One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been carried out on a stretcher.
Processing Content Key insight: The Federal Reserve is cracking down on bank employees caught stealing funds from banks and their customers. Expert quote: “Older adults are targets for financial exploitation due to their income and accumulated life-long savings, in addition to the possibility that they may face declining cognitive or physical abilities, isolation from family […]
Skanska USA Commercial Development announced the hiring of Michael Meyer as vice president, asset management, a newly created role focused on strengthening asset performance across the company’s U.S. commercial development portfolio. In this role, Meyer will be responsible for asset performance and reporting, supporting Skanska’s continued focus on customer experience, operational excellence, investor reporting, sustainability […]
Fannie Mae reported a net income of approximately $4 billion for the second quarter of 2026, an increase from $3.7 billion in the first quarter of the same year, and raised its net worth to $116.5 billion as of June 30, 2026. Net revenues rose to $7.6 billion in Q2, up from $7.3 billion in […]
Data center owner, operator and developer CyrusOne has promoted John Hatem to CEO. Hatem’s promotion is effective immediately. He will also have a seat on the company’s board of directors. The Dallas-based company’s outgoing CEO, Eric Schwartz, is stepping down and will work with Hatem to ensure a smooth transition, the company said in a press release. “I have […]
Trader Joe’s Mandarin orange chicken, which costs just under $6, is another one of my favorite quick meals that tastes amazing. All I do is bake the chicken in the oven, stir-fry some vegetables on the stovetop, and add some frozen ginger, fresh garlic, and green onions on top before serving. I love pairing it […]
This article was written by Follow Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of Individual Investors (AAII). Charles provides both insight about individual investor sentiment and market analysis. He is also the author of “Better Good than Lucky: How Savvy Investors Create Fortune with the […]
Virtu Financial’s second-quarter revenue rose 19.0% to $1.19 billion, but net income fell 2.7% to $284.9 million, according to unaudited results released today (Thursday). Operating expenses increased almost 30%, narrowing the company’s net income margin to 23.9% from 29.3%. The final figures closely matched the preliminary numbers Virtu published on July 14. The full release […]
Lenders are less likely to provide loans to borrowers who are new to credit, as they prefer to serve their existing customers, a leading credit information company said on Thursday. According to TransUnion CIBIL data, only 13 per cent of overall loans in FY26 were NTC borrowers against 32 per cent in FY17 […]
The holy month of Sawan (Shravan) has commenced on Thursday, July 30, 2026, ushering in one of the most spiritually significant periods in the Hindu calendar for devotees of Lord Shiva. Regarded as the most auspicious month for Shiva worship, Sawan witnesses millions of devotees across India observing fasts, offering Jalabhishek, visiting temples and chanting […]