Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae (FNMA) and Freddie Mac (FREGP) from conservatorship.
US stock markets will close Jan. 9, in observance of a national day of mourning for former President Jimmy Carter.
Citadel founder Ken Griffin was only half right last month when he said the multistrategy hedge fund boom had “come and gone.”
Exchange-traded funds (ETFs) achieved record-breaking milestones in 2024, setting the stage for another transformative year in 2025.