The Latest Breaking News from International Business Times

Goldman Sachs Says Hedge Funds Had Their Worst Underperformed Against The S&P 500 In More Than 20 Years

The bank called it "one of the sharpest hedge fund de-grossing episodes of the past decade."

International Business Times · Aug 21

Dubai culture isn't an oxymoron – it's why people are staying

Dubai has evolved from a global business hub into a place where culture, education, creativity, and community help families build a lasting future.

International Business Times · Aug 21

The Meta Trial Could Lead To Substantial Changes To Social Media Platforms. Here's How.

A new report claims that a landmark trial against Meta could end up with substantial changes to the way social media platforms are structured.

International Business Times · Aug 21

Moderna, Merck's Cancer Vaccine Breakthrough Raises Hope For New Wave Of Personalized Treatments

Moderna and Merck's experimental cancer vaccine has delivered positive results in a late-stage melanoma trial, giving a major boost to personalized mRNA treatments as rivals including BioNTech and Roche pursue similar approaches.

International Business Times · Aug 21

S&P 500 Earnings Are Surging More Than 50%. AI Is Making the Numbers Look Even Bigger.

Companies on the S&P 500 are closing out one of their strongest earnings seasons in years, with part of the extraordinary growth coming from soaring valuations of artificial intelligence companies.

International Business Times · Aug 21

Americans Spend Nearly $2,000 a Year on Sports. Almost Half of Fans Have Taken on Debt

Among Americans who spend money on sports, 47% said they have gone into debt to pay for those expenses, like tickets, streaming subscriptions, and merchandise.

International Business Times · Aug 20

GTA VI Suffers Another Leak. Gameplay Clips Online Appear Ahead of Netflix Premiere.

At least three clips of gameplay have reportedly circulated, although two were subsequently removed.

International Business Times · Aug 20

Vance Fundraiser Brings In $5 Million as Speculation About A 2028 Presidential Run Grows

Donald Trump Jr. was among the attendees.

International Business Times · Aug 20

Bessent's Plan To Increase The Amount Spent On Buybacks Of U.S. Debt Didn't Reassure Investors. Stocks Dropped.

Bessent said the accelerated buyback of government debt could be higher than the $4 billion announced on Wednesday.

International Business Times · Aug 20

SpaceX Stock Falls Back Below IPO Price As 319 Million More Shares Hit The Market

Another batch of shares held by early investors and employees became eligible for trading Thursday, putting Elon Musk's newly public space company through another major test.

International Business Times · Aug 20