A hedge fund cofounded by a 32-year old has raised $100 million

A new hedge fund has raised over $ 100 million and plans to use troves of data from other managers to select its investments.  Epsilon Asset Management plans…

Traders are doubling down on one of the market’s hottest trades

You’d think last Thursday’s stock market shock would have investors betting on more price swings. The opposite has happened. Traders are instead using the 44% single-day spike in…

Tech ‘unicorn’ IPOs are booming

Highly-valued tech startups are going public at a pace not seen in three years. Four so-called “unicorns,” or private companies valued at $ 1 billion or higher, completed…

This chart shows the actual — and perceived — number of immigrants in 9 countries

Anti-immigrant sentiment is on the rise across the US and Europe.  In the US, President Donald Trump has unveiled legislation intended to limit immigration to only high-skill workers. And the…

ACE HARDWARE CEO: I’d never say we’re Amazon proof, but here are 3 ways we can survive the retail apocalypse (AMZN)

Retail is in peril, and Amazon is a big reason why. But home improvement stores have enjoyed some protection from Amazon’s encroachment into virtually every sector. They’re sometimes…

Why Wall Street is so fixated on Gary Cohn’s position in the White House

Markets tumbled on Thursday after rumors swirled that Gary Cohn, President Donald Trump’s top economic adviser and formerly Goldman Sach’s number two, was resigning. The S&P 500 slumped at…

Mercedes-Maybach just unveiled a stunning convertible concept car to rival Tesla

On Friday, Mercedes-Maybach unveiled its new Vision 6 Cabriolet concept at the 2017 Monterey Car Week in Monterey, California. The stunning drop top is the ultimate embodiment of…

41,000 former students of a closed college may get $183 million to pay off their student loans

The Consumer Financial Protection Bureau (CFPB) and 13 state attorneys general have reached a settlement in a case that alleges private student lender Aequitas Capital Management conducted a…

Here’s a super-quick guide to what traders are talking about right now

Dave Lutz, head of ETFs at JonesTrading, has an overview of today’s markets. The US markets had a rough day Thursday and are looking at a flat open…

Cisco’s revenue has declined for 7 quarters — but the signs of a comeback are already visible (CSCO)

Cisco posted a seventh consecutive quarter of declining revenue this week, but many analysts are looking past the the losing streak and pointing to the first signs of a comeback. …

THE BLOCKCHAIN IN THE IoT REPORT: How distributed ledgers enhance the IoT through better visibility and create trust

This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. Blockchain isn’t just for…

ELIZABETH WARREN: Wells Fargo promotion of ex-Fed official in response to scrutiny on consumer fraud ‘simply doesn’t cut it’ (WFC)

Wells Fargo’s effort to turn the page on consumer fraud scandals is falling short. That’s according to Massachusetts senator Elizabeth Warren, who has requested the Federal Reserve remove the bank’s…

Treasury minister: ‘Significant appetite’ for UK investment as Dutch insurer Aegon signs £160 million Funding Circle deal

LONDON — Dutch insurance firm Aegon will lend £160 million to UK small businesses using peer-to-peer lender Funding Circle’s online platform. Aegon will invest in loans to UK small…

‘We’re at economic war with China’: Steve Bannon lays out China trade plans in wide-ranging interview

Steve Bannon, the Trump administration’s chief strategist, says he has a comprehensive plan to reshape US-China relations. Bannon, in a wide-ranging interview with The American Prospect published on…

Here come the Fed minutes …

The Federal Reserve is set to release the minutes of its July 2017 policy meeting at 2 p.m. ET.  At that meeting, the Federal Open Markets Committee voted…