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Goldman’s Big Hedge Fund Bet Was Perfectly Timed

Goldman reported record equity trading revenue in second-quarter earnings on Wednesday and trounced its peers with a rebound in investment banking revenue that was fueled by a 70% jump in deal-making fees versus the same period last year.

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The Public Stock Market Isn’t Enough Anymore

The sharp division between public and private securities was a major bulwark of financial regulation from the New Deal in the 1930s to the end of the 20th century.

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US Stocks Rebound After Trump Says No Plans to Fire Powell

The S&P 500 Index finished within striking distance of all-time highs after whipsawing on whether President Donald Trump will fire Federal Reserve Chair Jerome Powell.

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EQT Underlying Profit Surges as Exits Climb to €13 Billion

Swedish private equity group EQT AB reported better-than-expected underlying profit in the first half of 2025 as exit volumes jumped and all of its funds performed at or above plan.

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Trump’s U-Turn on Nvidia Spurs Talk of Grand Bargain With China

Only a few years ago, the Biden administration declared export controls a “new strategic asset” to help the US maintain “as large a lead as possible” over China in advanced technology. President Donald Trump is now upending that approach.

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Feinberg Brings Wall Street Drive to Rare-Earth Minerals Push

Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a $400 million bet on the US’s only miner of rare-earth elements, a key commodity in the rivalry with China.

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Goldman Posts Best Stock-Trading Quarter in Wall Street History

Goldman Sachs Group Inc.’s stock traders posted the largest revenue haul in Wall Street history, as volatility sparked by the Trump administration’s trade war spurred a second straight record quarter for the unit.

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Bitcoin Chases American Dream in Norm-Shattering Mortgage Push

What was once dismissed as a fringe fantasy by a niche band of crypto believers is now being tentatively examined by the government-sponsored entities at the core of the US housing market.

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Trump Hails $92 Billion in Investments for AI, Energy Projects

President Donald Trump hailed more than $92 billion in investments in artificial intelligence and energy infrastructure during a visit to Pennsylvania, highlighting his efforts to bolster US competitiveness in the AI field.

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JPMorgan and Citi Clients Are Getting Comfortable With Chaos

Chief executive officers in the US and beyond are becoming accustomed to the policy swings of President Donald Trump and are deciding they can pursue growth ambitions regardless.

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Qube to Enter US After Building $30 Billion Hedge Fund Giant

In roughly seven years, Qube Research & Technologies has grown into a hedge fund powerhouse without setting foot in the US — the industry’s mecca. That’s about to change.

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BlackRock Hits Record $12.5 Trillion in Assets Amid Turmoil

BlackRock Inc. pulled in $46 billion to its investment funds, and assets hit a record $12.5 trillion as clients rode out the volatility of President Donald Trump’s tariff policies in the second quarter.

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JPMorgan’s Surprise Dealmaking Gain Shows Tariff Fear Easing

JPMorgan Chase & Co.’s investment bankers eked out a surprise gain in the second quarter, signaling what may be the start of a dealmaking rebound after widespread hesitation tied to US tariff policies.

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Apple to Buy Rare Earths From Pentagon-Backed US Producer MP

Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last week secured backing from the Pentagon.

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Can Wall Street Help Solve the US Housing Crisis?

Housing affordability has become a flashpoint in the US economy. How can the country be truly wealthy when the bulk of a rising generation can’t afford a home?