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Big Short s Lippmann Is Building Portfolios Resilient to High Rates

Greg Lippmann, the trader who was immortalized in Michael Lewis’s book “The Big Short,” sees a soft landing by the Federal Reserve as unlikely and is focusing…

S&P 500 Options Quirk Mints Billions, Stirring Manipulation Talk

The fate of stock options with a face value of trillions of dollars is being influenced by unusual trading activity in the S&P 500 outside regular market…

Micron Slides After Predicting Steeper Loss Than Expected

Micron Technology Inc. fell in late trading after predicting a steeper loss than anticipated in the current quarter, indicating that an industry slump is…

Exxon Barred From Trucking Oil From California Offshore Platform

Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks to ship crude to refineries on shore. • None Citadel Is…

Citadel Is Ready to Fight With SEC Over WhatsApp Probe

Citadel is preparing to push back against the Securities and Exchange Commission’s WhatsApp probe, taking a harder line than the almost two dozen banks that…

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