While the S&P is struggling to eek out some modest gains for the year in the last month of the year, for hedge funds 2018 has not only been a scratch, but also one the worst years since the financial crisis, as the following ...Read More

Many believe that the different sell-off episodes seen throughout 2018 were caused by these machines, as they act on immediate data releases, without taking the time to digest them as humans would. The daily volume of algo trading can change according to volatility. But ...Read More

Rep. Maxine Waters, famously referred to as “an extraordinarily low IQ person” by President Trump, is set to lead the House Financial Services Committee, which oversees the banking, financial sector and its regulators. Trump may regret his battle with Waters as she will soon ...Read More

SAN FRANCISCO (Reuters) – Tesla Inc said on Friday it had received a subpoena from the U.S. Securities and Exchange Commission over forecasts it made about Model 3 production in 2017, a set of targets the electric vehicle company failed to hit on time. ...Read More

When Charles Myers, the chairman of a financial advisory firm, hosted four relatively unknown Democratic congressional candidates at his Midtown Manhattan home last month, he netted more money than he can remember collecting from an event that wasn’t headlined by a presidential candidate. “More ...Read More

 which Barron’s recently declared the largest independent online financial adviser, is betting that the future of online investing includes a blend of robot and human advisers. And the plan is working, according to chief executive Jon Stein. However, incumbents like Vanguard have leveraged existing strengths to ...Read More

It is an image that became a symbol of the global financial crisis — about 20 bankers, their backs turned to the window, attending an emergency meeting at the London office of Lehman Brothers as the firm slid toward collapse. Gwion Moore, one of ...Read More