SEC seeks rule change that could cause fund managers to take less risk
A sweeping change sought by the Securities and Exchange Commission would take fund managers’ culpability a step further than current…
Bill Ackman explains why he embraced RFK Jr.’s skepticism on Covid vaccines
Bill Ackman said in 2021 that delaying Covid vaccinations for older Americans “seems like genocide.” Today, the influential hedge fund…
100 million Squishmallows sold in a year — How the toy sensation joined Warren Buffett’s conglomerate
Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and…
Most investors believe we are in a new bull market and there will be no recession in 2023
The majority of Wall Street investors believe stocks have entered a new bull market and the U.S. economy will skirt…
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…
