Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors
Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to…
These ETFs could help investors reduce Big Tech exposure
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting…
January hiring was the lowest for the month on record as layoffs surged
Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…
Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%
Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…
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.…
Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules
A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring…
The Messenger is counting on a sudden and dramatic advertising turnaround to survive
The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a…
