Finance

Founders of Wise and Skype raise $436 million to build tech giants in Europe

The founders of Wise, Skype and Songkick have raised 400 million euros ($436.4 million) for a new fund to back…

World’s largest hedge funds record bumper year of profits, research shows

The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed.…

Watchdog report is critical of former Fed officials in stock trading controversy

A watchdog review into market trading from two former high-ranking Federal Reserve officials criticizes their actions but does not accuse…

Why that ‘last mile’ of the inflation fight may be more challenging

Inflation in the U.S. economy is on the retreat. But the road to ultimate victory may be harder than what’s…

‘We have scouts all over the world’: Former NBA All-Star Danny Ainge takes a money shot for global talent

The Utah Jazz is casting its net wide for international players.  “We have scouts all over the world — almost…