

Stephen Gandel
Posts

Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just...

C.E.O.s Are Talking More About Recession
The possibility of an economic slowdown has been a hot topic during the latest batch of quarterly earnings conference calls.

Hedge Fund Investors See Opportunity in Rocky Stock Market
Market turbulence isn’t deterring activists in the way that it once did.

Morgan Stanley’s 30% Profit Drop Sends Stock Price Down
The Wall Street firm reported lower fees and weaker revenue from trading stocks in the third quarter.

Citigroup Quarterly Profit Falls 25%
The bank reported a 25 percent decline in profit in the third quarter, versus last year, in part because of “very challenging markets.”

Citigroup Quarterly Profit Falls 25%
The bank reported a 25 percent decline in profit in the third quarter, versus last year, in part because of “very challenging markets.”

Hedge Fund Pioneer Ray Dalio Steps Back From Bridgewater
Mr. Dalio, who started Bridgewater Associates out of his two-bedroom apartment in 1975, grew the hedge fund into a $150 billion behemoth.

Student Loan Relief Stokes Debate About Inflation Effects
Critics of President Biden’s plans to forgive student loan debt argue that it will increase the rate of inflation, but others say the effect will...

A judge blocks the workplace provision of Florida’s ‘Stop WOKE Act.’
The law seeks to determine how all sorts of organizations, including private businesses, can address race, gender and nationality.

Meet the accountants who may become the new power brokers of taxes.
The Financial Accounting Standards Board, a private organization run by a seven-member board, determine how quarterly and annual profits are calculated.