Or "New Normal?"
When unprofitable firms dominated the pool of equity offerings previously, the S&P 500 was either at the start of a bear market or already in one.
Cathie Wood Comes Roaring Back . . . But For How Long?
Over the past 6 weeks, Wood has managed to claw her way back. Her main fund has erased its losses for the year, a welcome milestone for her followers.
Influencers Are Luring Investors Flummoxed by Meme Stonks and Options
With the rise of free, fast trading from your phone, demand has surged for information about creating wealth, not just managing it.
Billionaire Ray Dalio on why meditation is good for business, and why he's got 'some Bitcoin'
‘Whoever wins the tech race wins it all,’ says hedge fund billionaire Ray Dalio.