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Investing
Uber, Lyft and Deliveroo workers in US and UK plan Valentine’s Day strike
Thousands of drivers for ride hailing services and food delivery riders in the United States and United Kingdom are planning to strike…
Inflation cooled last month, but some price hikes continue to cause pain
Price hikes eased off less than expected in January, but still offered a hint of relief for Americans who have suffered through some…
Carl Icahn buys a huge stake in JetBlue at bargain prices
JetBlue’s stock soared more than 14% in premarket trading Tuesday after financier Carl Icahn disclosed late Monday that he had taken a…
Ackman Seeks to Raise $10 Billion for New Equity Fund in Tough Market
Investor Bill Ackman is trying to do the near impossible: launch the largest U.S. closed-end fund ever.His goal is to sell a fund of possibly $10 billion or more—double the size of…
Dow tumbles more than 500 points as hot inflation data stokes fears about higher-for-longer rates
Stocks took a dive Tuesday after a key inflation report revealed stubborn price increases, raising concerns on Wall Street that the…
Frustrated White House sends letter to press corps, skewering coverage of Biden’s handling of classified files
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media…
Family Office Investing Requires Mounds of Paperwork. AI Is Going to Help
Family offices are studying the investment opportunities presented by artificial intelligence, of course, but they are also excited about the potential AI offers for streamlining…