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The Citigroup division beset by sexual-harassment claims was also the worst performer among big banks

Sun, 03/24/2024 - 16:30

Tech Insider

citi citigroup — A culture of harassment and discrimination reportedly plagues Citigroup's equities-trading division.
REUTERS/Brendan McDermid

finance, Citigroup, Trading, Equities, hedge-funds, sexual-harassment, Discrimination

Tim Cook, Steve Ballmer and Jamie Dimon are among the few US billionaires who didn't found a company or inherit a fortune

Thu, 02/08/2024 - 08:09

Tech Insider

Tim Cook, Steve Ballmer and Jamie Dimon — Tim Cook, Steve Ballmer and Jamie Dimon all became rich by climbing the corporate ladder.
Getty Images

finance, finance, Tech, Wealth, Billionaires, rich-list, tim-cook

Stocks will drop, soaring US debt is worrying — and Elon Musk is overpaid, says elite investor Leon Cooperman

Wed, 02/07/2024 - 08:21

Tech Insider : Economy

Leon Cooperman — Leon Cooperman.
Rick Wilking/Reuters

Markets, economy, mi-exclusive, Markets, Stocks, leon-cooperman, omega-advisors

Inside the company that calls itself 'Moneyball-plus'

Sun, 01/28/2024 - 06:00

Tech Insider : Economy, Sports, Sports

Michael Schwimer posing during photo shoot on baseball field at Bullis School. — "I'm a believer in capitalism," says Michael Schwimer, who founded Big League Advantage to cash in on the future earnings of teenage athletes.
Simon Bruty/Sports Illustrated via Getty Images

economy, Investing, Discourse, finance, Media, Sports, Baseball

Democrats want to kick hedge funds out of the the housing market to improve affordability

Fri, 12/08/2023 - 13:23

Tech Insider

New York Stock Exchange, Wall St, New York, USA. — New York Stock Exchange, Wall St, New York, USA.
Getty Images

Real Estate, Markets, housing-market, Democrats, Affordability, mortgage-rates, hedge-funds

Average homebuyers are beating out Wall Street landlords

Wed, 11/29/2023 - 05:42

Tech Insider : Economy

A homebuyer pulls the welcome mat from under a wall street investor. — Deep-pocketed investors bought lots of homes during the pandemic, drawing the ire of regular homebuyers and lawmakers. But the panic over corporate vultures obscures the real problems in the housing market.
Chelsea Jia Feng/BI

Real Estate, economy, finance, Markets, Discourse, real-estate, wall-street

A hedge fund exec is funding hunts for treasures in shipwrecks at the bottom of the ocean

Sat, 11/18/2023 - 04:11

Tech Insider

Shipwreck — REUTERS/Antonio Bronic

finance, Tech Insider, trending-uk, finance, hedge-funds, Robots

Tech billionaire Michael Dell mocks old foe Carl Icahn about his holding company's plunging stock price

Thu, 11/16/2023 - 07:47

Tech Insider

Dell Icahn — Michael Dell took shots at his longtime foe Carl Icahn Tuesday.
Diego Donamaria/CNBC/Getty Images

Markets, mi-exclusive, Markets, Stocks, michael-dell, carl-icahn, hedge-funds

Nvidia is the best performing S&P 500 stock in 2023. These hedge funds sold shares last quarter to take profits.

Wed, 11/15/2023 - 14:21

Tech Insider

Nvidia — Jensen Huang, CEO of NVIDIA, speaks during a press conference at the Computex 2023 in Taipei on May 30, 2023.
SAM YEH/AFP via Getty Images

Markets, mi-exclusive, stock-market, nvidia, nvidia-stock, nvidia-stock-price, 13f-filings

Billionaire hedge fund boss Ken Griffin says remote working makes it easier for companies to fire people

Wed, 11/15/2023 - 05:46

Tech Insider

Ken Griffin — Citadel founder Ken Griffin has spoken out against remote working.
Vernon Yuen/Getty Images

finance, News, trending-uk, ken-griffin, return-to-office, remote-working, RTO

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