Love in a time of inflation: how much will Valentine’s Day set you back?
By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation…
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Bath & Body Works adds new director as Third Point pushes for changes
By Svea Herbst-Bayliss NEW YORK (Reuters) -Bath & Body Works named a veteran consumer products executive as a new director…
Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week…
Analysis-Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
By David Randall NEW YORK (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that…
U.S. targets ’08 crisis trader conflicts in new rule, decade after 1st try
By Douglas Gillison WASHINGTON (Reuters) -Wall Street’s top regulator on Wednesday unanimously voted to propose a rule barring traders in…
New York pension seek stricter climate emissions rules from bank portfolios
By Ross Kerber (Reuters) – Shareholder resolutions filed by New York City’s top pension official will ask top Wall Street…
Top hedge funds earned sharply less for clients in 2022, LCH data shows
By Svea Herbst-Bayliss (Reuters) -The 20 best performing hedge fund managers earned $22.4 billion for investors in 2022, marking their…
China reopening spurs record inflows into emerging market funds -BofA
LONDON (Reuters) -Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week to Wednesday, in…
Davos 2023: U.S. consumers in ‘good shape’ as wages grow -BofA CEO
By Lananh Nguyen and Noor Zainab Hussain DAVOS, Switzerland (Reuters) -U.S. consumers are still in “pretty good shape,” even as…
Cryptoverse: Bitcoin is back with a bonk
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bitcoin is on the charge in 2023, dragging the crypto market…