Bridgewater, D.E. Shaw among top hedge fund gainers of 2025
Michel Massoud’s event-driven Melqart Opportunities Fund surged 45%, and Citadel’s flagship hedge fund posted a 10.2% increase in 2025.
Business
Canadian stocks set record for records in ‘jaw-dropping’ year
“The numbers themselves are somewhat jaw dropping,” said IG Wealth Management chief investment strategist Philip Petursson by phone.
Mamdani vows to ‘govern as a democratic socialist’ for every construction worker, halal cart vendor and spice-wielding cook in New York City
“Beginning today, we will govern expansively and audaciously. We may not always succeed, but never will we be accused of lacking the courage to try."
Quran used to swear in New York City’s mayor for the first time in history as Zohran Mamdani takes office
It dates back to the late 18th or early 19th century and belongs to the New York Public Library’s Schomburg Center for Research in Black Culture.
Dollar set for worst year since 2017 with Fed drama center stage
“The biggest factor for the dollar in first quarter will be the Fed,” said Yusuke Miyairi, a foreign-exchange strategist at Nomura.
Gold and silver stumble at the end of best year since the 1970s
“In my career, it’s unprecedented,” said John Reade, a market veteran and chief strategist at the World Gold Council.
Copper records biggest annual gain since 2009 on supply bets
The red metal has notched a series of all-time highs in an end-of-year surge, rallying 42% on the London Metal Exchange this year.
How to win your money resolutions in 2026: From emergency funds to savings goals
“New Year’s is a really good time to review and realign your financial goals overall,” said Erica Grundza, certified financial planner at Betterment, an investing and savings app.
Homeland Security investigates Minnesota for apparent fraud costing taxpayers as much as $9 billion
A federal prosecutor alleged earlier in December that half or more of the roughly $18 billion in federal funds that supported 14 programs in Minnesota since 2018 may have been stolen.
