Russia Detains Wall Street Journal Reporter Plans to Hold Him Until Late May
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Wall Street Likes the Fed's Communications Style. Main Street Does Not
Analysts say the central bank's leaders are doing a good job describing monetary policy changes and strategies. The general public doesn't share their view, a pair of surveys show.Inc. - Business -
Axelrod: Biden 'pride' may cost him election
Senior Democratic strategist David Axelrod hit President Biden over his economic messaging Wednesday following a campaign event in Milwaukee, saying the president’s “pride” could be his undoing in November. Biden has consistently framed struggles ...The Hill - Politics - Joe Biden -
Wall Street Isn't Sweating a Recession. Earnings Look Too Good
Companies are crushing first-quarter reports and fewer execs are mentioning the odds of a downturn.Inc. - Business -
Jim Simons, Math Genius Who Conquered Wall Street, Dies at 86
Using advanced computers, he went from M.I.T. professor to multibillionaire. His Medallion fund had 66 percent average annual returns for decades.The New York Times - Business -
How Jim Simons pioneered quantitative trading and transformed Wall Street
Billionaire investor Jim Simons, a mathematician who founded one of the most profitable trading firms of all time and pioneered the field of quantitative investing, has died at the age of 86.MarketWatch - Business