How Hedge Funds Attract, Retain Top Talent: IDW Group’s Ilana Weinstein Explains

The hedge fund industry’s biggest stars are looking beyond money when they plot their career moves, according to IDW Group founder and Chief Executive Officer Ilana Weinstein. After a year or two... Read more »

This strategist says ‘old economy’ industrial and energy names will win in 2024

The stock market is starting to show signs of a “leadership rotation,” meaning that some previously overlooked sectors hold promising investment opportunities — including some notably “old economy” stocks — according to... Read more »

Wall Street Just Doesn’t Get It on Retirement

As a retirement economist — not to be confused with a retired economist, which are rare — I often find myself talking to Wall Street types who happen to be in charge... Read more »

Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push... Read more »

Time running out for rate cuts, Jim Bianco warns before Fed meeting

The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on... Read more »

Bitcoin may lose its reputation as a volatile asset. Here’s why

Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade. “What’s... Read more »

Cathie Wood’s ARK Is Making a Mark After HQ Move From NYC to Florida

Cathie Wood is a lot of things to a lot of people in St. Petersburg, Florida. Her Ark Investment Management is the lead tenant on a state-of-the-art startup incubator. She’s partnered with... Read more »

Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners

JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David Faber has learned. Dimon gave the following statement on Iger to Faber:... Read more »

Five Things You Need to Know to Start Your Day: Americas

Good morning. Stocks struggle for direction after another record day on Wall Street and Ken Griffin becomes the latest big hitter to tell the Fed to move cautiously on rate cuts. Here’s what’s... Read more »

Japan’s market is hitting record highs. What to know about the rally and how to play it

U.S. equities aren’t the only ones on a bull run — the Japanese stock market is also enjoying an upward climb. Last week, Japan’s benchmark Nikkei 225 Index hit its highest level... Read more »

DOJ opens investigation into Alaska Airlines incident of door panel blowing out midair, WSJ says

An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024. Daniel Slim | Afp | Getty Images The Justice Department... Read more »

Goldman sees this stock market tailwind growing to $1 trillion in 2025

S & P 500 share repurchases could make a comeback in 2024 with the help of the Magnificent 7, according to Goldman Sachs. The firm estimates S & P 500 constituents will... Read more »

Stocks making biggest moves after hours: NVDA, ETSY, RIVN, LCID

Check out the companies making headlines in extended trading. Nvidia — The chip giant saw shares climb more than 8% in after-hours trading on the back of record quarterly revenue driven by... Read more »

Wall Street Bank Moelis Bet Big on Middle East. It’s Now Cashing In

In a low-key second-floor office in the heart of Dubai’s bustling financial center, bankers working for Moelis & Co. are busier than ever — so much so that the firm has had... Read more »

Nvidia earnings, Fed minutes on deck next week as Wall Street assesses interest rate outlook

Wall Street’s biggest AI darling is about to report earnings next week, and the results may show whether the mega-cap fueled market rally is justified as investors deliberate the path forward for... Read more »

What Is Goldman Sachs CEO Paid? David Solomon Gets $31 Million for 2023 (GS)

Goldman Sachs Group Inc. boosted David Solomon’s compensation 24% to $31 million for a year when earnings slumped at the Wall Street giant. The board lifted the chief executive officer’s pay after... Read more »

Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel

Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse,... Read more »

Taylor Swift will lead to more Super Bowl betting, especially at one sportsbook: analyst

Penn Entertainment’s ESPN Bet sports betting service could prove to be a winner at the Super Bowl on Sunday — helped by the Taylor Swift effect, according to Bank of America. “While the... Read more »

Oil stocks should be popular like semis, but no one cares: VanEck CEO

Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal. “The [oil]... Read more »