Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500
Billionaire investor Ken Griffin’s various hedge fund strategists all posted double-digit returns for 2023, but they failed to beat the broader market.
St. Louis Fed names former Tudor executive Alberto Musalem as new president
Musalem, 55, will start on April 2. He replaces James Bullard, who joined Purdue University last August.
Mobileye shares plunge after chipmaker warns of order pullback
The auto chipmaker, majority owned by Intel, warned that customer order numbers would fall short of the year-ago quarter, citing excess inventory.
Elvis show to debut in London featuring AI-generated life-size projection of iconic artist
Artificial intelligence and augmented reality will be used in a “concert experience.”
Deadly Iran blasts and U.S. warning over Red Sea attacks deepen fears of a wider Middle East war
Deadly blasts in southern Iran have added to growing international concerns about the prospect of a broader Middle East conflict.
UK mortgage rates are finally falling as homeowners hope for some relief
Lenders including HSBC and Halifax have cut rates on their residential mortgage ranges.
Fat Cat Thursday: UK CEO pay already exceeds average worker salary for the year
By 1 p.m. London time on Thursday, the average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary.
Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs
Alibaba-owned e-commerce giant Lazada began its latest round of layoffs on Wednesday.
Microsoft says a Copilot key is coming to keyboards on Windows PCs starting this month
Microsoft sees 2024 as the year of the artificial intelligence personal computer. A new key on Surface PCs and other devices might help.
CNBC Daily Open: Hawkish Fed minutes chill markets further
Minutes of the Fed’s meeting indicated an “unusually elevated degree of uncertainty” about the path of monetary policy.
