Ben Melkman News Today

Warning of weaker Global Oil Demand because of jet fuel demand. And martha pollick on the colleges plan this fall. Lets get back to the lead story on the Economic Data front in the u. S. The number of americans applying for Unemployment Benefits falling below one million since the pandemic began in march. We are seeing economic recovery getting some traction. Joining us is michael mckee. Is it good news, bad news . Think itsdont either. It doesnt show that the recovery is gaining traction as muc...

Maybe multistrategy hedge funds arent so great after all.

(Bloomberg) -- Schonfeld Strategic Advisors dismissed 15% of its workforce to cut costs after scrapping deal talks with Izzy Englander’s Millennium Management earlier this week.Most Read from BloombergHamas Chief Who Deceived Israel Is Target No. 1 Deep UndergroundBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’Israel Latest: Biden Defends Hospital Raid, Says Hamas UnbowedAmong the highest-pro...

The hedge fund thats been very very busy

Paid sabbaticals, huge signing bonuses are among tools being used, as clients foot the bill in chase for steady returns.

Hedge funds have long been the land of eye-popping rewards, but a few recent trends are converging to take it to new levels.

Wall Street was upbeat last week with the S&P 500 logging the biggest weekly rise since July as stocks rallied on earnings,