All year, Wall Street pros have been sinking record sums of cash into the world’s largest Treasury ETF in a high-conviction bet that interest rates have peaked. All year they’ve been wrong, with an estimated $10 billion loss — yet that’s not stopping a cohort of dip buyers braving...
Jeff Bezos is adding a mansion in South Florida’s “Billionaire Bunker” to his real estate empire, months after buying the house next door. The Amazon.com Inc. founder, the world’s third-richest person, agreed to pay $79 million for a seven-bedroom mansion in Indian Creek, a man-made barrier island in the Miami...
Tradeshift, a late-stage fintech startup that has raised over $1 billion in venture and debt, has dismissed its co-founder Christian Lanng, citing “serious allegations of sexual assault and harassment” and “gross misconduct on multiple grounds,” according to a company statement posted on Tuesday. Lanng has vehemently denied the allegations. Tradeshift...
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023.Nathan Howard | Bloomberg | Getty ImagesJPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Friday.Here's what Wall Street expects,...