Ken Griffin’s Citadel flagship hedge fund gains nearly 5% during January's tech rout
Citadel's multistrategy flagship fund Wellington gained 4.71% in January, outperforming the S&P 500.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Medicare will soon start covering the cost of at-home Covid tests
The announcement comes after Medicare was not included in a Biden administration mandate that insurers cover the cost of at-home tests.
Satellite imagery specialist ICEYE raises $136 million to better monitor catastrophes like floods
Finnish satellite imagery venture ICEYE closed an $136 million round of venture capital fundraising, led by U.K. fund Seraphim Space.
Cramer says he has faith in Mark Zuckerberg's vision after Facebook sinks on weak earnings
"There's some people you have to bet on," CNBC's Jim Cramer said Thursday.
Citigroup CEO Jane Fraser faces disgruntled employees, regulators’ demands in difficult first year
Regulatory scrutiny has weighed on employee morale, making the task of turning around Citigroup harder as CEO Jane Fraser approaches her one-year anniversary.
Owning cryptocurrency may make you more desirable on the dating scene, study finds
Investing in digital currencies can impact more than just your financial standing. It may even score you a date.
Senators tout bill that would make it easier for pregnant women to keep working
A bipartisan congressional proposal would require employers to make reasonable accommodations for pregnant workers.
Elon Musk Asks McDonald’s to Accept Dogecoin
U.Today Alex Dovbnya Jan 26, 2022 Fast food giant McDonald’s is facing backlash after botching its response to Tesla CEO Elon Musk As reported by U.Today,...
Rates are going up: “Emergency monetary measures to support the economy are no longer needed”
BoC Tiff Macklem Feb 2, 2022 Our message is threefold. The emergency monetary measures needed to support the economy through the pandemic are no longer required...
Is Open Sea doing enough to combat NFT fraud?
The Guardian Lois Beckett Jan 29, 2022 The digital marketplace for NFTs grew to an estimated $22bn last year but companies face challenges monitoring stolen art...
Bitcoin evangelist Michael Saylor says clear crypto regulations would speed institutional adoption
The MicroStrategy CEO told CNBC on Wednesday he's looking for "clear, bright line definitions" around a digital security versus a digital currency.
You may not have to pay the IRS back if you got too much in child tax credit payments
The IRS has protections in place that mean some families who received too much through the child tax credit won't have to repay the money.
In the face of wreckage, DeFi’s self-policing shines
Arca Jeff Dorman Jan 31, 2022 The Chief Financial Officer of popular decentralized finance (DeFi) protocol Wonderland was revealed as a convicted scammer and former executive...
Is a scammer getting unemployment benefits in your name? Victims will find out this tax season
Identity theft linked to unemployment benefits has surged during the Covid-19 pandemic. There are several steps victims should take to protect themselves.
Workers at private companies have amassed more than $400 million in state-run retirement programs
So far, three states have automatic-enrollment retirement programs up and running for workers who don't have a 401(k) plan. More are on the way.