Breaking News: Investing

Apollo’s co-president said it is one of the few private equity firms OK with higher rates

Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management Co-President Scott…

GameStop shares jump more than 40% as ‘Roaring Kitty’ schedules YouTube livestream for Friday

Shares of GameStop shot to session highs Thursday after meme stock leader “Roaring Kitty” scheduled a livestream on YouTube, which…

Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ‘6-month thing’ as rates fall

Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from…

Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package

Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial…

How Roaring Kitty’s wealth went from $53,000 to nearly $300 million — and could one day top $1 billion

Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week,…

The SBA is unveiling new credit lines of up to $5 million to fund small businesses

The U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses,…

‘Roaring Kitty’ post seems to show trader held on to giant GameStop stake after Monday’s rally

Meme stock leader Keith Gill, who’s behind GameStop‘s recent roller-coaster ride, appeared to hold on to his large position in…

E-Trade is debating whether to ban meme stock star Keith Gill from its platform, WSJ reports

E-Trade is having internal discussions about whether to ban Keith Gill — the meme stock trader who just disclosed a…

The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing

VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities…

Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’

When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to…