Saturday , 20 December 2025

Recent Posts

Man Group’s profits fall on performance fees plunge

Bloomberg Man Group Plc, the world’s largest publicly traded hedge fund firm, reported 17 percent lower profit in 2015 after performance-fee revenues and margins dropped. The shares fell the most in nearly six months. Adjusted pretax profit fell to $400 million from $481 million a year earlier, the London-based company said in a statement on Wednesday. That missed the $455 …

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Stock market rout can’t breach USA consumer firewall

Bloomberg As the dot-com bubble burst, then-Federal Reserve Chairman Alan Greenspan said the last firewall between the U.S. economy and a recession is consumer confidence. Given the market’s plunge this year, will it hold now? So far, so good. The risk facing the U.S. is that falling stock prices cause people to start worrying about their finances, and they spend …

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Trump’s Nevada win pushes him nearer to nomination

Bloomberg Donald Trump’s dominating victory in the Nevada caucuses pushes him further out ahead of his nearest competitors for the Republican presidential nomination, giving his unorthodox candidacy a major boost heading into Super Tuesday contests next week. The real estate mogul and political newcomer now has won in the Northeast, the South and the West by riding a wave of …

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