Billionaire Seth Klarman blames low rates and 'capitalist excess' for his fund's languishing returns — and says we've seen only the 'tip of the overvaluation iceberg'
Bradley Saacks | The Boston-based fund, which manages about $30 billion, posted high-single-digit gains for 2019 in a year when the stock market surged by 30%.
Shannen Balogh | The SoftBank-backed startup has a debit card on the market, which runs on Visa rails, according to its website. Mastercard will now be the exclusive card issuer for SoFi.
Bradley Saacks,Dan DeFrancesco | Alt data has been forced to grow up quickly: investors poured in, data powerhouses have carved out their space, and promising companies have flopped.
Alyson Shontell,Avery Hartmans | Tristan Harris, an advocate for more ethical technology, called Facebook a monstrous evil duck during an interview at the World Economic Forum.
Dave Mosher | The SpaceX founder is pushing workers to develop a revolutionary rocket launch system at a breakneck pace in a hamlet called Boca Chica, Texas.
Rebecca Ungarino | The new Merrill Lynch client associate training underscores different career paths opening up in wealth management as the role of adviser changes.
Paayal Zaveri | Front, with a goal of reinventing email, raised $59 million in a round that included capital from software executives at Zoom, Atlasssian and Okta.
Dan Whateley | TikTok's biggest stars tend to be in Generation Z. But as the app gains popularity in the US, other generations are cashing in on sponsored content.
Hillary Hoffower | Henrys typically earn over $100,000, are in their 30s, and struggle to build wealth. Sound like you? You might be making these money mistakes.
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