Paul Allen’s estate has sold its stake in a wealth adviser that was once part of the Microsoft Corp. co-founder’s private investment firm in the latest shake-up of assets tied to the late entrepreneur.
Billionaire Chris Rokos’ hedge fund posted yet another year of double-digit gains, joining peers cashing in on macro trades last year.
The president’s latest announcement sounds dramatic, but the numbers tell a different story
By contrast to most other assets, 2025 was exceedingly uneventful for UK house prices. Will 2026 be the same?
At least a half-dozen billionaires left California before the new year, and their exodus could soon be followed by more than a dozen others in the face of a proposed 5% tax on their wealth, according to financial advisers to the rich.
Britain’s most affluent families have been hit by a sharp downturn in their personal finances, with higher taxes and sluggish pay threatening to stunt a crucial driver of the country’s consumer economy.
India’s market regulator is alleging that Bank of America Corp. employees shared non-public information with other colleagues inside the firm about a block trade of shares in 2024, according to a person familiar with the matter.
President Donald Trump said he would move to ban institutional investors from buying single-family homes, the latest proposal from the administration to address housing affordability ahead of this year’s midterm elections.
Jefferies Financial Group Inc. posted a drop in quarterly profit as the bank took a $30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group.
Anthropic, the artificial intelligence startup behind the chatbot Claude, is raising a new round of funding that would value the company at $350 billion before the new investment, according to people familiar with the matter.
