Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:54
Italy Survives Fitch Judgment in Boost for Meloni Before Moody’s
Italy retained a credit assessment two notches above junk from Fitch Ratings, a vote of confidence in the
2023-05-13 05:59
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:50
Hedge Fund Trade With a History of Blowups Is Back Again
Hedge funds looking to profit from dislocations in the US Treasury market appear to be playing with the
2023-05-13 05:24
US Bank Lending Retreated During Week of First Republic Failure
US loans and deposits fell slightly in the chaotic first week of May when First Republic Bank collapsed
2023-05-13 04:53
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
2023-05-13 04:27
Gas Drilling Collapses in US at Fastest Rate in Seven Years
The US natural gas industry is pulling back on exploration at the fastest pace in seven years amid
2023-05-13 02:50
Crypto ETFs Are Year’s Best Performers But Only Lure $12 Million
Not even 2023’s eye-watering rallies can lure badly burned exchange-traded fund investors back to crypto after last year’s
2023-05-13 02:49
California’s Newsom Sees Budget Deficit Deepening to $32 Billion
Governor Gavin Newsom said California is facing a $32 billion budget deficit, a deeper hole than previously projected,
2023-05-13 01:57
Biden’s Power-Plant Climate Plan Gives Utilities Time to Clean Up Their Act
The Biden administration’s latest plan to slash planet-warming pollution gives electric utilities years to clean up US coal
2023-05-13 00:56
US equity funds see massive outflows on debt ceiling worries
U.S. equity funds faced huge outflows in the week ended May 10, on caution over the U.S. debt
2023-05-13 00:54
Lawsuit Targeting Shell Board Over Climate Failures Thrown Out
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks.
2023-05-12 23:16