Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.Marketsread more
Lowe's is vying for a category of customer that Home Depot has traditionally dominated — the professional contractor.Retailread more
Epstein, a former friend of Presidents Donald Trump and Bill Clinton, was arrested by FBI agents in New Jersey in early July as he stepped off his private plane, which had...Politicsread more
Hedge funds posted their lowest annual returns in 2015 in four years, according to data from investment research firm, Eurekahedge.
In a challenging year for investors which saw global stock markets largely fall, the Eurekahedge Hedge Fund Index rose by 1.56 percent, its worst performance since 2011 when it fell by 1.81 percent. In 2014, the Eurekahedge Hedge Fund Index gained 4.64 percent.
The MSCI World Index — a broad indicator of global stock market performance — ended 2015 down 0.48 percent, according to Eurekahedge. The FTSE CNBC Global 300 index closed down 2.70 percent.
Market turmoil, driven by slumping commodity prices and the rout in Chinese stocks, increased risk-aversion in 2015, but also saw investors seek out different approaches to investment. Total assets under management by hedge funds grew by $110 billion, with more than half of this gain coming from investor flows, according to Eurekahedge.
Big-name poor performers in 2015 included Pershing Square, the hedge fund of billionaire investor William (Bill) Ackman. It clocked up a 20.5 percent loss after Valeant Pharmaceuticals, a top holding, was battered in the second half of the year.
"The year (2015) began with major dislocations in currency markets, included steep declines for oil and energy commodities, as well as emerging markets, and concluded with rising geopolitical and terrorism threats as well as the first U.S. interest rate increase in nearly a decade, " Hedge Fund Research said in a report late last week.