Investrona

Newsmax Inc. shares were cut in half on Wednesday after a raucous two-day surge fueled in part by retail traders briefly made it larger than Fox Corp.

Economists see the chance of a US economic contraction increasing due to President Trump’s trade war. Ana Boata, Head of Economic Research at Allianz Trade speaks to Bloomberg’s Tom Mackenzie about how tariffs might impact the US economy on “Bloomberg Daybreak Europe.” (Source: Bloomberg)

Macro hedge fund EDL Capital notched its best-ever monthly performance in March, shorting US equities and the dollar and betting that President Donald Trump’s policies will backfire.

An attempt to get better terms for Finastra Group Holdings Ltd.’s more than $5 billion debt load — made up of one of the largest loans in private credit history — has fallen apart, according to people familiar with the matter.

Eliezer Mishory, the former chief regulatory officer of derivatives exchange Kalshi Inc., is leading the DOGE team at the US Securities and Exchange Commission, according to people with knowledge of the matter.

Exchange operator CME Group Inc. is launching smaller-sized, longer-dated futures contracts to appeal to more retail investors in cryptocurrency and equity-index markets.

What Trump’s tariffs mean for prices.

KKR & Co. Inc. is in advanced talks to sell its Spanish real estate management company Hipoges Iberia SL to Pollen Street Group Ltd., according to people with knowledge of the matter.

Canadian Conservative Leader Pierre Poilievre says his government would push for an urgent renegotiation of the US-Mexico-Canada Agreement, and all revenues collected from increased trade with the US would fund expanding Canada’s military.