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Letitia James' nitpicking over Trump bond is more spiteful nonsense
April 7, 2024 | 7:55pmDoes state Attorney General Letitia James believe her only job is attacking Donald Trump?
Rudy Giuliani faces heat as creditors seek to seize his Florida home
March 18, 2024 | 4:50pmCreditors are intensifying their efforts to recoup significant debts from the former New York City mayor by targeting his $3.5 million Florida condominium
Here's who will collect a large chunk of Alex Murdaugh's $1.8M fortune
February 6, 2024 | 11:02amThe family of 19-year-old Mallory Beach, who died when Paul Murdaugh drove his boat into a bridge while supposedly intoxicated, will receive a 29% cut.
Bill Ackman’s Pershing Square makes list of world’s top hedge funds after falling off 9 years ago
January 22, 2024 | 9:13amBill Ackman's Pershing Square Capital Management has reclaimed a spot on the list of the world's 20 best-performing hedge funds nine years after falling out of the ranking. Pershing Square...
How buyout firms are boosting profits despite a lack of deals — and why investors should worry
January 18, 2024 | 3:33pmExperts predict the vehicle could see the same kind of craze in the coming years that SPACs did in 2020 and 2021.
SEC makes biggest overhaul of $20T private equity, hedge fund industry in years
August 23, 2023 | 2:50pmThe new rules require private funds to issue quarterly fee and performance reports and disclose certain fee structures while barring giving some investors preferential treatment over redemptions and portfolio exposure.
BlackRock letting more clients vote at annual meetings in dramatic move
November 3, 2022 | 3:02pmBlackRock said that at the end of September clients with around $1.8 trillion in equity index assets managed by the company were eligible for voting choices.
Harry and Meghan become 'impact partners' in woke asset management firm
October 12, 2021 | 10:45amThe Duke and Duchess of Sussex joined with Ethic, a company that they had already invested in earlier this year and was managing some of the exiled royals' investments.
Feds's low-interest rates are subsidizing hedgies gamble implosions
April 3, 2021 | 11:34pmThe full postmortem on Archegos Capital won’t be written for a while, but one thing is already clear: This little-known hedge fund run by a trader named Bill Hwang has...
Disney closes $71B deal for Fox entertainment assets
March 20, 2019 | 3:40amDisney has closed its $71 billion acquisition of Fox's entertainment business, putting "Cinderella," ''The Simpsons," ''Star Wars" and "Dr. Strange" under one corporate roof. The deal is likely to shake...
First Fed stability report warns of 'elevated' asset prices
November 28, 2018 | 1:11pmTensions over trade, the turbulent Brexit discussions and trouble in China and emerging markets could rock a US financial system where asset prices are “elevated” and business credit quality may...
Divorcing couple fighting over $830K worth of bitcoin
February 14, 2018 | 8:23pmCrypto traders might not like it, but there are plenty of reasons to regulate bitcoin and all its brethren. The nature of digital money gives governments around the world plenty...
You're never too young to have a will
August 2, 2017 | 2:23pmAs a generation, millennials are often maligned for being bad with money and reluctant to grow up -- but they still probably need a will. Of course, anyone who owns...
Aaron Hernandez's home back on the market
July 26, 2017 | 1:23amNEW BEDFORD, Mass. — Aaron Hernandez's home is back on the market after an agreement to sell it for $1.3 million fell through, a lawyer for the former NFL star's...
Stop the feds from taking your stuff
July 20, 2017 | 9:23pmOur country’s proud history of opposing government seizures of property goes back to the founding: American colonists protested broad warrants, called “writs of assistance,” that British customs officers used to...
Aaron Hernandez's estate is currently worthless
April 28, 2017 | 1:19amBOSTON — Court records show the estate of former NFL star Aaron Hernandez currently has a dollar value of zero. The former New England Patriots tight end took his own...
Trump the businessman under pressure to put assets in a trust
November 10, 2016 | 3:30amDonald Trump is in a pickle. The businessman is under pressure to put his billions of dollars of assets around the country and across the globe into a blind trust...
Team Obama's latest ISIS 'oops'
November 20, 2015 | 9:25pmWhen it comes to US intelligence failures on ISIS, it turns out President Obama’s dismissing the Islamic State as a “JV team” was only a minor blip. As Bloomberg Businessweek...