Archive

Michael Dell Gives $6.25 Billion to Launch ‘Trump Accounts’ for 25 Million Kids

In an unprecedented philanthropic gift, Michael and Susan Dell will give 25 million American children $250 each to jumpstart an investment account for their futures.

In an unprecedented philanthropic gift, Michael and Susan Dell will give 25 million American children $250 each to jumpstart an investment account for their futures.

In a crisis, Strategy stacks dollars

In a crisis, Strategy stacks dollars

A $1.44bn dividend reserve raises new concerns for shareholders of the bitcoin treasury company

Epiris Fund III to Acquire Winterflood Business Services from Marex Group

Epiris Fund III, advised by Epiris LLP, has entered into an agreement to acquire Winterflood Business Services (WBS) from Marex Group plc. Financial terms of the transaction have not been disclosed, but the deal marks a significant move in the UK wealth management sector, with WBS continuing to operate under its current leadership.

Kenyan Lawmakers Accuse British Army of Murder, Sexual Assault

Soldiers from the British Army allegedly committed crimes including rape, sexual assault and murder while training in Kenya, according to a parliamentary probe in the East African nation.

Soldiers from the British Army allegedly committed crimes including rape, sexual assault and murder while training in Kenya, according to a parliamentary probe in the East African nation.

BOE Warns of Growing Risks From Hedge Fund Basis Trades

The Bank of England is warning about growing risks from a profitable fixed-income hedge fund strategy known as the basis trade, calling on market participants to manage their risk taking to avoid a disruptive unwinding of trades that could prompt volatility in gilts.

The Bank of England is warning about growing risks from a profitable fixed-income hedge fund strategy known as the basis trade, calling on market participants to manage their risk taking to avoid a disruptive unwinding of trades that could prompt volatility in gilts. Hedge fund net gilt repo borrowing — where they borrow cash by pledging gilts as collateral — reached close to £100 billion ($132 billion) in November, the central bank said Tuesday, the...

Vale Cuts Estimate for 2026 Iron Ore Production as Supply Grows

Vale SA, one of the world’s top iron ore suppliers, cut its forecast for output of the steelmaking staple in 2026, as global demand cools and new supply from Africa comes online.

Vale SA, one of the world’s top iron ore suppliers, cut its forecast for output of the steelmaking staple in 2026, as global demand cools and new supply from Africa comes online.

Stifel to Cut London-Based Equities Trading Staff in UK Pullback

Stifel Financial Corp.

Stifel Financial Corp. has told staff it plans to shut its UK-based equities trading business, according to people familiar with the matter.

Stifel Cuts London-Based Equities Trading Staff in Pullback

Stifel Financial Corp.

Stifel Financial Corp. has told staff it plans to shut its UK-based equities trading business, according to people familiar with the matter.

See Risks of US Economy Being Weaker Than Expected, JPMorgan's Peters Says

Despite record AI capex spending and increased spending by high-income consumers, there is a risk that below the surface that the US economy is weaker than we think, says Grace Peters, Co-Head of Global Investment Strategy at JPMorgan Private Bank.

Despite record AI capex spending and increased spending by high-income consumers, there is a risk that below the surface that the US economy is weaker than we think, says Grace Peters, Co-Head of Global Investment Strategy at JPMorgan Private Bank. Peters says data points including rising youth unemployment, could be a cause for a December Fed cut. However, with 2026 set to bring tax rebates and tax breaks from the "One Big Beautiful Bill Act,"...

ISS Shares Plunge After Hong Kong Launches Apartment Fire Probe

ISS A/S shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on Nov.

ISS A/S shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on Nov. 26.

ISS Plunges After Hong Kong Launches Apartment Fire Probe

ISS A/S shares slumped amid concerns over the Danish facility management company’s role in the renovation of a Hong Kong apartment complex where a deadly fire broke out on Nov.

ISS A/S shares slumped amid concerns over the Danish facility management company’s role in the renovation of a Hong Kong apartment complex where a deadly fire broke out on Nov. 26.

Wacker Neuson Is Said to Draw Takeover Interest From Doosan

German construction equipment maker Wacker Neuson SE has attracted takeover interest from suitors including South Korea’s Doosan Co.

German construction equipment maker Wacker Neuson SE has attracted takeover interest from suitors including South Korea’s Doosan Co., according to people familiar with the matter.

‘The card served its purpose’: It’s time to cancel our Chase Disney Visa credit card. What’s our next card for middle age?

“We’d like to move on to another credit card for the benefits.

“We’d like to move on to another credit card for the benefits.”

Robo-Adviser Wealthfront, Backers Seeking $485 Million in IPO

Wealthfront Corp.

Wealthfront Corp. and some of its shareholders are seeking to raise $485 million as the robo-advisory firm seeks to go public.

Why Wall Street Thinks Prediction Markets Are Here to Stay

Survey respondents see the line between gambling and investing getting thinner and point to a role for regulation.

Survey respondents see the line between gambling and investing getting thinner and point to a role for regulation.

Gold, silver and copper are reaching record highs together for the first time in 45 years. Here’s why more gains could follow.

Some factors driving metals prices higher in 2025 are similar to those back in 1980, strategists say.

Some factors driving metals prices higher in 2025 are similar to those back in 1980, strategists say. But a few important differences could offer clues about what is coming next.

Milei’s Election Battle Leaves Argentina’s Banks at Five-Year Low

Banks in Argentina saw their worst results since the pandemic amid President Javier Milei’s fierce push to tame the currency before midterm elections.

Banks in Argentina saw their worst results since the pandemic amid President Javier Milei’s fierce push to tame the currency before midterm elections.

Bulgarian Police Detained 71 People After Monday Rally Clashes

Bulgarian police detained 71 people overnight after brief but violent clashes following the country’s biggest protests in more than a decade.

Bulgarian police detained 71 people overnight after brief but violent clashes following the country’s biggest protests in more than a decade.

Bulgarian Premier Vows to Keep Office Through Euro Adoption

Bulgaria’s prime minister refused to resign despite mass protests, saying that his country needs stable government as it prepares to adopt the euro in less than a month.

Bulgaria’s prime minister refused to resign despite mass protests, saying that his country needs stable government as it prepares to adopt the euro in less than a month.

Trump-style regime change in Venezuela

Conducting foreign policy, let alone war, by meme is dangerous and foolish.

Conducting foreign policy, let alone war, by meme is dangerous and foolish