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RARE PHOTOS: 17 - The Real Truth

Economic crime police investigating irregular trading of MORE shares

Eleven securities firms have asked economic crime suppression police to investigate irregularities in the trading of More Return Plc (MORE) shares and take action against those involved.

Bangkok Post

What Does Prophetic Paul Tudor Jones Have To Say About Economic Future

Billionaire hedge fund manager Paul Tudor Jones sees continued weakness ahead as the U.S. economy heads for recession.

Zenger

Paul Tudor Jones Correctly Predicted The 1987 Stock Market Crash: Here's What The Billionaire Hedge Fund Manager Says Is Coming Next

Billionaire hedge fund manager Paul Tudor Jones sees continued weakness ahead as the U.S. economy heads for recession.

Benzinga

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Ray Dalio Says 'Will Play Markets Till I Die' After Giving Up Control Of World's Largest Hedge Fund

After relinquishing control of the world's largest hedge fund, Ray Dalio, the founder of

Benzinga

Is The Market Volatile? Ken Griffin's Citadel Reportedly Registered Double Digit Returns Across All 4 Funds

In a year marked by extreme volatility, all four funds of Ken Griffin’s Citadel have reportedly generated double-digit returns.

Benzinga

Ray Dalio, founder of Bridgewater Associates, steps down from leadership of world’s largest hedge fund

Ray Dalio announced Tuesday he’s ceding control of Bridgewater Associates, 47 years after he founded the hedge fund that’s become the world’s largest.

Tribune News Service

Ray Dalio transfers control of Bridgewater Associates

"I feel great about the people and 'machine' now in control," Dalio tweeted.

Axios

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Tory party chair defends chancellor over champagne party with financiers

Jake Berry says event on mini-budget day, where guests allegedly told Kwasi Kwarteng to stick to his policies, was ‘not unusual’

The Guardian - UK

He Bet Against Subprime Mortgages, Now John Paulson Is Bullish On Gold Stocks: 2 Gold Mining High Yielders He Owns

A Wall Street investor, who's his claim to fame was betting against subprime mortgages by using credit default swaps, appears to be bullish on equities in the gold sector.

Benzinga

Tory donor's firm which employed Kwasi Kwarteng rakes in millions betting against pound

Crispin Odey - who The Mirror previously revealed made £220 million overnight after the Brexit vote - has overseen a 145% rise in his company's main fund this year, as Tory fury mounts over traders "shorting" the pound

Daily Mirror

Tory donor says bets against UK government bonds ‘gifts that keep giving’

Crispin Odey among hedge fund managers cashing in on UK markets crisis

The Guardian - UK

FCA urged to investigate whether Tory allies shorted pound on insider info

Labour’s Tulip Siddiq calls on City watchdog to determine whether hedge fund billionaires knowingly profited from Kwasi Kwarteng’s mini-budget

The Guardian - UK

Labour urges investigation into ‘leak’ of mini-Budget after hedge funds shorted the Pound

Calls come amid reports hedge fund bosses made ‘small fortunes’ by betting that Sterling would fall

Evening Standard

Founder Of World's Largest Hedge Fund Rails Against Fed, Predicts 20% Stock Plummet

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.

Benzinga

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StockNews.com

3 Stocks You Shouldn't Go to Meme Extremes for in 2022

Meme stocks gained massive popularity last year after their short-squeeze-driven rallies despite possessing weak fundamentals. After a pause for a few months, the meme craze has recently returned, with several struggling stocks soaring to unsustainable prices. However, amid uncertain market conditions, it could be wise to avoid fundamentally weak meme…

The Independent UK

War on Wall Street: Why billionaire Daniel Och is suing his former hedge fund for paying his own protégé too much

The New York mogul left his own hedge fund after a massive African bribery scandal. Now he’s fueding with the man he once groomed as his successor, Io Dodds reports

Tribune News Service

Editorial: Peter Thiel’s warning to GOP is a wake-up call

Peter Thiel, a GOP megadonor and technology billionaire, is a controversial figure within conservative circles. The early investor in Facebook and PayPal co-founder also was an instrumental donor to Trump-backed Senate candidates in Arizona and Ohio.

The Guardian - UK

Woodford fund investors could be in line for £306m in compensation

FCA orders fund’s administrator, Link, to ringfence sum as part of conditions related to its takeover

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The Independent UK

Dubai court rejects Danish extradition request for financier

An Emirati court has ruled that a British man suspected of masterminding a $1.7 billion tax scheme cannot be extradited to Denmark to face charges

Dynamite News

Equity Outlook: Investors await August inflation data for fresh cues

Despite sharp volatility in financial markets globally this week, the Indian stocks managed to close the weekly trade with some gains. Read more on Dynamite News:

Los Angeles Times

Ken Griffin buys Miami compound for $106.9 million, a new record

Hedge-fund billionaire Ken Griffin has shattered the Miami price record, shelling out $106.875 million for a waterfront estate.

Benzinga

Famous Nikola Rolling Down The Hill Video Will Be Part Of Trevor Milton Trial

A video of a truck from Nikola Corp (NASDAQ: NKLA) became the talk of the financial world after a short report questioned if the truck was actually driving. Nikola later admitted the truck was rolling downhill.

The Independent UK

Kim Kardashian to launch private equity firm

Company will invest in consumer and media businesses

The Independent UK

Bed Bath & Beyond shares fall 15% at opening after death of CFO named in alleged fraud scheme

The home goods firm has lost more than 70 per cent of its value so far this year

The Independent UK

Bed Bath & Beyond CFO was implicated in insider trading and fraud scheme days before death, court docs show

Gustavo Arnal fell to his death from his Tribeca home on Friday

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