trading
Jim Simons-founded hedge fund makes millions after boosting stake in GameStop before meme-stock rally: filing
Renaissance Technologies, the quantitive hedge fund firm founded by the late investor Jim Simons, bought just over 1 million shares of GameStop, according to a securities filing.
GameStop stock surges more than 110% as 'Roaring Kitty' makes surprise comeback with cryptic post
Roaring Kitty, whose real name is Keith Gill, posted a popular meme that shows a man leaning forward in his chair while holding a video game controller.
Ex-members of Congress gripe about $174K salary, cost of living in DC: 'It's very difficult'
Ex-members of Congress griped to the New York Times about the cost of living in the nation's capital on their $174,000 annual salaries, while acknowledging how many of their constituents...
Tottenham Hotspur billionaire owner admits to giving lover, pilots illegal stock tips they used to make millions
The 86-year-old investment magnate — whom a spokesman said was "deeply sorry" and "embarrassed" — pleaded guilty in Manhattan federal court to securities fraud and conspiracy charges.
Morgan Stanley nears deal to pay as much as $300M to settle stock sales probe: report
The penalty will be divided between the Justice Department and the Securities and Exchange Commission and would not include any criminal charges against the bank.
Nancy Pelosi's huge portfolio gains again make the case for banning stock-trading in Congress
Rep. Nancy Pelosi's stock portfolio showed gains of 65%, raising the question of why members of Congress are still allowed to trade at all.
Goldman executive who earned more than $100M since 2020 to 'retire' after clashing with CEO David Solomon: report
Ed Emerson -- a 47-year-old trader who leads Goldman's commodities business and whose pay exceeded Solomon's $77.5 million during the same three-year period -- is set to "retire" from his...
‘Dumb Money’ and dumber: Billionaire Ken Griffin freaking out ahead of movie release
“The movie really isn’t about him,” a source said about Griffin. “He assumes he can control everything.”
Google parent Alphabet dumps 90% of its stake in struggling Robinhood trading app
Following the sale, Alphabet now owns 612,214 shares in the company, worth about $7 million.
Robinhood to slash 7% of full-time workforce in latest layoffs
Robinhood is cutting about 7% of its full-time staff, which will affect about 150 workers. It's the investing app's third round of layoffs since April 2022.
The scathing letter sent to NFL, NBA, MLB execs over Panini's alleged 'racial injustice'
"There are virtually no Black executives at the senior level," the social activist, known for organizing the Women's March, alleges of the memorabilia company.
Trump returns to Instagram to market his NFT trading cards
The former president celebrated his first post in 118 weeks by announcing a "SERIES 2" of his digital cards.
Goldman Sachs lost $200M in recent US banking chaos: report
Goldman’s losses coincided with increases in bond prices.
Goldman Sachs CEO David Solomon fends off attacks over consumer banking flop
Solomon, who recently laid off more than 3,200 workers in what was dubbed "David's Demolition Day," was pounded with questions from Wall Street analysts about the bank's struggles.
SEC takes new shot to pass trader conflict rule tabled after 2008 crisis
The rule is among the last to be adopted under the landmark Dodd Frank Wall Street reform legislation of 2010.
Report proves Congress 'long overdue' to ban stock trading: Dem rep
Rep. Abigail Spanberger told The Post that it's past time for Congress to approve her bill banning fellow members and their families from trading stock.
Donald Trump's NFTs sold out in a day, doubled in value
All 45,00 of the former president’s NFTs — which depict him as everything from a superhero to an astronaut — had sold Friday afternoon, with most valued at $230, up...
Wall Street banks to slash bonuses up to 30% as slowdown looms: reports
Premier banks on Wall Street -- JPMorgan, Bank of America and Citi -- are planning to cut bonus pools as much as 30% as the economy tightens and layoffs loom.
'It's going to be a difficult year:' Wall Street bonuses expected to plunge 45%
Wall Street payouts are expected to plummet by as much as 45% as financiers face economic headwinds and a looming recession, according to new data from compensation consulting firm Johnson...
Nancy Pelosi has accrued millions from husband's trades: report
House Speaker Nancy Pelosi's net worth has swollen by $140 million since the 2008 financial crisis, partially due to her husband's success in trading, according to a new report.