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For investors holding Japanese assets denominated in yen, the decline of the currency led to the value of their gains increasing. McManus isn't the only one who increased his exposure into the Japanese market following the early August sell-off. Before the yen started to strengthen, "Japanese investors could benefit because their lives and portfolios are denominated in yen. As a result, an appreciating yen will help overseas investors realize gains from the Japanese market as it continues its rebound. "This suggests that, if the cycle is heading towards [a] period of persistent yen strength, global investors should overweight Japan," Jefferies said.
Persons: , we're, Janus Henderson, Julian McManus, McManus, Jefferies, Shrikant Kale, Janus Henderson's McManus, Morgan Stanley, Daniel Blake, Peter Perkins, Perkins Organizations: Toyota, Bank of, U.S, Nikkei, Bank of America, Macro Research, Partners, Federal Reserve Locations: Japan
Celebrities and Notable Faces in the Crowd at the Democratic ConventionThousands of Democrats — delegates, party members, politicians and celebrities — filled Chicago’s United Center this week to nominate Vice President Kamala Harris and Governor Tim Walz of Minnesota for president and vice president. Doug Emhoff, the second gentleman Maya Harris, Tony West and Meena Harris Vice President Harris’s grand-niece Gov. After several guests highlighted Mr. Walz’s average-Joe persona and background as a football coach, he officially accepted the Democrats’ vice-presidential nomination. Senator Amy Klobuchar of Minnesota helped to introduce Mr. Walz before he took the stage, emphasizing his Midwestern roots. “America, I gave my best to you,” he said, reciting a phrase from the song “American Anthem” by Gene Scheer.
Persons: , Kamala Harris, Tim Walz, Ms, Harris, Meena, Ella, Doug Emhoff, Maya Harris, Tony West, Meena Harris, Harris’s, Gov, Gus, Hope Octavia Spencer, Rosario Dawson, Padma Lakshmi, Joe, Sheryl Lee Ralph, Bill Clinton, Oprah Winfrey, Amy Klobuchar, Walz, Walz’s, Gwen, Tina Smith, Elizabeth Warren of, Mark Kelly of Arizona, Gabby Giffords, Arizona Julian Castro, Joaquin Castro of, Ilhan Omar, Minnesota Tony Goldwyn, Mark Hamill, J.B . Pritzker, Lil Jon soundtracked, Michelle Obama, Barack Obama, , , Cole, Illinois Lil Jon, Mr, Emhoff’s, Barbara, Michael Cole, Emhoff's, Gretchen Whitmer, Wes Moore, Tony Evers, Andy Beshear, Maxine Waters, California Spike Lee, Wendell Pierce, Sean Astin, Hillary Clinton, Biden, Gene Scheer, Biden’s, ” Nancy Pelosi, Joe ” Organizations: Democratic, Chicago’s, Democrats ’, Joaquin Castro of Texas Rep, J.B, Illinois, Michigan Gov, Maryland Gov, Wisconsin Gov, Kentucky Rep Locations: Minnesota, Elizabeth Warren of Massachusetts, Arizona, Illinois, Kentucky, California, “ America
More than two weeks into Ukraine’s incursion into western Russia, Ukrainian politicians have begun talking about establishing a buffer zone there. But how much farther Ukraine might try to advance into Russia, and how long it plans to stay, is unclear, U.S. officials said. After the first week of fighting, Ukraine claimed to control almost 400 square miles of Russian territory — an area roughly the size of Los Angeles. But American officials are not convinced that Ukraine intends to hold its position in Russia long term. They have not been laying minefields to slow down a counterattack, nor have they constructed barriers to slow down Russian tanks, the officials say.
Persons: Volodymyr Zelensky Locations: Russia, Ukraine, U.S, Los Angeles
The dossier included what the Trump campaign identified as Vance’s potential vulnerabilities. Instead, the first public sign of any release of private information came Saturday, when the Trump campaign went public with its announcement that it had been hacked, pointing the finger at Iranian operatives. “These documents were obtained illegally from foreign sources hostile to the United States, intended to interfere with the 2024 election and sow chaos throughout our Democratic process,” Trump campaign spokesperson Steven Cheung said. As long as they’re verified and newsworthy, then they’re fair game, but motive is an important part of the story, too,” Dan Kennedy, a journalism professor at Northeastern University, told CNN. The role of the media is to act independently in this situation,” Kirtley told CNN.
Persons: Joe Biden’s, Robert, , Donald Trump’s, Ohio Sen, JD Vance, Trump, Florida Sen, Marco Rubio, Vance, they’d, ” “, Brad Dayspring, ” Trump, Steven Cheung, Roger Stone, Hillary Clinton’s, newsrooms, Hunter, “ I’ve, it’s, Clinton, rallygoers, Julian Assange, ” Dan Kennedy, ” Jane Kirtley, ” Kirtley, Neera, Biden, Robert ”, Matt Murray Organizations: CNN, Politico, The New York Times, Washington Post, AOL, Trump, GOP, Times, Post, Democratic, FBI, Republican, Iranian, Microsoft, Democratic National Committee, Wikileaks, New York Times, Univision, WikiLeaks, , Northeastern University, Democratic National, University of Minnesota, ” Washington Post Locations: Florida, United States, Iran, Tehran, Russia, Afghanistan, Iraq
CNN —Julián Álvarez has signed for Atlético Madrid from Manchester City in reported deal worth approximately $104 million, the Spanish club announced on Monday. According to British media, Atleti will pay an initial $82m (£64m) for Álvarez, with a further $22m (£17m) in potential add-ons. CNN has reached out to City and Atlético to confirm the reported transfer fee. “New challenges, with the same people as always,” Álvarez posted on Instagram after sealing his move to the Spanish capital. Álvarez initially signed for City in 2022 having impressed with River Plate back in Argentina.
Persons: Julián Álvarez, Atleti, Atlético, ” Álvarez, Álvarez, , Stephen Nadler, Diego Simeone, Alexander Sørloth Organizations: CNN, Atlético Madrid, Manchester City, City, Citizens, “ Manchester City, Copa América, Olympic, Atlético, Villarreal, La Liga, Champions League, Liga Locations: Spanish, Argentine, City, Álvarez, Argentina, “ Manchester, Norwegian
Despite a late push, she could not help her side finally overcome a USWNT in a gold medal match. After a cagey first half of today’s final, Swanson finally found space beyond the back line to break open a deadlocked match. It was a sequence worth of winning a gold medal and a fine way to mark a player’s 100th cap. But now, with a gold medal tucked under her arm, she definitely has the cachet to make whatever changes she wants. Hayes led the U.S. to its fifth Olympic gold medal.
Persons: Mallory Swanson, Korbin Albert, Swanson, Lorena, Marta, Ludmila, Seleção, Lindsey Horan, Alyssa Naeher, Jeff Rueter, Steph Yang, Sophia Smith, Trinity Rodman, Smith, Rodman, Carl Recine, Albert, IT'S MALLORY SWANSON, ike, oster, oots,, ince, ade, aris G ames., alf, hroughout, razil, inger, ong, unger, hape, hird, ames, ike H, J ane C ampbell, Organizations: U.S, women’s, Brazil, Triple, Getty, Portland Thorns, TEAM USA, FIRST, ust, aris G, eff Locations: U.S, Brazil, Brazilian, , jubilation, arta
We follow Julian David, who is representing New Zealand in men's speed climbing at the Paris 2024 Olympic Games. He's gearing up for one of his last events before the Games, the IFSC World Cup in Chamonix, France. For the very first time, speed climbing will be judged as a stand-alone event at the 2024 Olympics, and the pair are the first from New Zealand to qualify. Sam Watson broke his own world record of 4.79 seconds at the 2024 Paris Olympics with a time of 4.74 seconds. At the time of publishing, this narrows their difference to 0.5 seconds.
Persons: Julian David, Rob Moore, Julian, Sarah Tetzlaff, Sam Watson Organizations: New Zealand, Paris, Games, Business Locations: New, Chamonix, France, New Zealand
CNN —Five former and current members of the US Coast Guard testified before a subcommittee of the Senate Homeland Security Committee on Thursday about their experiences with sexual assault and harassment while serving and called for major changes to how the Coast Guard handles reports. It’s the first to be released out of a string of ongoing government inquiries triggered by CNN’s reporting on a secret Coast Guard probe into sexual abuse at its prestigious Coast Guard Academy. “It’s the exact same story, and the Coast Guard is just saying, ‘It’s OK.’ I’m tired of the words,” Ward said. Action actually has to be taken in order to do it.”In closing, Ward told the committee, “I loved the Coast Guard. But there is a certain part of the Coast Guard that is completely broken.”
Persons: Meghan Lori Klement, Klement, , , ” Klement, Julian Bell, Crystal Van Den Heuvel, Den Heuvel, Van Den Heuvel, Shawna Christine Ward, I’m, ” Ward, “ I’m, Ward Organizations: CNN, US Coast Guard, Senate Homeland Security, Coast Guard, Coast Guard Academy
TV: PeacockWhat to watch: Novak Djokovic and Carlos Alcaraz meet for the seventh time — and second on the clay of Roland Garros — for the men’s singles gold medal. His only Olympic medal, a bronze, came in 2008. GO DEEPER Why is Team USA struggling in the Olympic gold medal count? Cycling hits the roadAnna Kiesenhofer earned Austria’s first Summer Olympics gold medal in 17 years when she won in 2021. But Katie Ledecky accomplished something only one other woman has in Olympic history by winning her ninth gold medal.
Persons: It’s, Noah Lyles, Novak Djokovic, Carlos Alcaraz, Roland Garros, Djokovic, Alcaraz, Lyles, Hannah Peters, Yu, ” Lyles, Kishane Thompson, Marcell Jacobs, Fred Kerley, Canada’s Andre De Grasse, Sarah Sjöström, Gretchen Walsh, Bobby Finke, Ireland’s Daniel Wiffen, A’Ja Wilson, Breanna Stewart, Satou Sabally, Anna Kiesenhofer, Austria’s, Dimitar Dilkoff, Austrian Anna Kiesenhofer, Italy’s Elisa Longo Borghini, Australia’s Grace Brown, Great Britain’s Anna Henderson, Chloe Dygert, , KATIE LEDECKY, 💪 Organizations: Paris Games, NBC, U.S, Netflix, Olympics, Team USA, USA Network, Telemundo, Germany, Belgium, Dallas Wings, Japan, Cycling, Getty, CNBC, United, ust, aris Locations: Paris, Alcaraz, Tokyo, Jamaica, United States, U.S, Australia, France, Belgium, Germany, Japan, AFP, Austrian, oman
Andy Murray says goodbye to tennis, like only he can
  + stars: | 2024-08-02 | by ( Ben Church | ) edition.cnn.com   time to read: +7 min
CNN —When Andy Murray announced he would retire from professional tennis after the Paris Olympics, the script seemed to be set. I was emotional because it’s the last time I will play a competitive match,” Murray told reporters after the match. Murray climbs to his friends and family after winning the Wimbledon title in 2013. Anja Niedringhaus/Pool/Getty ImagesHis best professional year was arguably 2016, though, where Murray won his second Wimbledon title and became the world No. — Andy Murray (@andy_murray) August 1, 2024But Murray will clearly miss tennis and tennis will miss Murray: his dedication, his famous roar and his stoic mom who always seemed to be cheering her son on from the stands.
Persons: Andy Murray, Murray, American’s Taylor Fritz, Tommy Paul, Dan Evans, Roland Garros, Julian Finney, Murray couldn’t, , ” Murray, Craig Prentis, Jamie, Judy, , Rafael Nadal, David Nalbandian, Tom Jenkins, Roger Federer –, , Anja Niedringhaus, Injuries, Federer, Nadal, Novak Djokovic, Evans, “ It’s, Williams, — Andy Murray, @andy_murray Organizations: CNN, Paris Olympics, Getty, Olympics, Wimbledon, Rio, tennis Locations: Dunblane, Scotland, Spain, London, Paris
Team events continue, with men’s soccer beginning its quarterfinals. Canada is one of a handful of countries that could challenge the U.S., the reigning Olympic gold medalist in men’s basketball. GO DEEPER Argentina to play France in Olympic men's football quarter-finalsThursday highlightStop what you’re doing right NOW and watch Simone Biles on floor! It marked Biles’ sixth Olympic gold — the most of any U.S. gymnast. Brazil’s Rebecca Andrade claimed silver and the United States’ Suni Lee, who won Olympic gold in the event at the Tokyo Games, took bronze.
Persons: Celine Dion, , Brian Pintado, Yang Jiayu, Uganda’s Joshua Cheptegei, Cheptegei, Jacob Kiplimo, Gudaf, Nia Akins, Allie Wilson, Juliette Whittaker, Athing Mu, Marchand, Smith, Regan Smith, Kaylee McKeown, Léon Marchand, RJ Barrett, it’s, Lionel Messi, Thierry Henry, Alexandre Lacazette, Jean, Philippe Mateta, Julian Alvarez, Nicolás, Simone Biles Organizations: Olympics, Stade de France, NBC, La Defense, Frenchman, Spain, Getty, Toronto Raptors, Olympic, Australia, Games, Saint, Argentina –, Telemundo, Argentina, France Locations: Paris, Tokyo, Ethiopia, France, Canada, men’s, Sydney, basketball, Spain, Montigny, Morocco, Argentina, Argentina – France, United States, The U.S, Olympic
CFRA Research sees more upside for the benchmark S & P 500 over the next 12 months, even if the risk of near-term profit taking looms. The higher forecast implies a year-end target of 5,770 for the S & P 500, or a 4.5% uptick from Wednesday's close for the benchmark. Stovall's previous year-end S & P 500 target called for 4,940. A combination of more stable supply-and-demand dynamics coupled with a widening of market gains supports the more bullish outlook, CFRA said. The S & P 500 has a roughly 14% gain this year, compared to the Nasdaq Composite's roughly 15% advance.
Persons: Sam Stovall, Evercore's Julian Emanuel, CFRA, Russell Organizations: Research, Federal Reserve, Nasdaq Locations: Wednesday's
“Buy the bigger ice machines,” Phoenix Fire Captain Robert McDade tells emergency managers who call for advice from around the world. “Be willing to change what you’ve done.”An unhoused man finds little respite from the heat in the shade of a bus stop in Phoenix. Phoenix first responders are stocking body bags filled with ice to treat victims of heat stroke, bringing their core body temperature down on the way to the hospital. Julian Quinones/CNNFirst responders at Fire Station 61 are treating more victims of heat illness as temperatures soar in Phoenix. Every summer we learn, and we improve.”A heat respite center at Burton Barr Central Library just north of downtown Phoenix.
Persons: it’s, Coroners, , Robert McDade, Julian Quinones, CNN McDade, McDade, , ” McDade, John Prato, Kate Gallego, we’ve, ” Gallego, didn’t, Evelio Contreras, Katie Hobbs, Eugene Livar, Arizona’s, there’s, Jennifer Vanos, Vanos, MaRTy ”, CNN Evelio Contreras Organizations: CNN, Phoenix, Harvard, Phoenix City Council, Burton Barr Central Library, CNN Arizona, Arizona State’s School of Sustainability, Vanos Locations: Phoenix, Maricopa County, Chicago, Albuquerque, Arizona,
AdvertisementSeveral cities have been trying to take advantage of the new policy, including Dubai, Milan, and more. A recently relocated hedge fund manager in Milan is planning to visit London or New York six or seven times a year going forward. "The best type of knowledge comes from people, from frequent interaction with people," said a Milan-based hedge fund manager. Several people — based in spots such as Dubai, Milan, and Zurich — mentioned that people early in their careers should still prioritize working in the biggest cities though. Moving to the Middle East just to interact with fellow UK ex-pats doesn't add much diversification to a portfolio manager's life.
Persons: , Julian Robertson, Muyshondt, Elena Partners, Steve Cohen's Point72, Sebastian Dickgiesser, Girish Chouhan, aren't, COVID, I'm, Alfonso Peccatiello, he's, Darren Wolf, abrdn, It's, Wolf, Zoom Organizations: Service, Tyrian Investments, Business, Labour, Henley & Partners, United Arab, Eisler Capital, Capstone Investment Advisors, Getty, London, Investors, , pats Locations: New York, Cascais, Portugal, Lisbon, London, Florida, Hong Kong, Dubai, Milan, China, United Arab Emirates, Italy, Point72, Girish Chouhan Dubai, Abu Dhabi, India, East, Europe, Madrid, Zurich, Amsterdam, Netherlands, Brera, , Milan's Brera, UAE
But, as events this week in Paris have once again shown, when it comes to women’s skating, Japan’s teenage girls are on fire. Fourteen-year-old Coco Yoshizawa’s late surge helped her beat compatriot Liz Akama, 15, to the gold medal at La Concorde Urban Park, Paris on Sunday. Sakura Yosozumi, then 19, and Kokona Hiraki, then 12, topped the 2021 Tokyo women’s park event. “Since there’s no age limit for skateboarding at the Olympics, any youngsters can compete,” Hiraki, the youngest Olympic medalist since 1936, told CNN in July. Lars Baron/Getty ImagesSkewing youngJapan aside, women’s skateboarding across both categories is dominated by teenage athletes.
Persons: Coco Yoshizawa’s, Liz Akama, ” Yoshizawa, Yuto Horigame, Jagger Eaton, Nyjah Huston, Horigame, Momoji Nishiya, Sakura Yosozumi, Kokona Hiraki, Brown, ” Hiraki, Julian Finney, , Junnosuke Yonesaka, Yonesaka, , ” Akama, Lars Baron, Rayssa Leal, Cui Chenxi, Zhang Haohao, , China’s, Mazel Paris Alegado, Trew, Hiraki –, , it’s Organizations: CNN, Team Japan, Concorde Urban, , Paris Olympics, Tokyo Games, Urban Sports, Olympic, Concorde, Getty, Japan, Association, Paris, Asian Games Locations: Japan, Paris, Tokyo, France, China, Philippines
From conversations with e-commerce analysts, TikTok Shop partners, sellers, and creators, it's clear that Shop is growing steadily in the US and driving meaningful sales for some brands. TikTok Shop is also showing strong momentum in regions outside the US that have embraced social shopping more, like Southeast Asia. Order-tracking platform Route saw global order volume on TikTok Shop grow a modest 35% between January and June. AdvertisementWhat's working for TikTok ShopWell-timed promotional campaigns and live selling have bolstered TikTok Shop's growth this year, agency sources told BI. TikTok Live has become an e-commerce hub for all types of sellers, including pre-owned luxury retailer What Goes Around Comes Around, which has a streaming studio in its store.
Persons: , influencers, TikTok, it's, It's, Nicole Rechtszaid, Steele, Pena, Rechtszaid, Dan Whateley, Julian Reis, SuperOrdinary, Reis, we've, Michael Yamartino Organizations: Service, Business, TikTok Shop, TikTok, Ghost Agency, Amazon's, livestreams Locations: Southeast Asia, Paris, Maybelline New York, Asia, China
CNN —Five wins to open his UFC career had Tom Aspinall on course for a title shot. A kick from Aspinall connected with Blaydes’ leg and the British fighter dropped to the canvas, clutching his knee in pain, with the fight ending prematurely. The UFC is seen as the pinnacle of MMA and therefore comes with increased attention, but Aspinall was unfazed. Aspinall says it will be "great" co-headlining UFC 304, an event featuring British fighters competing in each bout. Aspinall says that he feels like "the best in the world" despite holding the interim heavyweight title.
Persons: Tom Aspinall, Curtis Blaydes, Aspinall, Blaydes, , ” Aspinall, Julian Finney, I’ve, I’m, Curtis, Tom, Chris Unger, it’s, ” ’, , , you’ll, he’s, , ’ ” Aspinall, Marcin Tybura, Jon Jones, Stipe Miocic, Jones, Sergei Pavlovich, Pavlovich, Henry Cejudo, Georges, Pierre, ” Cejudo, “ What’s, doesn’t, Cooper Neill, Aspinall’s, Leon Edward’s, Belal Muhammad, It’s, You’re Organizations: CNN —, UFC, O2, CNN Sport, , Manchester, British, YouTube, ” CNN Locations: London, British, New York’s, Manchester
The chaos kicked off in the final moments of a lengthy added time, when Argentina’s Cristian Medina headed home in the 106th minute to apparently tie the game at 2-2 - sending Argentina players and fans into raptures. Match broadcasts showed some celebrating Argentina players ducking to avoid objects being thrown by fans toward the pitch, while some Morocco supporters entered the field. “It’s the biggest circus I’ve ever seen in my life,” Argentina coach Javier Mascherano said after the game, according to Reuters. It’s not a neighborhood tournament, it’s the Olympics.”CNN has reached out to the IOC and soccer’s world governing body FIFA for comment. Men’s soccer at the Olympics is played by under-23 teams, with three overage players allowed in each squad.
Persons: Javier Mascherano, ” Soufiane Rahimi, Etienne’s Stade Geoffroy, Guichard, Argentina’s Giuliano Simeone, Argentina’s Cristian Medina, ducking, , ” Mascherano, It’s, , Lionel Messi, aren’t, Julian Alvarez, Nicolas Otamendi Organizations: CNN, Morocco, Paris Summer, Saint, Argentina, raptures, , Reuters, ” CNN, IOC, FIFA, Manchester City, Games Locations: Argentina, Morocco, ” Argentina, Liverpool, Barcelona, Paris
Read previewHugh Jackman has finally returned to play the iconic Marvel hero Wolverine, AKA Logan, in "Deadpool & Wolverine." Deadpool and Wolverine first crossed paths in 'X-Men: Origins - Wolverine'Ryan Reynolds as Deadpool and Hugh Jackman as Wolverine in "X-Men: Origins - Wolverine." Advertisement"X-Men Origins: Wolverine" is infamous among fans for its terrible depiction of Wolverine's history and key characters from the "X-Men" universe. It was a tongue-in-cheek way of wiping "X-Men Origins: Wolverine" from the history books. Hopefully, "Deadpool & Wolverine" will live up to fans' high expectations when it arrives in theaters on July 26.
Persons: , Hugh Jackman, Wolverine, It's, Logan, Jackman, Ryan Reynolds, Fox, X, Patrick Stewart, Ian McKellen, Jean Grey, Famke Janssen, Reynolds, Wade Wilson, William Stryker, Danny Huston, Stryker, Deadpool, Michael Fassbender, Dafne Keen, Jean, He's, Yashida, Stewart, McKellen, Laura, Stefan Kapičić, Fox Reynolds, Ed Skrein, Josh Brolin, Russell Collins, Julian Dennison, Collins, Collins doesn't, Vanessa, Morena Organizations: Service, Marvel, Disney, Century Fox, Business, of Mutants, Studios Audiences, Force, Studios, Cable Locations: Logan, Canada, Japan
New York CNN —Fox News has proposed a presidential debate between former President Donald Trump and Vice President Kamala Harris on September 17. It’s not clear if that debate will still take place now that Biden has dropped out of the race. Trump has also expressed displeasure at ABC and has previously posted that he wants Fox News to host the debate instead of the Disney-owned network. In a conference call with reporters on Tuesday, Trump said he “absolutely” wants to debate Harris, and “would be willing to do more than one debate, actually.”“I haven’t agreed to anything. I think debating’s important for a presidential race, I really do, you sort of have an obligation to debate.”
Persons: Donald Trump, Kamala Harris, Bret Baier, Martha MacCallum, Harris, Jay Wallace, Jessica Loker, Hillary Clinton, Bernie Sanders, Pete Buttigieg, Julian Castro, Amy Klobuchar, Kirsten Gillibrand, Trump, Joe Biden’s, It’s, Biden, Joe Biden, ” Trump, she’ll, Organizations: New, New York CNN — Fox News, Trump, Fox News, Democratic, CNN, ABC, Disney Locations: New York, Pennsylvania
How the hedge fund superstar went extinct
  + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .
Persons: , Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York
Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.
Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, , Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine
Secretary of State Antony J. Blinken and the national security adviser, Jake Sullivan, said on Friday that an agreement to free hostages held in Gaza and establish a cease-fire was close, as administration officials prepared for what they expected to be a tense visit to Washington next week by Israel’s prime minister, Benjamin Netanyahu. Mr. Blinken, speaking at the Aspen Security Forum in Colorado, said that the talks were “inside the 10-yard line.” Hours later at the same conference, Mr. Sullivan said there was no expectation that an agreement would be reached before Mr. Netanyahu addressed a joint session of Congress on Wednesday, a speech some American officials fear could throw up new obstacles to an agreement with Hamas. Mr. Sullivan said Mr. Biden would “focus his energy” in his meetings with Mr. Netanyahu “to get this deal done in the coming weeks.”“We are mindful that there remain obstacles in the way,” Mr. Sullivan said, “and let’s use next week to try to clear through those obstacles.”
Persons: Antony J, Blinken, Jake Sullivan, Israel’s, Benjamin Netanyahu, Sullivan, Netanyahu, Biden, Netanyahu “, , ” Mr Organizations: Aspen Security, Mr Locations: Gaza, Washington, Colorado
Index funds are a type of investment vehicle aiming to match the returns of a specific market index. "Index funds generally benefit an investor by providing diversification and relatively low fees compared to actively managed funds. Decide which index funds to invest inNow it's time to decide which index funds you want to invest in. "In this scenario, the investor would research the universe of index funds available and purchase the funds they'd like to own." Index fund investing FAQsHow do I buy an index fund on my own?
Persons: Warren Buffett, Julian Schubach, Louis, Ameritrade, Charles Schwab, you've, Schwab Organizations: Independence, Nasdaq, Nasdaq Stock Market Dow, NYSE, New York Stock Exchange, U.S, Federal Reserve Bank of St, Market, Fidelity, Vanguard, Chevron Locations: Chevron
While it offered few clues on how to tackle economic difficulties, the meeting did provide further insight into a shake-up of high-level personnel over the past year. If past sessions are a guide, a more detailed report may be released in the following days, but for now, “the plenum communique is light on specifics,” Evans-Pritchard added. That came days after China released disappointing economic data for the second quarter of this year. Analysts say that the coming months could offer more details on how Xi plans to revive the economy. Emphasizing short-term economic policies is rare in the history of the third plenums, said Larry Hu, chief China economist for Macquarie Group.
Persons: Hong Kong CNN — China’s, Xi Jinping, Xi, , Julian Evans, Pritchard, Qin, Li Shangfu, Li Yuchao, Jinming, Evans, , ” Evans, Mao, Larry Hu Organizations: Hong Kong CNN, Communist Party, Capital Economics, Central, Defense, Liberation Army Rocket Force, of America, National Bureau, Statistics, Analysts, Macquarie Group Locations: Hong Kong, party’s, Beijing, China, policymaking, outflows, United States, Mao China
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