Hedge fund meltdown is a (another) warning to Wall Street
CNN
Global banks are, once again, learning about the dangers of excessive leverage; the Great Stuck may be unstuck, but the Suez saga isn't over; and the housing market has truly gone bonkers. Let's get into it.
Tonight: Global banks are, once again, learning about the dangers of excessive leverage; the Great Stuck may be unstuck, but the Suez saga isn't over; and the housing market has truly gone bonkers. Let's get into it. HEDGE FUND FAIL
Pope Leo has appointed a new archbishop of New York who has first-hand experience of countries from where millions have emigrated to the United States, signaling the potential for a more outspoken approach from bishops on immigration.
The Justice Department tried to add a third felony charge related to mortgage fraud against Letitia James when attempting to reindict the New York attorney general last week, according to court documents.
The Brown University mass shooter remains at large as the manhunt enters its sixth day. Follow for live news updates.
The cavalry is not coming to save the Affordable Care Act’s enhanced premium subsidies before they lapse at year’s end. And while the House is expected to vote in January on a Democratic proposal to extend them for three years, the effort faces significant hurdles in the Senate.
The Department of Homeland Security’s newest airplane has a very familiar, very Trumpian look.
In the desert of New Mexico, under wide open skies, hundreds of trainees gather to hear from Border Patrol chiefs as they join an agency with an expanded role and new policies under the Trump administration.
The source of the competing hope and worry: a recent House special election in Tennessee’s 7th Congressional District. The Democratic candidate lost by 9 points. But a year earlier, Republican Mark Green won by 22 points. (Green resigned his seat in July.)
Within weeks of retaking the White House, President Donald Trump boasted that he had “brought free speech back to America.” But since then, he has tested the limits of the First Amendment time and again.
The winning numbers are out for the estimated $1.25 billion Powerball jackpot, the second-largest in 2025.
President Donald Trump delivered a rare 20-minute primetime speech from the Oval Office on Wednesday night.
President Donald Trump announced Wednesday that he would be issuing checks to members of the United States military for $1,776 – in honor of the country’s founding – calling the payment the “Warrior Dividend.”
The US military conducted a strike against another alleged drug-trafficking boat in the eastern Pacific Ocean on Wednesday, killing 4 people, according to US Southern Command.
Venezuelan President Nicolás Maduro said Wednesday that his US counterpart Donald Trump had revealed his true motives toward the South American country with his claim that that it had stolen US “oil, land and other assets.”