By Carolina Mandl NEW YORK (Reuters) -A U.S. market rally in equities and bonds in November led global hedge funds to post their best monthly performance since January, although it caused losses to be[...]
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December 7, 2023
U.S. household net net worth falls for first time in a year
(Reuters) -U.S. household wealth fell to roughly $151 trillion in the third quarter, pulled down by a drop in the value of stocks which more than offset a half-trillion rise in the value of property p[...]
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Column-The next big thing in retirement benefits might be the oldest: a traditional pension
By Mark Miller (Reuters) – IBM may have just kicked off the next big trend in the world of employee retirement benefits. Big Blue made headlines recently when it announced plans to end its 401(k[...]
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Hedge fund Kintbury takes short position in BT
By Nell Mackenzie LONDON (Reuters) -Ex Millennium trader and founder of hedge fund Kintbury Capital, Chris Dale, says he is short British telecommunications company BT. Dale told attendees at the Sohn[...]
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Wall Street bank bosses warn lawmakers of economic toll from new rules
By Pete Schroeder, Michelle Price and Lananh Nguyen WASHINGTON (Reuters) -The top bosses of JPMorgan, Morgan Stanley, Goldman Sachs and other major banks warned on Wednesday that capital hikes and oth[...]
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