‘Big Short’ fund manager Burry dumps portfolio, buys prison stock
By David Randall NEW YORK – Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the 2008 financial crisis, in the…
By David Randall NEW YORK – Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the 2008 financial crisis, in the…
(Reuters) – Short interest on the Nasdaq fell 3.12% in late July, the exchange said on Tuesday. As of July 29, short interest fell to about 12.65 billion shares, from…
NEW YORK – Short interest on the Nasdaq fell 0.9% in mid-July, the exchange said late Tuesday. As of July 15, short interest dipped to about 13.058 billion shares, compared…
FRANKFURT – Euro zone inflation is set to be higher than forecast just a few months ago and even longer-term expectations are moving above the European Central Bank’s 2% target,…
STOCKHOLM – Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due to a pending investigation by a U.S. national security panel. The…
WASHINGTON – A U.S. congressional leader on antitrust, Senator Amy Klobuchar, on Tuesday called for Congress to pass a bill to rein in Big Tech, as prospects of it becoming…
NEW YORK – Short interest on the Nasdaq dipped 0.4% in late June, the exchange said late on Tuesday. As of Nov. 30, short interest fell to about 13.174 billion…
TRENTON, NJ – After state Democrats gave another $100 million to the Rutgers athletic program, a USA Today report detailed over $10 million in lavish and extreme spending on its…
WASHINGTON – If the United States does fall into a recession, it would likely be “relatively short,” with only modest increases in unemployment, and may look like U.S. downturns in…
By Medha Singh (Reuters) – An unusually large quarterly expiration of U.S. stock futures and options on Friday is likely to boost trading volumes and add to volatility, market strategists…
by NJ GOP Caucus TRENTON, N.J. (PRESS RELEASE) – The General Assembly on Thursday passed two bills, sponsored by Assemblymen Ned Thomson and Sean Kean, giving school districts more tools…
JACKSON TOWNSHIP, NJ – An ordinance that would have required realtors to pay a fee to place real estate-related signage in front of homes and land for sale was pulled…
LAKEWOOD, NJ – New Jersey Senator Robert Singer has introduced a bill in Trenton that would allow drivers of shorter school buses that seat up to 9 students to accept…
By Divya Chowdhury MUMBAI – Standard Chartered Chief Executive Bill Winters expects central banks’ fight against surging inflation, driven by structural cost pressures such as wage growth, to result in…
CHERRY HILL, NJ – A man who robbed a bank in Cherry Hill was arrested by police before he got to spend his first dollar of stolen money. Jose Cruz,…
‘Illogical, Moronic, And Nothing Short Of Unethical’: Republicans Lambast WaPo For Tying Them To ‘Eco-Fascism’ After Buffalo Shooting Thomas Catenacci on May 17, 2022 Prominent Republicans slammed The Washington Post…
By Seher Dareen (Reuters) – Gold prices are expected to hold firm this quarter as investors seek refuge from soaring inflation and risks such as the Ukraine war, before retreating…
By Simon Jessop LONDON – Elon Musk may not like it, but environmental credentials still come second to profit and loss for the world’s sustainability-minded investors – even if that…
Defiant New Jersey gym owner Ian Smith raised just $99,161 in his bid for congress while his opponent Bob Healey raised $1,039,414, more than ten times the amount Smith had…
DUESSELDORF – Thyssenkrupp is cutting working hours for 1,300 of its steel workers, the German conglomerate said on Thursday, responding to the impact of the war in Ukraine on the…
BOSTON – The principal and co-founder of a mortgage short sale assistance company was sentenced yesterday in connection with defrauding mortgage lenders and investors out of nearly $500,000 in proceeds…
By Chris Prentice WASHINGTON – You may not have heard of Joshua Mitts, a young Columbia University professor who is making some powerful enemies on Wall Street. The 36-year-old securities…
By Leika Kihara TOKYO -Japan is unlikely to see inflation hitting a central bank target of 2%, even accounting for rising energy costs, Bank of Japan Governor Haruhiko Kuroda said…
Top Climate Democrat Says US Needs More Domestic Oil Production In ‘Short Term’ Thomas Catenacci on March 16, 2022 Democratic California Rep. Ro Khanna, an advocate of aggressive climate policies,…
MILAN – A worsening in microchip supply conditions triggered by Russia’s invasion of Ukraine will prompt carmaker Stellantis to slow operations at its key Melfi plant in Italy next month,…