Breaking News: Markets

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…

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.…

Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates

While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk…

Warren Buffett leads Berkshire Hathaway to new heights at age 94

Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.…

The Fed’s favorite inflation indicator increased 0.2% in July, as expected

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to…