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Leopold Aschenbrenner's $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.
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Bond investors don't understand how Fed Chair Kevin Warsh's pledge to restore stable prices squares with inaction on interest rates.
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Trimmed mean measures are painting a different picture than the headline numbers.
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Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
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Apple stock falls on weak revenue forecast as CEO Tim Cook flags 'increasing impact' from memory shortage finance.yahoo.comTim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood' in memory chip pricing finance.yahoo.comApple stock sinks 10% after Tim Cook warns of ‘100-year flood' in memory prices New York PostApple earnings takeaways: Weak forecast, supply concerns overshadow sales beat in Cook's last report as CEO
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Loyalty to Trump Proves a Double-Edged Sword for Attorney General Nominee The New York TimesTrump further muddies Blanche negotiations, saying he wishes ‘anti-weaponization' fund weren't dead CNNTrump considers pulling Todd Blanche's attorney general nomination as senators hold out BBCSenate Republican warns Trump against delaying Blanche nomination: ‘This place could be very different' The Hill
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Oil price rises after Iran says it stops ships in Hormuz reuters.comIran strikes tankers under US escort in Hormuz strait as Trump gathers cabinet to discuss war theguardian.comOil prices rise after Iran says it attacked two tankers transiting Strait of Hormuz CNBC
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The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.
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Top utility fought ‘aggressively' to outbid data centre developer for control of West Virginia facility
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The 30-year fixed-rate mortgage reached 6.66% on average Thursday.
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