You Bought a Hot Fund. Now It’s on Ice.

[ad_1] Investors who piled into an unconventional Blackstone real-estate fund now can’t get more than a sliver of their money out. [ad_2] Source link

Sam Bankman-Fried Set to Testify to Congress About FTX Collapse

[ad_1] FTX founder Sam Bankman-Fried said that he would testify next week before Congress, setting up a high-profile exchange with lawmakers. [ad_2] Source link

Oil Market Takes Russian Price Cap in Stride

[ad_1] Markets Commodities Oil Markets It is too soon to say whether the cap will succeed in stifling Russian oil revenue, but so far sanctions have avoided causing a surge…

Rivals Worried Sam Bankman-Fried Tried to Destabilize Crypto on Eve of FTX Collapse

[ad_1] Markets Currencies Cryptocurrency ‘Stop trying to depeg stablecoins,’ Binance’s Changpeng Zhao wrote in a chat to the FTX founder [ad_2] Source link

Fidelity International Wins China Mutual-Fund License

[ad_1] The asset manager follows BlackRock and Neuberger Berman in getting Chinese regulatory approval to manage money for individual investors. [ad_2] Source link

Copper and Aluminum Bulls are Running Too Fast

[ad_1] As China moves from ‘zero Covid,’ metals are rallying in hopes of a quick economic rebound, but it may be too early to celebrate. [ad_2] Source link

Chewy’s Online Pet Dominance Could Lose Its Bite

[ad_1] Markets Heard on the Street The company is still the dominant online pet retailer, but Amazon and big-box retailers are starting to nip at its heels [ad_2] Source link

Stock Futures Rise Ahead of Producer-Price Data

[ad_1] Markets U.S. Markets Worries about the path of interest rates have led to choppy trading recently; major U.S. indexes are headed for weekly losses [ad_2] Source link

A Year-End Surprise: A Tax Bill on Top of Your Mutual-Fund Losses

[ad_1] In this brutal year for markets, some mutual-fund investors are facing a double whammy: big losses and big tax bills.  This is happening because fund managers have had to…

Your Wallet Is Being Drained by Subscriptions. Wall Street Thanks You.

[ad_1] Try to count how many subscriptions you have. We’ll wait.  There is your Amazon Prime and your Spotify—those you are married to. What about the Apple TV+ subscription you…