The Exchange Square Complex, which houses the Hong Kong Stock Exchange, on Feb. 26, 2025.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region, following the news of DeepSeek's...
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Airline stocks slide as concerns grow over consumers’ travel appetite
A Delta Air Lines Boeing 767-332(ER).Joan Valls | Nurphoto | Getty ImagesAirline stocks slid further on Tuesday as Wall Street's concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector.Shares of Delta Air Lines fell more than 2% in...
Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management's multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump's uncertain tariff policy.The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades...
Tariffs will likely raise much less money than White House projects, economists say
President Donald Trump speaks before signing executive orders in the Oval Office on March 6, 2025.Alex Wong | Getty ImagesPresident Donald Trump says that tariffs will make the U.S. "rich." But those riches will likely be far less than the White House expects, economists said.The ultimate sum could have big...
Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty ImagesWith decision day looming this week...