Finance

Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August

Billionaire investor Ken Griffin’s suite of hedge funds at Citadel eked out small gains in what proved a volatile month…

Robinhood lets Brits lend shares for extra income in bid to grow international footprint

Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to…

Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight.…

Chase Bank says it is aware of viral ‘glitch’ inviting people to commit check fraud

Chase Bank is urging its customers not to commit check fraud. The bank’s plea comes after this weekend a viral…

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company…

China’s property woes and U.S. sanctions have hit some cities hard

BEIJING — China’s property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from…

American demand for international trips drives ‘travel momentum’ and overall spending

Travel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal for international trips,…