The question now is why did the banks not figure all of this ahead of time, and more importantly, how many more such instances of a manged absolute priority rule are there...

In the amended complaint, Trump accused the defendants of defaming him through two articles and a book published last year ahead of the presidential election.

“We don’t have enough cops...”

"We will make buses free..."

A “closed loop” of financial deals between AI companies and chipmakers has triggered warnings of a potential bubble...

Trump only responded: "I have to make sure we're stocked up as a country."

...why is it so difficult, even for one of the smartest people ever to have lived, to resist the lure of financial bubbles?

"U.S. credit-risk gauges worsened on Thursday, with the spread... "

The agencies are scrapping the 2023 climate guidance after government officials said that regulation should focus on core financial risks, not climate policies.

Can we really sugarcoat all this with claims everything's going great because GDP is rising and AI is making some of us rich?

...the Cayman Islands is the largest foreign owner of US government securities, ranking ahead of China, Japan and the UK.

“The United States will NOT stand for this Global Green New Scam Tax on Shipping, and will not adhere to it in any way, shape, or form..."

This week and last, it was China’s turn to show it has such statecraft cards up its sleeve...

Diversity and Equity teams make up the majority of the layoffs as NBC seeks to streamline.  Nothing of value was lost...

First regional banks...then...

Obama proudly proclaimed that his library would be built using DEI initiatives and diverse contractors.  Now his foundation is running out of money...

"It remains all about energy drinks again this year with..." 

...best investors understand psychology deeply. They remain humble in good times, skeptical when everyone else is euphoric, and disciplined when the crowd forgets what real risk feels like.

Goldman has identified the following stocks where option expiration activity could have a big price impact...