One thing Matthew Tym has learned in two decades as a derivatives trader is to make sure he understands something before using it. That lesson is guiding his view of Wall Street’s brand-new fear gauge.
Bitcoin reached an almost four-week low, with the cryptocurrency continuing to lose momentum since breaking above $30,000 earlier this month for the first time since June.
Justice Clarence Thomas said he was advised he didn’t have to disclose private jet flights and luxury vacations paid for by billionaire Harlan Crow because, although a close friend, Crow “did not have business before the court.”
Bed Bath & Beyond Inc., the big-box retailer that for decades provided essential shopping for college dorms, wedding gifts and new homes, will close all of its stores and liquidate inventory over the next two months after its turnaround failed.
Vista Equity Partners, the owner of Finastra Group Holdings Ltd., is in discussions with private credit funds for $6 billion to help refinance the financial software developer’s debt, potentially the largest private credit package on record.
Carrier Global Corp. is nearing a deal to acquire most of German company Viessmann’s business for more than $10 billion including debt to bolster its heating and cooling operations, according to people familiar with the matter.
The UK is seeking to curtail a two-day strike by nurses planned for the end of the month by taking court action to declare it unlawful.
Frank founder Charlie Javice said she moved millions of dollars out of JPMorgan Chase & Co. accounts after the bank fired her and accused her of fraud but then wound up getting caught up in the collapse of Signature Bank.
With angst about the health of the economy rising, portfolio managers are focusing on sectors that are shielded from a broad market downturn.
Longtime CNN anchor Don Lemon, who recently drew rebukes for remarks about women and aging, said he was fired from the news network.
