Star fund manager takes leave amid accusations of cherry picking

August 21, 2024 · Business

Ken Leech, the longtime Western Asset Management chief investment officer, left that role amid probes from the Justice Department and Securities and Exchange Commission into whether some clients…

Roaring Kitty’s favorite meme stocks are tanking today as the trader faces securities fraud claims over past social media posts

July 1, 2024 · Business

Meme-stock king Keith Gill—also known as ‘Roaring Kitty’—seems to be losing his golden touch. Shares of the viral stock picker’s newest target, the online pet retailer Chewy, fell…

The running of the bulls in the 2023 stock market was more like the waddle of the fat cats

January 13, 2024 · Business

Meow. That’s the sound of 2023’s bull market getting swallowed up by the fat cats that make up the vast majority of stock-market wealth. How vast? Try a…