EU Targets France's Jordan Bardella With Fraud Probe As His Anti-Migration Party Surges In The Polls

Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul Steve Cohen spent last fall doing something few billionaire owners enjoy: apologizing. As the New York Mets staggered through a bruising 2025 campaign, he took to social media to tell fans he was sorry for the disappointment at Citi Field. Yet even as the baseball season fizzled, Cohen was clinching a very different kind of pennant, according to Bloomberg. The founder of Point72 Asset Management finished the year as the highest-paid hedge fund manager on Bloomberg’s annual ranking, pocketing an...

S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations" New Orleans, home to Mardi Gras and muffulettas, has been governed by Democrats for decades, so it should come as little surprise that S&P Global Ratings has slashed the city's obligation rating to the third-lowest level of investment grade and placed it on a negative outlook. S&P Global Ratings cut New Orleans' general obligation rating by one notch to BBB+ with a negative outlook, citing structurally imbalanced finances, shrinking reserves, and growing reliance on one-time desperate measures to meet cash needs. "The...

Stock Futures Surge, Oil Tumbles On Iran Ceasefire Optimism US futures are sharply higher and oil tumbles as the US reportedly offered a15-point plan to help bring the conflict to a close triggering a global rally; Meanwhile Iran is said to have rejected the plan and kept up missile and drone attacks on Israel and Arab Gulf states in response to attacks on its own facilities, while the US continues to move new military assets into place ahead of Trump’s deadline to reopen the SoH. So the situation remains fluid....