2+ week, 2+ day ago   (723+ words) People at Citadel Securities have a new number to contemplate before bonus season: $3.3 billion. That was the market maker’s net income in the second quarter of 2026, up more than 250 percent from a year earlier. Trading revenue more than tripled to…...

2+ week, 5+ day ago   (297+ words) The SEC has sent subpoenas to several major Wall Street banks asking for details on their dealings with Situational Awareness, the AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner. Reports on Monday, citing people familiar with the matter,…...

2+ week, 6+ day ago   (801+ words) Steve Hanke, the Johns Hopkins University economist who has engineered dollarizations and currency boards on four continents, has been named Special Adviser on Economic, Monetary, and Energy Affairs to a leader in Venezuela’s National Assembly. His assignment was to draft…...

2+ week, 6+ day ago   (288+ words) These modest drawdowns sit against a volatile backdrop that tested even experienced macro managers. The month’s turbulence followed heavy selling in AI names before a sharp rebound, creating difficult conditions for directional and relative-value strategies alike. While neither firm is…...

3+ week, 14+ min ago   (529+ words) Three weeks after Ken Griffin’s Citadel absorbed the bulk of Leopold Aschenbrenner’s public-equity book, the multi-strategy giant has already distributed most of the risk. According to a letter I obtained that Ken Griffin just sent to investors on the purchase…...