Bill Ackman’s ‘SPARC’ gets OK from the SEC and he’s ready for a deal: ‘please call me’
Billionaire investor Bill Ackman said Friday that U.S. regulators have approved his unique special purpose acquisition company structure, and he’s ready…
Bill Ackman believes the 10-year Treasury yield could approach 5% soon
Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back…
Brad Gerstner says AI will be bigger than the internet, bigger than mobile
Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology…
Peloton shares soar on digital content, apparel partnership with Lululemon
Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to…
CEO of private credit giant Ares says his firm is benefitting from rising rates
With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning…
Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows
A majority of Wall Street investors haven’t taken solace in stocks’ 2023 gains, thinking the market could retreat further as…
Miami man pleads guilty to selling adulterated, misbranded HIV drugs across U.S.
A Miami man pleaded guilty to distributing as much as $25 million worth of misbranded and adulterated HIV drugs that…
Biden’s visit to UAW picket line not influenced by Trump’s, White House says
WASHINGTON — President Joe Biden’s decision to join striking United Auto Workers in Detroit, Michigan, on Tuesday was not influenced…
Florida Gov. Ron DeSantis to debate Gov. Gavin Newsom of California on Fox News
Republican Gov. Ron DeSantis of Florida and Democratic Gov. Gavin Newsom of California are set to debate on Fox News…
Congress remains divided on budget negotiations as government shutdown looms: ‘Our financial ship is sinking’
Lawmakers over the weekend expressed few signs of movement on a budget resolution that would keep the U.S. government funded…
