DIRS.INFO The most relevant business & tech news

☆ How Fed Chair Jerome Powell's big decision could impact the upcoming presidential election
▼ + stars: | 2024-03-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Fed Chair Jerome Powell's rate-cut decision could impact the upcoming presidential election . The decision, which has massive economic implications, is now butting up against another monumental event: a US presidential election. AdvertisementThe collision course puts an incredible amount of power in Fed chair Jerome Powell's hands , Business Insider's Emily Stewart writes. The two Wall Street titans are no longer expecting a recession , with inflation cooling and the job market holding steady. Recent graduates are adjusting their career expectations amid signs that the job market is starting to weaken, according to labor experts.

Persons: —, Jerome Powell's, Powell, Chip Somodevilla, Matt Rourke, Sarah Silbiger, Alyssa Powell, Emily Stewart, It's, He's, Biden, Robert Alexander, Getty, Joe Biden, David Rosenberg, it's, BEOWULF SHEEHAN, Tyler Le, Carrie Sun, Chase Coleman, Jamie Dimon, Ray Dalio, Chelsea Jia Feng, Elon Musk, Tesla, Musk, Lily Lyman, who's, Dealogic, Anson Chan, Lil Wayne, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Bloomberg, Getty, Federal Reserve, Trump, Wall, titans, Chelsea, Tesla, Nvidia, BI, Medical Properties Trust Locations: Powell, New York, London

☆ From the lavish gifts to the flagrant waste: Here's what it's like to work for a billionaire hedge fund founder
▼ + stars: | 2024-03-08 | by ( Tiara White | ) www.businessinsider.com time to read: +2 min

Sun doesn't name the hedge fund billionaire in the book, referring to him as Boone Prescott, founder of the "rock star" hedge fund Carbon. After he graduated from Williams College he went to work for hedge fund legend Julian Robertson, who gave him $25 million to start Tiger Global. The hedge fund soared to new heights during the era of low-interest rates with big bets on tech stocks. Rising interest rates hit the hedge fund hard in 2022, however, leading to a 50%-plus performance decline that year. From the lavish lifestyle to the famous guests speakers, here are the 12 moments that best depict life working for a billionaire hedge fund founder.

Persons: Carrie Sun's, Boone Prescott, Sun, Chase Coleman, Coleman, Julian Robertson Organizations: Business, New York Times, Tiger Global, Forbes, Williams College

☆ I was personal assistant to the billionaire founder of a secretive Wall Street firm. This is how I landed a meeting with him, from 10 personal reference calls to a 'Devil Wears Prada' interview moment
▼ + stars: | 2024-02-22 | by ( Carrie Sun | ) www.businessinsider.com time to read: +12 min

She has written a memoir about working for a secretive and wildly prestigious Wall Street hedge fund. Recruiters are one of the main gatekeepers for the hedge fund and private equity industries. I hadn't — but I had heard of Argon, a hedge fund that had long and widely been seen as financial royalty. A leading financial publication had called Carbon the world's hottest hedge fund. Another had named it one of the world's top-performing large hedge funds, ranking it among other hedge fund titans and their flagships, like Ray Dalio's Pure Alpha II and Ken Griffin's Citadel.

Persons: —, Carrie Sun, Sun, Beowulf Sheehan Yuna, Carrie, Yuna, Chang's, Meijer, Peter, Boone Prescott, He's, Peter glanced, Boone, Jen, you'd, Ruth, Maya, Warren Buffett, Ray, Ken Griffin's, Griffin, Anne Hathaway, Chanel Organizations: Service, MIT, New, Boone, Samsung, Ann Arbor ., College, Carbon, NYU, Alpha, Penguin Press Locations: China, Michigan, Jersey City, Kansas, Midtown, receptionists, Manhattan, Ann Arbor, United States, New York, New Jersey, Anhui, Barneys, Madison, America, Boone, Missouri

Search resuls for: "Carrie Sun"

3 mentions found