City New York, county Summit Financial News

05.12 / 01:13

markets Analysis economy Trade Experts show Asian stocks Asian stocks rise on Powell's bullish comments

global stocks hit a record with Jerome Powell’s bullish comments that supported risk assets. Currency traders remained on alert as the French government fell after a no-confidence vote. Shares in Japan and Australia rose, while equity futures in Hong Kong were slightly lower. US equity futures were little changed after Wednesday advances for the S&P 500 and tech-heavy Nasdaq 100 nudged a gauge of global stocks to a new high.

05.12 / 03:25

Election SpaceX stage blues Courts Interviews Editorial Jeff Bezos says he is 'optimistic' about a new Trump term and can help with cutting regulations

Amazon founder Jeff Bezos says he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming years

30.11 / 04:51

business Twitter elon Elon Musk tells advertisers trying to 'blackmail' X — ‘Go fuck yourself’

Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times.

25.10 / 13:15

UPS Citi Strategy Nov President Celebrity Women advisors are leading through collaboration

Catherine Seeber says it’s a great time to be a financial advisor.

18.10 / 01:09

UPS Digital DOW Fox stake Starboard pushes News Corp to sell REA Group stake

New York | Activist investor Starboard Value, which has built a position in News Corp, wants the Murdoch-family controlled media giant to separate its Australian real estate business.

01.12 / 12:45

Fried Sam FTX’s Sam Bankman-Fried says he didn’t know scale of bad Alameda bets

Sam Bankman-Fried said that he didn’t intend to commit any fraud or use customer funds to back leveraged bets that went wrong at Alameda Research, a cryptocurrency hedge fund attached to FTX that pushed the exchange to bankruptcy.

29.09 / 12:51

UPS Citi Future Billionaire Stan Druckenmiller Predicts Bright Future For Cryptos Amid Recession Forecasts

U.S. billionaire investor Stanley Druckenmiller believes that the crypto markets could experience a “renaissance” if central banks lose the trust of the public amid gloomy forecasts for the global economy.

28.09 / 22:03

Citi CEO NOT Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

Ken Griffin, Citadel's founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes.

28.09 / 17:24

Citi Lowe's Stanley Druckenmiller sees 'hard landing' in 2023 with a possible deeper recession than many expect

Billionaire investor Stanley Druckenmiller believes the Federal Reserve's aggressive tightening measures will tip the U.S. economy into a recession.

20.07 / 15:09

Forecast economics Galaxy Digital Bitcoin Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K

Bitcoin (BTC) and other hard assets will rise strongly in price as the world continues down a path of prolonged and high inflation, argued Mike Novogratz, founder and CEO of major financial services and investment management firm Galaxy Digital.

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