A Hedge Fund Hit by FTX Collapse Defaults on $36 Million of Debt
Messy implosion of FTX is spilling over. Orthogonal Trading said in a tweet on Tuesday that it had been “severely impacted by the collapse of FTX."
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Watch Leveraged Loans as Canary in Credit Coal Mine, Traders Say
Investors watch leveraged loans for first signs aggressive central-bank rate hikes starting to hit companies hard. Also brace for FTX-like blowouts.
Goldman Jolts Traders With Bonus Warning After Bumper Haul
Goldman Sachs Group traders, on way to posting their biggest revenue haul in decade are in for a surprise. leadership to cut their year-end bonuses.
World's Most-Crucial Fuel Heads for Shortage Touching Everything
No fuel is more essential to global economy than diesel. With the high price of natural gas, in some places diesel is being used to generate power.
Trump-Tied SPAC Has Wild Ride Triggered by Midterm Elections
The Blank-check company trying to merge with Trump’s nascent social-media business is more than ever a bet on former president’s political prospects.
Amazon Becomes World’s First Public Company to Lose $1 Trillion in Market Value
Amazon.com Inc. world’s 1st public company to lose trillion dollars in market value as combination of rising inflation, tightening monetary policies.
How the U.S. Midterms Could Ripple Through the Stock Market
Investors turning focus to midterm elections, which will determine control of Congress and could spur moves from energy companies to cannabis stocks.
