Options Are All the Rage in Stocks With $2 Trillion Deadline Looming
The fresh boom in stock options that expire within 24 hours has grabbed all the attention on Wall Street trading desks.
Billionaire Steve Cohen Fights a $10 Million Tax Bill to Derail an IRS Plan
Steve Cohen is contesting an IRS campaign to compel hundreds of money managers including his Point72 Asset Management to pay self-employment taxes.
Marketmind: Accelerating US Economy Sideswipes Markets
Far from the recession forecasts of earlier this year, U.S. economic growth may actually be accelerating in the second half of 2023.
Tech Firms Are Slowing Layoffs But Still Not Yet Resuming Hiring
Tech companies aren’t ramping up hiring after massive layoffs over past year, despite surge in interest in AI, requiring workers with special skills.
China's Sliding Yuan Could be Next 'Black Swan Event' for Markets, Hedge Fund EDL Says
Hedge fund EDL Capital is betting on further falls for China's offshore currency and says the yuan's slide could be the next "black swan event".