BYD’s five best-selling cars, including one edging out Tesla’s Model Y in China
BEIJING — BYD has overtaken Tesla again by the sheer number of new energy vehicles produced in 2023, thanks in…
State-run ‘auto-IRA’ programs aim to close retirement savings gap
Roughly half of Americans don’t have access to a workplace retirement plan — but states are increasingly stepping in to…
Cliff Asness’ AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks
Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees, according to a person…
Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500
Billionaire investor Ken Griffin’s various hedge fund strategies at Citadel all posted double-digit returns for 2023, but they failed to beat…
Fat Cat Thursday: UK CEO pay already exceeds average worker salary for the year
The average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary by 1…
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just…
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little…
