Elite hedge funds are in a pitched battle for the world’s top traders. The price tag for a young stock picker can now top $100 million. www.wsj.com/finance/inve...
Elite hedge funds are in a pitched battle for the world’s top traders. The price tag for a young stock picker can now top $100 million. www.wsj.com/finance/inve...
the pacers when the other team has a 99% or better win probability in the final three minutes
Despite wins under Trump, the crypto world is wary of becoming too politicized. Bitcoin’s biggest gathering is becoming “a right-wing rally,” said one attendee. www.wsj.com/finance/curr...
WSJ: “.. Nearly $1 in every $7 the U.S. spends goes toward paying interest, more than the country spends on defense.”
@wsj.com
www.wsj.com/politics/pol...
The parallel banking world known as “private credit” is booming. Giants like Apollo and Blackstone have harnessed huge pools of insurance money to fuel their lending and now they want to tap into your 401(k) savings. www.wsj.com/finance/inve...
Goldman Sachs tells countries that tariff negotiations aren’t all about trade. The bank advised South Africa’s president to scale back a law meant to address racial disparities because Trump had described it as a human rights violation. www.wsj.com/finance/gold...
During this month’s market turmoil, professional investors headed for the exits while individuals held steady. It’s upending Wall Street’s conventional wisdom. www.wsj.com/finance/inve...
“He isn’t slick…he’s charming in a dorky way.” The Morgan Stanley star who is now the White House’s “America First” dealmaker. www.wsj.com/finance/mich...
“According to people who consult with Chinese officials, Beijing’s recent statement that it is done with tit-for-tat tariff responses signals that it might be moving to other, noneconomic methods.” www.wsj.com/world/china/...
How Treasury Secretary Scott Bessent, a Wall Street veteran, embraced MAGA’s pro-tariff populism and made one of the highest-stakes gambles in modern political and economic history.
www.wsj.com/politics/pol...
As tariffs roil markets, Wall Street’s elite bank CEOs aren’t in contact with the White House to the extent they have been during past disruptions — and when they are, they sense their opinions don’t carry weight. www.wsj.com/finance/bank...
BlackRock CEO Larry Fink was a Republican punching bag derided as a woke capitalist. Then he delivered Trump a big geopolitical win. WSJ goes deep on a finance titan who always stays close to power. www.wsj.com/finance/inve...
Exclusive: The Trump family has struck a deal to get into bitcoin mining, part of its all-out push into every corner of crypto. www.wsj.com/finance/curr...
The aftermath of Arnold Haro’s death illustrates, in the extreme, the lack of boundaries in the meme coin world: It is a place where anything can be turned into a coin—even a horrific tragedy. @KevinTDugan on crypto’s darkest corner. www.wsj.com/finance/arno...
“To the surprise of staff, after Trump’s order, a big bouquet of flowers arrived at the firm’s headquarters in Seattle. The anonymous gift had a note signed by the “American people” that read: “Thank you for everything you do.” www.wsj.com/politics/pol...
Selling a home right now is a vastly different experience for people depending on where you live in the U.S. @VeronicaDagher on how and why regional disparities are so pronounced in the housing market. www.wsj.com/economy/hous...
Um, this sounds like the plot of a Seth Rogen movie:
The Atlantic's editor was copied into a Signal group chat in which top Trump officials were discussing an impending military attack. www.theatlantic.com/politics/arc...
“It was very likely that our firm would not be able to survive a protracted dispute with the Administration.” www.wsj.com/us-news/law/...
Why don’t board games with cards include rubber bands to store the cards neatly? Discuss.
Here's the full email. Feinman's term ended and he was not reappointed. The Commerce Dept. is still weighing how it will change BEAD, but its stated preference for a low-cost, "tech neutral" use of funds could mean billions more for satellite operators like Starlink.
The Trump administration’s chaotic mix of tariffs and government budget cuts has jolted everyday investors, leading them to question the assumption that they should buy and hold stocks on autopilot. www.wsj.com/finance/stoc...
One potential victim of Trump’s upending of the geopolitical order in a matter of weeks: the U.S. dollar. www.wsj.com/finance/curr...
Hedge funds usually like to take advantage of stock-market unrest. Lately, they have helped spread it instead. A great read on the hit some of Wall Street’s most sophisticated investors took in last week’s rout. www.wsj.com/finance/inve...
I wrote about how we've improbably entered a new golden age of TV shows about characters in their golden years, including A Man on the Inside, Hacks, Only Murders in the Building, and Matlock:
Behind the scenes, the company was also quietly dismantling a system to prevent the spread of misinformation. When the company announced on Jan. 7 that it would end its fact-checking partnerships, the company also instructed teams responsible for ranking content in the company’s apps to stop penalizing misinformation, according to sources and an internal document obtained by Platformer. The result is that the sort of viral hoaxes that ran roughshod over the platform during the 2016 US presidential election — “Pope Francis endorses Trump,” Pizzagate, and all the rest — are now just as eligible for free amplification on Facebook, Instagram, and Threads as true stories.
NEW: Meta has quietly dismantled the system that prevented misinformation from spreading in the United States. Machine-learning classifiers that once identified viral hoaxes and limited their reach have now been switched off, Platformer has learned www.platformer.news/meta-ends-mi...
Girls Are Losing Ground to Boys Now at School, Test Scores Show www.wsj.com/us-news/educ...
Inside the massive ‘Typhoon’ cyberattacks on U.S. infrastructure and telecom networks, which have underscored America’s shocking vulnerabilities to digital intrusions by Chinese hackers. Incredible reporting from a star-studded WSJ team. www.wsj.com/tech/cyberse...
Shaken and stirred: James Bond is stuck in a tug-of-war between the family that controls 007 and his new overlords at Amazon. www.wsj.com/business/med...
The $30 billion mega merger between two advertising giants marks a turning point for Madison Avenue: the creative side of the business, long the power center, is giving way to a future dominated by quants and AI. Behold the rise of the Math Men. www.wsj.com/business/med...
EVAN GERSHKOVICH IS BACK WHERE HE BELONGS — on the byline of a WSJ article.
So great to see Evan publishing stories again.
www.wsj.com/world/russia...