Stock markets

Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs

Crypto investors are eagerly awaiting an imminent ruling from the U.S. Securities and Exchange Commission that will likely approve the…

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…