Finance
Cliff Asness’ AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesCliff Asness' longest running multistrategy fund at AQR Capital Management returned 18.5% last year,...
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Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500
Ken Griffin, Citadel at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Ken Griffin's various hedge fund strategies at...
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Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
A networking and hiring event for professionals of color in Minneapolis, MN. Michael Siluk | Getty ImagesThe unemployment rate for Black...
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Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK
CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023...
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Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs
Crypto investors are eagerly awaiting an imminent ruling from the U.S. Securities and Exchange Commission that will likely approve the...
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BYD’s five best-selling cars, including one edging out Tesla’s Model Y in China
BYD's new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000).CNBC |...
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State-run ‘auto-IRA’ programs aim to close retirement savings gap
Moyo Studio | E+ | Getty ImagesRoughly half of Americans don't have access to a workplace retirement plan — but...
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Fat Cat Thursday: UK CEO pay already exceeds average worker salary for the year
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK.Bloomberg | Bloomberg | Getty ImagesThe average FTSE...
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Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little...
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‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment
Investor Steve Eisman of "The Big Short" fame is questioning the level of bullishness on Wall Street — even with...
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