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Citadel Securities Made $3.3B in Three Months. How Much of That Profit Will Its Employees Pocket?

People at Citadel Securities have a new number to contemplate before bonus season: $3.3 billion. That was the market maker’s net income in the second …

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“Reasons or Results”: What Kevin Warsh Just Told the Bond Market

What happens in Jackson Hole does not stay in Jackson Hole. That is why desks ...
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How Data Centers Came Between Trump and Texas

In November 2025 Texas Governor Greg Abbott proudly announced a $40 billion investment in Texas ...
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Bond Vigilantes vs Scott Bessent

For those of us from the UK, bond vigilantes are not a textbook idea. They ...
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