Breaking News: Investing

Ken Griffin’s hedge fund Citadel bucks the downtrend in September, up nearly 13% this year

Billionaire investor Ken Griffin’s flagship hedge fund rallied last month when the broader market was rattled by tight monetary policy…

Why borrowing costs for nearly everything are surging, and what it means for you

Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as…

Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says

BEIJING — Asia’s competitive advantage was once cheap labor. Now, whether it’s China, India or Japan, the region’s edge lies…

Bill Gross says the surging 10-year Treasury yield could test 5% in the short term

Widely followed investor Bill Gross believes Treasury yields have the potential to shoot even higher in the short run. “I…

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…

Bill Ackman says the economy is starting to slow and the Fed is likely done hiking

Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the…

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…

Citigroup CEO Jane Fraser sees ‘cracks’ emerging among some consumers as savings dry up

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO…

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…