Carnegie Mellon University announced Wednesday that hedge fund CEO Ken Griffin is donating $3 billion, with the bulk of the money to be used to start a new campus in Miami that will focus on societal

Kenneth C. Griffin, the hedge fund executive, pledged to give $3 billion, much of it to build a campus in Miami.

Record contribution comes as the billionaire seeks to reshape the Florida city to rival the likes of New York and London

Hedge fund manager Ken Griffin announced on Wednesday he will give away a sizable chunk of his wealth to Carnegie Mellon University to build a new campus in Miami, marking a historic investment in one of Florida’s largest cities. Griffin is donating $3 billion to the institution, describing it as the “largest single investment in […]

Stocks drifted lower on Wall Street as long-term Treasury yields ticked higher

Major indexes edged mostly higher in morning trading on Wall Street. Treasury yields steadied and oil prices fell. The S&P 500 index inched up 0.1% in early trading Tuesday. The

Stocks held steady in morning trading on Wall Street Tuesday as Treasury yields remained relatively stable and oil prices fell. The S&P 500 was mostly unchanged. The Dow Jones Industrial Average fell 81 points,

Asian shares have mostly declined following Wall Street losses, and U.S. Treasury yields steadied after reaching their highest in roughly two decades

As the Pentagon prepares to downgrade or eliminate senior billets by January 1, 2027, Trump officials are discussing Russian energy and economic cooperation while Moscow's war on Ukraine continues.

Oil prices surged after Donald Trump made a bold claim about Iran that shifted the market’s direction. The president denied reports of offering sanctions relief, while Qatar pushed for diplomatic breakthroughs amid ongoing Middle East tensions.

Iran-US war live: Oil prices rise after Trump says he has offered Tehran ‘nothing’ in peace talks - Iran's Revolutionary Guards urge American voters to punish Trump at the ballot box in November midterms

Wall Street fell on Monday after Trump rejected an Iranian peace proposal, leading to a spike in crude prices that revived inflation worries.

Under the plan, David Solomon, who has led the bank since 2018, would step down as soon as next year and be executive chair.

Goldman Sachs Group is reportedly laying the groundwork for a succession plan that would see President and Chief Operating Officer John Waldron succeed David Solomon as CEO as early as 2027 or 2028.

Goldman Sachs has had discussions to have COO John Waldron take over the reins in late 2027 or early 2028 with current CEO David Solomon st

Goldman Sachs is considering a leadership transition that could see CEO David Solomon step down and President and Chief Operating Officer John Waldron take over the Wall Street banking giant as early as 2027,