Elite investor John Paulson claims in a new lawsuit that his ex-business partner duped him out of millions to fund Louis Vuitton shopping sprees and Las Vegas parties

Tech Insider
FILE - John Paulson attends a meeting of the Economic Club of New York in New York, on Nov. 12, 2019. Ten years after receiving it, New York University publicized a $100 million gift from the hedge fund leader Paulson. (AP Photo/Seth Wenig, File)
Billionaire hedge fund manager John Paulson.

Seth Wenig/AP Photo

'Wolf in cashmere' Bernard Arnault loses his slot as the world's 2nd-richest man to Jeff Bezos as LVMH stock slips

Tech Insider
Bernard Arnault
LVMH founder Bernard Arnault.

Tefano Rellandini/Getty Images

US stocks rise amid diplomatic efforts to ease the Israel-Hamas conflict

Tech Insider : Crypto
Biden
President Joe Biden.

AP Photo/Patrick Semansky

The Strategic Petroleum Reserve 'would be harder to use,' and the only buffer for oil markets is Middle East production, energy expert says

Tech Insider
Saudi oil production

Marwan Naamani/AFP via Getty Images

More freight carriers are exiting the market as soaring diesel prices drag on truckers

Tech Insider : Economy
Trucking and freight downturn to continue in 2024, Motive said
The freight recession will continue into 2024, a new report from Motive said.

DanielIngelhart/Getty

The odds of a year-end rally in the stock market are dwindling, Morgan Stanley's top equity strategist says

Tech Insider
mike wilson morgan stanley bloomberg tv

Bloomberg TV

India's government is getting more uncomfortable buying Russian oil with Chinese yuan, putting payments in limbo

Tech Insider
Oil terminal ship in Russia

papa1266/Getty Images

Bitcoin briefly spiked 10% after a false report said the SEC approved BlackRock's spot bitcoin ETF

Tech Insider : Crypto
Crypto

NurPhoto / Contributor

Treasury bond buyers are increasingly households - and they could help keep a lid on yields

Tech Insider
Picture shows the U.S. Treasury Department building at dusk in Washington.
US Treasury Department.

Patrick Semansky/AP

Gold opens up an early lead over the dollar and US Treasurys as Hamas' attack on Israel pushes investors toward safe havens

Tech Insider
rows of gold bars
Gold has outperformed other safe havens since Hamas attacked Israel.

Doug Armand/Getty Images

Subscribe to mi-exclusive