Cantor Fitzgerald LP said it’s so far acquired two investment strategies and an alternative investment platform from UBS Group AG as part of its agreement to purchase the Swiss bank’s O’Connor hedge-fund unit.
Peter Thiel’s private investment firm opened an office in Miami’s Wynwood neighborhood, expanding the billionaire’s presence in Florida, Thiel Capital announced Wednesday.
Mortgage rates have reached their lowest point for the year, potentially injecting fresh momentum into a US homebuying market that spent much of 2025 in the doldrums.
Mortgage rates in the US dropped for a third straight week, ending 2025 at their lowest point for the year.
Just eight billionaires accounted for about a quarter of 2025’s gains
Tesla Inc. once propelled a little-known South Korean family into the ranks of the ultra-rich on a landmark supply deal. But as the contract fell short of expectations, it became a drag on a fortune that was already under pressure — with the full extent only now becoming clear.
