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Point72 Asset Management, the revamped firm of the billionaire investor Steven A. Cohen, generated a profit of nearly $1 billion for the first half.
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Billionaire investor Paul Singer also warns of a scenario of "real class warfare."
While Fed chair Janet Yellen may win monetary policy battles within the Fed, she still risks losing the economic war.
JPMorgan found the perfect suitor for a big book of loans it wanted to get rid of: Bain Capital.