Report: Trump Wouldn’t Fire Fed’s Powell If Reelected
Former President Donald Trump would let Federal Reserve Chair Jerome Powell finish his term at the central bank if he is reelected.
Riskiest Stocks Begin an Epic Rotation With Rate Cuts in Sight
The most speculative corner of the stock market is soaring at a pace not seen since the pandemic as traders race to move up their rate cut bets.
BlackRock CEO Larry Fink Calls Himself a "Major Believer" in Bitcoin Amid Global Uncertainty
BlackRock CEO Larry Fink described Bitcoin as a legitimate instrument, particularly appealing to those with a pessimistic outlook on global affairs.
Charles Schwab Sinks After Vowing to Shrink Bank Over Time
Charles Schwab shares suffered their biggest intraday drop since last year’s regional-bank crisis after warning it will have to shrink itself.
Hedge Fund Segantii Has Returned More Than 90% of Client Money
Segantii Capital Management Ltd. has returned more than 90% of its client capital two months after the firm told investors it would.