Melvin Capital says it is returning money to investors and is winding down its funds amid market turmoil.
CNBC reported that Melvin Capital Management, the hedge fund burned by the GameStop mania, will…
As Major Indexes Notch Weekly Losses, Dow Tumbles 300 Points And Nasdaq Falls 2%
Stocks in the United States fell on Friday to finish the week lower as investors…
A Goldman deal maker behind Apple and General Motors cards has left to join iCreditWorks
According to CNBC, a Goldman Sachs executive who closed some of the largest credit card…
House sends infrastructure bill with crypto tax provision to U.S. president.
The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a…
St. Louis Fed’s Bullard says the central bank should raise rates above 3% this year.
On Friday, St. Louis Fed President James Bullard said he thinks the central bank should…
S&P Dow Jones is removing Russian stocks from indexes, stripping the country of the emerging market status
Index giant S&P Dow Jones Indices said Friday it is removing all stocks listed and…
Goldman Sachs crushes analysts’ estimates on strong investment banking and trading results.
Goldman Sachs posted Friday third-quarter results that exceeded analysts' expectations, as investment banking revenue surged…
SEC is investigating Archegos for potential market manipulation.
The U.S. Security and Exchange Commission (SEC) is examining the collapse of Bill Hwang's Archegos…
ICI SAYS MOST RETIREMENT PLANS HAVE NOT BEEN TOUCHED DESPITE THE PANDEMIC.
The Investment Company Institute (ICI) is a global association of regulated funds, including mutual funds,…
Facebooks forecast disrupts tech recovery as U.S. stocks-Wall St. Falls.
On Thursday, U.S. shares fell, with the Nasdaq diving more than 2%, as Facebook-owner Meta…