Author: Charlotte

By Dorothy Atkins ( June 23, 2026, 10:23 PM EDT) — Pentwater Capital Management has agreed to pay Avis Budget $650 million to resolve allegations that the Naples, Florida-based hedge fund violated the Securities Exchange Act’s short-swing profits rule by quickly loading up on shares and cash swaps and then dumping shares at the height of a short squeeze…. Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60…

Real growth of Ukraine’s gross domestic product (GDP) in May 2026 amounted to 0.9% compared to May 2025, indicating positive dynamics for the third consecutive month, according to data from the Institute for Economic Research and Policy Consulting (IER). According to the Monthly Economic Monitoring published on the institute’s website, the GDP growth estimate for April was revised downward to 0.7% compared to the same period last year. The estimate for March remained unchanged at 0.8% year-on-year. In February, GDP contracted by 0.6% compared to February 2025, while in January the economy shrank by 1% year-on-year. The IER reported that…

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on Technical Analysis and there is a risk of loss in trading. ₹773 • HDFC BankS1S2R1R2COMMENT765760776782Go short now and at 775. Keep the stop-loss at 778 ₹1029 • InfosysS1S2R1R2COMMENT101599810401070Go short now and…

ndalone shop has gotten pricier, and the competition for established teams has intensified, pushing more talent toward “platform” firms. A recent parallel was Jain Global’s decision to return outside investor money and run capital exclusively for Millennium Management, a larger multi-strategy hedge fund. Performance isn’t the only driver, but it shapes the backdrop: Ovata was up about 10% for the year through May, versus ExodusPoint’s roughly 4% gain over the same period. Bigger platforms can still use hiring to deepen regional coverage, while folding strategies into a structure built to scale up what works and rein in what doesn’t. Why…

The US economy is especially vulnerable to a stock market correction, KPMG chief economist Diane Swonk warned.High earners have been a pillar of the economy in recent years, with the AI trade driving the stock market to fresh record highs and enhancing the so-called wealth effect for many. The bull market has intensified the K-shaped economy since the top cohort of consumers have more wealth tied to the market.”We have built up a mountain of wealth that is highly concentrated,” Swonk explained.”Will that historic pattern hold if financial markets correct or is the cushion large enough to blunt the blow?…

ABS Direct Equity Fund LLC’s Inter & Co Inc Holding Summary As of 2026-03-31, ABS Direct Equity Fund LLC held 581,700.00 shares of Inter & Co Inc(INTR), totaling $4.20 Mil. This investment constitutes 3.21% of their stock portfolio, and ABS Direct Equity Fund LLC now holds 0.13% of the outstanding Inter & Co Inc(INTR) stock. The initial trade took place in 2026Q1. And since then ABS Direct Equity Fund LLC has made 1 purchases of INTR, at an average price of $8.68, for a total of 581,700.00 shares. Based on historical transaction data and INTR’s current price of $5.34, ABS…

The US Navy is building boat ramps, temporary Arctic structures, and practicing logistics operations in Latvia as part of the Baltops 2026 exercises, amid warnings from Western officials about a possible threat from Russia. This was reported by The Telegraph, writes UNN.DetailsUS Navy Seabees construction units are building concrete ramps for landing troops and equipment in the port city of Liepaja on the Baltic Sea coast. According to the publication, in the event of a conflict, these facilities could be used to deploy reinforcements to NATO allies.The Baltic Sea is considered one of the key regions for the defense of…

The Bank of England published its final stablecoin framework on June 22, replacing controversial individual holding limits with a £40 billion issuance guardrail per coin and granting issuers greater flexibility on reserve composition. The decision puts the UK alongside the EU and US as one of three jurisdictions with a binding stablecoin regime, but a £40 billion cap and thin margins on sterling coins raise questions about who the framework actually works for. Source link

In a recent interview on the Pinnacle Digest Podcast, host Aaron Hoddinott sat down with Money Metals President and CEO Stefan Gleason to discuss central bank gold buying, Federal Reserve policy, the future of the U.S. dollar, and the growing debate surrounding America’s gold reserves. Gleason argued that the global monetary system is undergoing a major shift as countries increasingly turn to gold to reduce their dependence on the U.S. dollar.Why central banks are buying Gold instead of US DollarsAccording to Gleason, the freezing of Russian assets following the 2022 invasion of Ukraine accelerated the global push toward de-dollarization. Nations around the world took…

Trident Capital Group announced a series of transactions and developments across the Columbus region, adding approximately 1.94 million square feet of industrial space to its growing Midwest portfolio. A 191,077-square-foot industrial facility was delivered in 2025 and is 100% leased to three tenants. Trident is currently constructing the second phase of the development, which will deliver 177,607 square feet of industrial space. Nick Tomasone and Kilar Mariotti of CBRE are handling the leasing.In April, Trident acquired a 308,358-squarefoot distribution facility. Delivered in 2024, the asset is 100% leased to Ease Logistics Services on a long-term lease. Developed in partnership with…