Author: Daniel snow

[ad_1] Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty ImagesBillionaire investor Ken Griffin’s hedge funds at Citadel have all posted positive returns during a volatile 2025, led by the tactical trading fund. Citadel’s multistrategy Wellington fund, its largest, gained 2.5% during the first half of the year, according to a person familiar with the firm’s returns who asked to remain anonymous as the information is private. Citadel’s tactical trading fund, which combines equities and quantitative strategies, rose 6.1% during the same time, the person…

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[ad_1] Workers across the United States are getting a raise this week after minimum wage increases took effect across several states and localities Tuesday.The wage increases are expected to affect more than 880,000 workers this summer as minimum wage laws take effect in areas including Alaska, Oregon, Washington, D.C. and certain cities in California and Washington state, according to a report by The Economic Policy Institute.In Everett, Washington, a city just north of Seattle, companies with more than 500 employees are now required to pay a minimum of $20.24 an hour. In Alaska, the statewide minimum wage is now $13.00…

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[ad_1] U.S. Senate Majority Leader John Thune (R-SD) walks to the Senate floor as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | Reuters”I believe we do,” Thune said, when asked by reporters if Republicans have reached a deal, following days of evolving negotiations and last-minute additions to convince skeptical GOP lawmakers to back the megabill.Thune did add, however, that he is “always a bit of a realist.”Republican leadership has worked around the clock for days to secure enough votes in the upper…

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