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Is Stock Market Open today, on Presidential Inauguration Day? →  January 19, 2017

Is the Stock Market Open on Presidential Inauguration Day? A new day, a new president. As always, inauguration day for the next United States president will be a momentous occasion, not only for the country itself, but for the world. And, of course, by extension, the stock markets. The Donald Trump inauguration date, perhaps for […]

Prince William quits his air ambulance job →  January 20, 2017

Prince William has announced he will be leaving his job as a helicopter pilot The Duke of Cambridge joined the East Anglian Air Ambulance in July 2015 But he has decided to leave the position and spend more time in the capital  By Abe Hawken For Mailonline Published: 16:13, 20 January 2017 | Updated: 16:24, […]

Trumponomics may be wrong medicine for U.S. economy today →  January 20, 2017

WASHINGTON Tax cuts, deregulation and more federal spending advocated by the incoming Trump administration are a classic remedy for economic stagnation and long unemployment lines. But that medicine may be too strong for an economy that has grown for eight years, with wages now rising and the jobless rate near what many economists consider “full” […]

Ex-Visium fund manager convicted of fraud by Manhattan jury →  January 20, 2017

A former portfolio manager at Visium Asset Management LP was convicted of securities fraud on Thursday, following a trial that stemmed from a federal investigation that led to the New York-based hedge fund’s closure last year. Stefan Lumiere, whose sister was married to Visium founder Jacob Gottlieb when he worked at the hedge fund, was […]

Jury finds hedge funder guilty in 90 minutes →  January 20, 2017

Manhattan federal court jurors took just 90 minutes on Thursday to find Stefan Lumiere, a former hedge fund portfolio manager, guilty of securities fraud and conspiracy charges. The quick verdict shocked Lumiere’s family and legal team. “I know my brother is innocent,” the hedgie’s sister, Alexandra Lumiere Gottlieb, told The Post. Lumiere cheated investors of […]

Ex-Visium fund manager convicted of fraud by Manhattan jury →  January 20, 2017

(Adds information on sentencing) By Nate Raymond NEW YORK Jan 19 A former portfolio manager at Visium Asset Management LP was convicted of securities fraud on Thursday, following a trial that stemmed from a federal investigation that led to the New York-based hedge fund’s closure last year. Stefan Lumiere, whose sister was married to Visium […]

The Texas Permanent School Fund Sells 2458 Shares of ManpowerGroup (MAN) →  January 20, 2017

Texas Permanent School Fund cut its stake in shares of ManpowerGroup (NYSE:MAN) by 4.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 52,207 shares of the company’s stock after selling 2,458 shares during the period. Texas Permanent School Fund owned 0.08% of ManpowerGroup […]

Is Stock Market Open today, on Presidential Inauguration Day? →  January 19, 2017

Is the Stock Market Open on Presidential Inauguration Day? A new day, a new president. As always, inauguration day for the next United States president will be a momentous occasion, not only for the country itself, but for the world. And, of course, by extension, the stock markets. The Donald Trump inauguration date, perhaps for […]

Weird and wonderful gifts presented to the Royal Family  →  January 19, 2017

Duke and Duchess of Cambridge were showered with gifts on Canadian tour  Prince Harry received rum and hot pepper sauce while in Antigua and Barbuda Queen’s 90th birthday presents included salmon, whisky and a tartan travel rug By Kerry Mcdermott For Mailonline Published: 14:03, 19 January 2017 | Updated: 15:59, 19 January 2017 e-mail 48 […]

Dollar bounces back, bond yields jump on Yellen’s rate guidance →  January 19, 2017

LONDON The dollar rebounded, Asian shares slipped and government bond yields soared to multi-week highs on Thursday after U.S. central bank chief Janet Yellen signaled a path of steady interest rate increases for the world’s largest economy. The European Central Bank was set to meet as the euro recovered some of the ground it lost […]

Boston-area hedge fund accused of fraud misuse of money →  January 19, 2017

It’s alleged three Cambridge-based hedge funds and the man who ran them have been operating a Ponzi scheme that took in $15.3 million from 47 investors Yasuna Murakami launched his MC2 Capital Partners Fund in 2007, taking in $3.5 million, mainly from friends and family It’s alleged, Murakami returned less than $6 million to investors, […]