Billionaire Louis Bacon Is Closing Legendary Hedge Fund

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Billionaire Louis Bacon Is Closing Legendary Hedge Fund

Legendary trader Louis Bacon told his investors on Thursday that he would be closing his big multi-manager hedge funds, another signal of the increasing difficulty traders are having making hedge fund strategies work. Bacon’s hedge fund firm, Moore Capital …
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UPDATE 1-Monetary conditions 'about right' given economic situation – Bank of Canada's Poloz

(Adds background, detail, Poloz quote). By Fergal Smith. TORONTO, Nov 21 (Reuters) – Bank of Canada Governor Stephen Poloz said on Thursday he thought Canada’s monetary conditions were about right given the current economic situation that is being …
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House panel approves first bill to decriminalize and tax marijuana at federal level

The House Judiciary Committee approved legislation on Wednesday that would decriminalize marijuana at the federal level and reassess pot
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SpaceX starship test in South Texas ends in a big bang

SpaceX’s Starship MK-1 prototype appears to have suffered a serious failure during testing at the company’s Boca Chica Beach facility Wednesday afternoon. A livestream of the test shows the top of the Starship shooting off and smoke or gas billowing out of …
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Gas Topped $5.00 A Gallon In NYC And LA In October – But Relief Is In Sight For Thanksgiving

About 55 million motorists will take to the roads to visit family, friends and loved ones this Thanksgiving. The good news for those living between New York and California is that gas prices are slightly down from this time last year, about 26 cents cheaper …
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