markets

Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500

Billionaire investor Ken Griffin’s various hedge fund strategies at Citadel all posted double-digit returns for 2023, but they failed to beat…

Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?

BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just…

Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high

It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…

Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show

Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little…

Fed’s Barkin sees likely soft landing ahead but notes rate hikes still a possibility

Richmond Federal Reserve President Thomas Barkin on Wednesday expressed confidence that the economy is on its way to a soft…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…