On Friday, the United States prohibited the exportation, re-exportation, sale, or supply, directly or indirectly, from the United States, or by a United States person, of US dollar-denominated banknotes to the Russian government or any person located in Russia. The White House is ramping up economic pressure on Russia over the war in Ukraine.

Back in November, billionaire Steve Cohen predicted a bear market was approaching. The time frame he gave during an interview with the Financial Times (FT) was for it to come in 18 months. Did his prediction come early? Cohen’s remarks were spoken to the FT as his new hedge fund Point72 raised $5 billion since […]

Last fall, the late fashion designer Max Azria’s mansion in Los Angeles went on the market for $78 million, which earned it the title of most expensive listing of the week at the time. On the other coast, Azria’s vacation home on Fisher Island in Florida just went up for sale earlier this month. Although the…