markets

Bill Ackman’s IPO of Pershing Square closed-end fund is delayed, NYSE says

Billionaire investor Bill Ackman is delaying the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice…

Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…

Short seller Andrew Left of Citron charged with fraud by prosecutors, SEC

Federal prosecutors have criminally charged the activist short seller and analyst Andrew Left with securities fraud related to allegedly using…

Why the new spot ether ETFs may ‘be a hit’ despite recent weakness

It’s a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut. Franklin Templeton is one…

How to invest in gold — and is it worth it?

Gold has been coveted for thousands of years, with its beauty, versatility and reputation as a safe haven making it…