Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors
Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to…
NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk
New York Community Bank on Wednesday promoted its chairman to help stabilize the company’s operations, hours after Moody’s Investors Service downgraded the bank’s…
Clocktower’s chief strategist says Chinese stocks will likely rally 10% to 15% from here
BEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts,…
U.S. Treasury team heads to China to talk subsidies, economic policies
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…
