"Innovation and creativity fall in a remote workforce," the billionaire CEO of Citadel, Ken Griffin, said Thursday.
McCormick has not formally announced his candidacy, but he has aired at least two television commercials in Pennsylvania and bought a house in Pittsburgh.
Alden Global Capital, one of the country's largest newspaper owners known for cutting costs, has offered to buy local newspaper chain Lee Enterprises.
How hedge funds and private equity firms exploit workers' retirement savings.
Report on "meme-stock" surge has suggested the extreme trading in GameStop this year won't require system changes.
A hundred newspapers and 200 publications already under Alden's ownership have suffered devastating cuts to newsrooms, a reality the guilds representing Tribune employees pledge to fight.
Short selling stocks is an inherently risky bet due to the nature of the transaction. So why were there tens of billions of dollars invested in short positions in 2020 if the bets carry an added layer of risk for both retail investors and hedge funds?
Nursing homes owned by private equity are associated with lower staffing levels, more frequent citations for health and safety violations, and shortages of supplies like ventilators and PPE due to pressure to cut costs.
"PFOF" came up in Thursday's House Financial Services Committee hearing, which is centered on the recent frenzy over GameStop's stocks.
Remarks from Robinhood's Vlad Tenev, Reddit's Steve Huffman and more witnesses were all made available online ahead of Thursday's hearing.
They're participating—along with key figures from two separate hedge funds—in a virtual hearing that begins at noon ET on Thursday.
The real-life "Wolf of Wall Street" made some small adjustments to Leonardo DiCaprio's famous "I'm not leaving" monologue from the 2013 film, to address traders frustrated by limitations put on the trading of meme stocks.
The story behind the war between the hedge funds and the day traders over GameStop. And the sordid tale of Jeffrey Epstein continues.
Steve Cohen had faced criticism from amateur traders and others amid the GameStop/Robinhood stock market debacle.
"I think it's laughable for the hedge funds to cry foul after they do this every single day on a daily basis," Jordan Belfort said Friday about the recent GameStop stock activity.
For many retail investors, Fear of Missing Out will mean lights out for their portfolio if they bought GameStop at an inflated price and hold the shares long-term.
"I think it's funny when Wall Street doesn't like when somebody Wall Streets them," Noah joked on Wednesday.
The White House and U.S. Securities and Exchange Commission are "monitoring" the latest developments around GameStop's stock surge.
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Numerai has established the highest paid data science competition in the world.
The data scientist highlights the benefits of a hybrid environment in improving the speed of analysis.
Even secretive hedge funds are making their software open source.
'The Big Short', 'Billions' and our complex love-hate affair with the financial industry.
Whoever has the best predictions wins.