Investing

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Supreme Court Orders Dismissal Of Suits Over Trump Finances

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Two lawsuits accused Donald Trump of unconstitutionally profiting from his presidency.

Diamond Trade Is Roaring Back Thanks To Stuck-At-Home Shoppers

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The boom was helped by bumper holiday jewelry sales, particularly in the vital U.S. and Chinese markets.

Singer Says Long-Term Bonds Are A 'Senseless' Speculative Trade

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Billionaire Paul Singer says 1970s-style inflation can happen again.

BlueCrest’s 95% Gain Swells Michael Platt’s Wealth To $10 Billion

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Asking clients to take their billions away has worked wonders for Michael Platt.

Trump Reveals Extent Of Pandemic Damage To Business Empire

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Revenue from Donald Trump's Washington and Las Vegas hotels is down by more than half.

Musk's $100 Million Prize Is For Tech The World Desperately Needs

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The world’s richest man is donating $100 million to a prize for the best carbon capture technology.

N.Y. Prosecutors Subpoena Records On Trump's Seven Springs Estate

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New York City prosecutors investigating possible tax fraud look to a sprawling Trump Westchester property.

De Beers Raises Diamond Prices Most In Years

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De Beers has raised diamond prices as the industry begins bouncing back from the pandemic-induced shutdown.

Scion Of Singapore's Richest Clan Strives To Salvage China Deal

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City Developments' Sherman Kwek is trying to hold together an expansion into China.

Billionaire Branson’s Virgin Orbit Sends Satellites Into Space

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Richard Branson’s orbital-rocket system put its first satellites into space, after a previous attempt failed.

The Rich Are Minting Money In The Pandemic Like Never Before

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Many economic policies during the pandemic, especially the Fed's, have helped the wealthy become even more so.

Hot Alternative Investments To Watch In 2021

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Here are some offbeat ways to diversify your portfolio.

Hedge Fund That Hasn't Lost In A Decade Piles Into Russian Stocks

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The flagship fund at Moscow-based Balchug Capital advanced 23% in 2020.

Billionaire Arnault's Son In Luxury Big League With Tiffany Role

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The 28-year-old son of French billionaire Bernard Arnault was thrust into the limelight with his role at the iconic jeweler.

Elon Musk Surpasses Jeff Bezos To Become World's Richest Person

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Elon Musk, the outspoken entrepreneur behind Tesla and SpaceX, is now the richest person on the planet.

Hamilton Lane Launches New Fund For HNW Investors

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The fund offers private equity and private credit assets.

Reliance Asks Court To Stop Tower Vandalism Amid Farmer Protests

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Billionaire Mukesh Ambani’s telecom unit wants to stop tower destruction as farmers rage against new laws.

Jack Ma Skips Cherished TV Show After Beijing Tightens Screws

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Ma hasn’t been seen in public since Chinese regulators torpedoed Ant’s $35 billion IPO.

Icahn Sells $600 Million Herbalife Stake, Gives Up Board Seats

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Icahn is winding down his holdings in the nutritional-supplements company after an eight-year investment.

Why A Year-End Rally Bodes Well For 2021

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A 10%-plus gain in the final two months of the year has led to a higher S&P 500 the following year every time since 1945.

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