Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data…
BYD’s five best-selling cars, including one edging out Tesla’s Model Y in China
BEIJING — BYD has overtaken Tesla again by the sheer number of new energy vehicles produced in 2023, thanks in…
Cliff Asness’ AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks
Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees, according to a person…
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…
