Thornton McEnery

The Archive

Stocks rebound on stimulus hopes, Trump's coronavirus recovery

US stocks rebounded Monday as Wall Street eagerly awaited the end of President Trump's coronavirus hospitalization along with a new stimulus bill to address the pandemic's economic fallout.

Wells Fargo CEO: 'Limited pool of black talent to recruit from'

Wells Fargo CEO Charles Scharf is being called to the carpet over his claims that the bank’s diversity woes are the result of a lack of talent. Scharf, who took...

Playboy is eyeing a return to the stock market, sources say

Months after killing its iconic nudie magazine, Playboy Enterprises is eyeing a return to the stock market, The Post has learned. The company founded by Hugh Hefner 66 years ago...

NYC cabbies halt Brooklyn Bridge traffic in bid for debt relief

Video posted on Citizen app shows the caravan of yellow cabs stalled out on Manhattan-bound side of the Brooklyn Bridge at around 12:40 p.m.

'Excited' Steve Cohen finalizes record deal to purchase Mets

Now it is up to the 29 other major league owners to decide whether Steve Cohen will be the next owner of the Mets. The hedge fund billionaire reached a...

JPMorgan Chase tells traders to return to the office: Report

No more trading in pajamas at JPMorgan Chase. Top brass at America’s biggest bank by assets have ordered senior staffers in its sales and trading divisions to return to the...

JPMorgan probing alleged misuse of coronavirus relief funds by staff

Jamie Dimon capped off the long Labor Day weekend by warning employees who participated in illegal coronavirus loans that he’s on to them. “We are so grateful for what you...

A-Rod fuming over 'fixed' Mets sale to Steve Cohen: sources

Alex Rodriguez is fuming over losing the Mets to billionaire Steve Cohen and griping that the process was rigged, multiple sources tell The Post. Sources close to the former Yankees...

Hedge fund founder charged with fraud tied to Neiman Marcus bankruptcy

A New York hedge fund manager has been hit with multiple federal criminal charges for his alleged role in trying to strong-arm a rival so he could profit on the...

Dow Jones closes above 29,000 for the first time since February

The Dow Jones industrial average once again topped the 29,000 mark on Wednesday, bringing it within striking distance of an all-time high just months after sinking below 19,000. The blue-chip...

Steve Cohen closes in on buying Mets

For the second time in nine months, Steve Cohen is ready to buy the Mets. Multiple sources confirmed to The Post late Friday night that the hedge fund billionaire is...

Mets sale talks haven't included Jeff Wilpon

Mets COO Jeff Wilpon is not involved in talks with suitors about selling the team after complicating a prior sale agreement with Steve Cohen, sources told The Post. “Jeff’s not...

Steve Cohen out to gobble up Hollywood big fish with new management company

Hollywood is on its knees — and Steve Cohen smells an opportunity. The controversial hedge-fund boss — who’s been battling Alex Rodriguez and Jennifer Lopez to buy the Mets —...

S&P 500 hits all-time high despite COVID-19 devastation

Pandemic? What pandemic? The S&P 500 hit a fresh all-time high Tuesday as the US stock market continued its dizzying rally despite the coronavirus and the economic crisis it has...

‘Jeff Wilpon hates Steve Cohen’: Simmering feud won’t stop billionaire’s Mets pursuit

Steve Cohen wants the Mets, and he will not go away quietly. On Sunday, reports swirled that the Wilpons are getting ready to sell their baseball team to superstar entertainer...

Discrimination claims haunting Steve Cohen's dream of owning the Mets

Opponents of billionaire Steve Cohen's efforts to buy the New York Mets are licking their chops over fresh discrimination complaints filed against his firm, Point72 Asset Management, The Post has...

Mets' shaky finances could help determine impending sale

The Mets’ sale process is nearing a finish with much still left in the air. Suitors are preparing to make final bids by a just set Aug. 31 deadline, as...

Ray Dalio promotes his book amid layoffs at Bridgewater

Hedge fund billionaire Ray Dalio fired off a bunch of tweets promoting his bestselling book on Friday — minutes after it was reported that his hedge fund axed staff amid...

J-Rod invest in Viagra startup to help enhance Mets deal

Alex Rodriguez and Jennifer Lopez are investing in a Viagra-selling wellness startup — and the deal could help enlarge their coffers as they pursue a deal to buy the Mets,...

Bill Ackman: 'I really blame CNBC' for 'Hell is coming' controversy

Bill Ackman lashed out at CNBC on Wednesday after anchors prodded him about his controversial appearance on the cable network this spring during the early days of the coronavirus.