Housing market trend raises red flags
Investors purchased a record 26.1 percent of low-priced U.S. homes in the fourth quarter, and 18.5 percent of all homes sold.
Sinema Slammed Over Deal to Pass Inflation Reduction Act, Keep Tax Loophole
Senator Kyrsten Sinema agreed to back the Inflation Reduction Act on the condition that a $14 billion tax break for wealthy hedge fund managers be preserved.
Remote Work Stifles Innovation and Creativity, Top Hedge Funder Says
"Innovation and creativity fall in a remote workforce," the billionaire CEO of Citadel, Ken Griffin, said Thursday.
David McCormick Resigns From Hedge Fund Ahead of Likely Run for U.S. Senate
McCormick has not formally announced his candidacy, but he has aired at least two television commercials in Pennsylvania and bought a house in Pittsburgh.
St. Louis, Omaha Newspapers Eyed for Purchase by Alden Capital Hedge Fund
Alden Global Capital, one of the country's largest newspaper owners known for cutting costs, has offered to buy local newspaper chain Lee Enterprises.
The Secret Is, "Everybody Gets Rich Except the People Who Put Money In"
How hedge funds and private equity firms exploit workers' retirement savings.
SEC Says "Meme-Stock" Surge This Year Didn't Broadly Affect Hedge Funds
Report on "meme-stock" surge has suggested the extreme trading in GameStop this year won't require system changes.
Tribune Unions: Sale of Papers Puts 'Profit and Greed Over Local News'
A hundred newspapers and 200 publications already under Alden's ownership have suffered devastating cuts to newsrooms, a reality the guilds representing Tribune employees pledge to fight.
GameStop's Meteoric Rise Highlights Hedge Funds' Risky Short Selling Game
Short selling stocks is an inherently risky bet due to the nature of the transaction. So why were there tens of billions of dollars invested in short positions in 2020 if the bets carry an added layer of risk for both retail investors and hedge funds?
The Villain in the Deadliest Nursing Home Scandal Is Wall Street, Not Cuomo
Nursing homes owned by private equity are associated with lower staffing levels, more frequent citations for health and safety violations, and shortages of supplies like ventilators and PPE due to pressure to cut costs.
What Is 'Payment for Order Flow'? Robinhood CEO Talks PFOF in Hearing
"PFOF" came up in Thursday's House Financial Services Committee hearing, which is centered on the recent frenzy over GameStop's stocks.
Read Reddit and Robinhood CEOs' Prepared Statements From GameStop Hearing
Remarks from Robinhood's Vlad Tenev, Reddit's Steve Huffman and more witnesses were all made available online ahead of Thursday's hearing.
How to Watch, Live Stream Robinhood and Reddit CEOs Testify About GameStop
They're participating—along with key figures from two separate hedge funds—in a virtual hearing that begins at noon ET on Thursday.
Jordan Belfort Recreates Famous 'Wolf of Wall Street' Scene—About Robinhood
The real-life "Wolf of Wall Street" made some small adjustments to Leonardo DiCaprio's famous "I'm not leaving" monologue from the 2013 film, to address traders frustrated by limitations put on the trading of meme stocks.
GameStop-Gate: What Did Robinhood Do Exactly—and Why?
The story behind the war between the hedge funds and the day traders over GameStop. And the sordid tale of Jeffrey Epstein continues.
Mets Owner Says Family Received 'Threats' Leading to Twitter Departure
Steve Cohen had faced criticism from amateur traders and others amid the GameStop/Robinhood stock market debacle.
The GameStop Saga Proves Populism is Here to Stay
A common view is that these authority figures look after their own interests only. This feeling has been especially strong since the 2008 financial crisis.
Jordan Belfort Calls Hedge Fund Complaints About GameStop Stock 'Laughable'
"I think it's laughable for the hedge funds to cry foul after they do this every single day on a daily basis," Jordan Belfort said Friday about the recent GameStop stock activity.
Individual Investors Using GameStop to Game the System Risk Losing It All
For many retail investors, Fear of Missing Out will mean lights out for their portfolio if they bought GameStop at an inflated price and hold the shares long-term.
Trevor Noah Mocks Wall Street, Says They Can Cry on Their Yachts
"I think it's funny when Wall Street doesn't like when somebody Wall Streets them," Noah joked on Wednesday.
GameStop Stock Update as Reddit Investors Continue War With Wall Street
The White House and U.S. Securities and Exchange Commission are "monitoring" the latest developments around GameStop's stock surge.
How Instagram Can Help Hedge Funds Make Better Trades
The photo-sharing site is bringing a new, unintended dimension to how data firms can measure product popularity and decide where to invest.
How will AI hit hedge funds and asset-management firms?
Robots and Artificial Intelligence taking people's jobs is a well-worn narrative. But an equally worrying trend in the age of big-data concerns is access to information, which in the world of capital markets decides who makes money and who doesn't.
How to Manage Money: The Hedge Fund Shaking Things Up
Numerai has established the highest paid data science competition in the world.
Tech Guru Wes McKinney Pushes Big Data Interoperability
The data scientist highlights the benefits of a hybrid environment in improving the speed of analysis.
Why Hedge Funds Could Benefit From Open-Sourcing
"Open sourcing things is really one way of raising a virtual flag above the office."
Open Source Software May Help Level Financial Analytics
Even secretive hedge funds are making their software open source.
Wall Street Could Gain Control of Retirement Savings
Private equity titans, including possible future Treasury Secretary Tony James of Blackstone, are promoting a plan that would let the financial industry control hundreds of billions of dollars of retirees' savings.
Wall Street: Greed's Not Just Good, It's Essential
'The Big Short', 'Billions' and our complex love-hate affair with the financial industry.
Hedge Fund Women—The Real Numbers
As of 2015, less than 2 percent of hedge funds were run or owned by women—about 150 to 200 globally.