Citadel CEO Ken Griffin, a billionaire and major Republican campaign donor, gave $5 million to a political action committee backing former South Carolina Gov. Nikki Haley over Donald Trump in the GOP primary for president, according to his company spokesman. Griffin wrote the seven-figure check in January to the SFA Fund, a super PAC that … Read more
U.S. President Joe Biden delivers remarks at the St. John Baptist Church in Columbia, South Carolina, on Jan. 28, 2024. Kent Nishimura | AFP | Getty Images The White House cheered the Conference Board report on Tuesday showing consumer confidence rising to its highest level in more than two years. “Under President Biden’s agenda for … Read more
Attorney Roberta Kaplan delivers her closing argument during E. Jean Carroll’s second civil trial as Carroll accused former U.S. President Donald Trump of raping her decades ago, at Manhattan Federal Court in New York City, U.S., January 26, 2024, in this courtroom sketch. Jane Rosenberg | Reuters E. Jean Carroll’s lawyer on Tuesday rebutted a … Read more
The Carnival Radiance cruise ship at the Avalon, California, harbor on May 19, 2023. Aaronp/bauer-griffin | Gc Images | Getty Images Carnival announced Tuesday it would reroute cruise itineraries for a dozen ships scheduled to transit the Red Sea as tensions rise in the Middle East. “Given recent developments and in close consultation with global … Read more
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, one … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024. Brendan Mcdermid | Reuters Geopolitical risks may be mounting, but stocks are still the “asset class of choice,” according to Beat Wittmann, partner at Porta Advisors, who also said the outcome of the U.S. election … Read more
Fahmi Quadir, chief investment officer and founder of Safkhet Captial LP, speaks during the Context Leadership Summit in Las Vegas, Nevada, U.S., on Wednesday, May 9, 2018. Bridget Bennett | Bloomberg | Getty Images WASHINGTON — Short seller Fahmi Quadir has found her new target: The $2 billion market cap Adtalem Global Education, a publicly … Read more
Pakistan’s former Prime Minister Imran Khan, gestures as he speaks to the members of the media at his residence in Lahore, Pakistan May 18, 2023. Mohsin Raza | Reuters Former Prime Minister of Pakistan Imran Khan has been sentenced to ten years in jail on charges of leaking state secrets, his party Pakistan Tehreek-e-Insaaf (PTI) … Read more
U.S. President Joe Biden, center, signs the CHIPS and Science Act of 2022 on the South Lawn of the White House in Washington, D.C., on Aug. 9, 2022. Mandel Ngan | AFP | Getty Images The Biden administration on Monday announced more than $150 million in geographically targeted federal investments, part of the National Science … Read more
The U.S. Department of Justice in Washington, D.C., June 20, 2023. Kevin Dietsch | Getty Images News | Getty Images The Department of Justice on Monday announced criminal charges against two people and the guilty plea of a third person for orchestrating a worldwide $1.9 billion cryptocurrency Ponzi fraud scheme known as HyperFund, among other … Read more
