(The Business Insider) Amazon brings a few things to mind for most users. Today’s deals. Gift cards. But could that soon include investments? Amazon is said to be in early talks with banks to launch a checking-account product. That’s breathing […]

(Securities & Exchange Commission) The Securities and Exchange Commission has obtained a final judgment against a hedge fund manager the agency charged with falsely inflating assets in portfolios he managed. The SEC also barred him from the securities industry. According […]

(The Business Insider) Prosecutors have asked a federal judge in Brooklyn to sentence former pharmaceutical executive Martin Shkreli to at least 15 years in prison, CNBC reports.Shkreli is set to be sentenced on Friday and has asked for a shorter […]

(Bloomberg) Hedge fund managers often get a reputation for being greedy and unwilling to acquiesce to the changing demands of the money-management business. But in the face of investor backlash over middling returns, they’ve made a range of concessions to […]

(The Business Insider) We’re seeking nominations for Business Insider’s first-ever list of the top investors in the booming cannabis industry. We want to hear from you. The ranking celebrates the best up-and-coming talents in marijuana’s investment scene. We’re looking for […]

(Bloomberg) Steve Cohen is revamping his big data operation again at Point72 Asset Management. The hedge fund named Kirk McKeown to a new position of director of proprietary research to oversee three different groups: Aperio, Data Sourcing and Strategy, and […]

(Reuters)Former drug company executive Martin Shkreli may have to give up a Picasso and a one-of-a-kind Wu-Tang Clan album, after a U.S. judge on Monday ordered him to forfeit $7.36 million following his conviction of defrauding investors.U.S. District Judge Kiyo […]

(Bloomberg) Canada’s biggest pension plan aims to back as many as four fledgling hedge funds a year at a time when investors are balking at high fees and disappointing returns from the industry’s biggest managers. Canada Pension Plan Investment Board […]

(Bloomberg) Goldman Sachs Group Inc. delivered a comprehensive critique of Donald Trump’s planned metal tariffs, saying they risk damaging the world’s biggest economy by raising costs just as price pressures build, hurting allies more than others, and creating a two-tier […]

(Harvest) You probably know that it’s not a good thing to have too much or too little inflation. But trying to get a huge pendulum the size of the U.S. economy to settle in the middle is very difficult. Here’s […]

(Bloomberg) Ray Dalio, who runs the world’s largest hedge fund at Bridgewater Associates, said the impact of tariffs proposed by President Donald Trump “will be very small” on trade between the U.S. and China. “I believe that what is happening […]

(New York Post) Activist investor Jeff Smith has “serious concerns” about Elmer’s glue-maker Newell Brands’ “dysfunctional” board. Smith’s Starboard Value said Monday that it added two additional directors to its slate of nominees to overhaul Newell’s board — bringing the […]