Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Prosecutors allege that Stephen Calk, former president of Chicago-based Federal Savings Bank, loaned former Trump campaign chair Paul Manafort as much as $16 million in...Politicsread more
Oil prices tumble as the market braces for a prolonged U.S.-China trade war and on signs the U.S. is willing to negotiate with Iran.Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
European pilots are urging the EU's aviation regulator to conduct an independent and thorough review of the Boeing 737 Max before it flies again. The planes have been grounded...Airlinesread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
Hedge funds are on track to top $3 trillion dollars in assets this year, with nearly a third of those funds banking on an extra $100 million in brand new money over the next few quarters.
The forecast is part of a new Deutsche Bank Alternative Investment Survey, due out Tuesday
Appearing on "Power Lunch" Monday with an exclusive preview, Barry Bausano, president of Deutsche Bank Securities and co-head of global prime finance for Deutsche Bank, revealed a key growth driver "The hedge fund industry is expected to grow an additional seven percent in 2015, driven in part by quantitative strategies.
"Notably, CTA / trend following is the 4th most sought after strategy in 2015, marking a sharp reversal of trend from the last two years, when the vast majority of investors were planning to reduce their allocation.
As for best-performing regions, Bausano says "The universe of investors waking up to the opportunity in China is noteworthy: 23 percent (by AUM) plan to increase investment in the region over the next 12 months, compared to only 11 percent last year, followed by 36 percent interest in India in the same period. "
Beyond Asia, Bausano says hedge fund investors are bullish on most of North America, "Continued growth is expected for North America, with the United States / Canada to be the top performing region and the most sought after one for investment in 2015.