Bill Ackman’s ‘SPARC’ gets OK from the SEC and he’s ready for a deal: ‘please call me’
Billionaire investor Bill Ackman said Friday that U.S. regulators have approved his unique special purpose acquisition company structure, and he’s ready…
Bill Ackman believes the 10-year Treasury yield could approach 5% soon
Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back…
Brad Gerstner says AI will be bigger than the internet, bigger than mobile
Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology…
Speaker McCarthy criticizes Senate measure, says House will get bill done to avoid shutdown
House Speaker Kevin McCarthy, R-Calif., on Thursday criticized a short-term Senate government funding bill — stoking more fears that a…
CEO of private credit giant Ares says his firm is benefitting from rising rates
With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning…
Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows
A majority of Wall Street investors haven’t taken solace in stocks’ 2023 gains, thinking the market could retreat further as…
Gensler is testifying before Congress and facing increasing lawsuits over his many rule changes
Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. It will be very much…
