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Semafor World Economy

Bradley Saacks

Bradley Saacks

Business Reporter

Email Bradley
@SaacksAttack

Bradley Saacks covers business and finance at Semafor. He was previously a reporter for Business Insider, covering the asset management industry.

Sign up for Semafor Business: The stories (& the scoops) from Wall Street.

The new platform giving big hedge funds a run for their money

Dockside, a new business backed by a group of pensions and endowments, may offer a cheaper alternative to funds like Millennium and Citadel.
Getty Images/Atrick T. Fallon/AFP

Inside Pornhub’s finances

Parent company MindGeek, which was bought by a Canadian private equity firm in March, has better profit margins than Meta, investor documents show.
Reuters/STR/NurPhoto

A big legal win may save the U.S. crypto industry

A federal court ruling in favor of Ripple energized the industry and handed SEC chair Gary Gensler a big loss.
SEC chair Gary GenslerReuters/Jonathan Ernst

Why strip malls are a bright spot in a bleak real estate market

Ryan Williams, who leads real-estate investor Cadre, explains the ‘tale of two cities’ in the sector and why its lenders are in a state of paralysis.
Getty Images/Noam Galai for TechCrunch

With Binance under attack in France, founder CZ is bunkered down in Dubai

The billionaire CEO of the crypto exchange is running out of places to live and work as global investigations pile up.
Reuters/Costas Baltas

A recycling mastermind texts with us about enzymes, AI, and more

Emmanuel Ladent took over as CEO of French recycling tech company Carbios at the end of 2021 after a stint as an executive at tire manufacturer Michelin.

Nasdaq restarts on-the-ground hunt for precious China data

Clients of the financial services giant are desperate for information on buying habits in the mainland, but that data is harder to get than before the pandemic.

Former Baidu executive turned investor on why he’s staying away from China

Grindr chair James Lu also previews what’s next for the dating app, AI, and space investing.

RFK Jr. advised firm that pitched investments to business tied to Venezuela scandal

The U.S. presidential candidate was a senior advisor to a firm helping advise a business that’s part of a probe into Venezuela’s state oil company.

‘If I had a magic wand’: The CEO of retirement giant Ascensus explains how to not work forever

We asked David Musto to fix the retirement crisis in the U.S.

Billionaire quant Igor Tulchinsky on AI’s promise and risk

Tulchinsky runs WorldQuant, which manages billions within Izzy Englander’s behemoth fund manager Millennium.

Texting with Reformation’s CEO about sustainability and taking over during a crisis

Hali Borenstein has led women’s clothing brand Reformation since the summer of 2020.

Anthony Scaramucci will back Chris Christie in Republican presidential race

The former Trump official and hedge fund founder said he expects billionaire Steve Cohen will support Christie, too.

In U.S. debt fight, Wall Street’s optimists and pessimists face off

Bond investors obsessed with risk are panicked. Stock traders are betting against a default.

Indian VCs say Western investors haven’t lived up to their hype

Local startup backers expected a flood of foreign capital from Sequoia and others, similar to what occurred in China a decade ago. They’re still waiting.

A door opens for average investors to access unicorns like SpaceX

Forge Global’s new stock index of dozens of startups could eventually help basic mutual funds tap the private markets.

Wall Street presidential donors keep changing their mind

A possible Trump rematch newly energizes Biden backers while billionaires on the Republican side recalibrate.

How a bankrupt crypto lender might turn into the industry’s big break

A new company formed from the ashes of Celsius Network could change the way stocks are traded and provide an alternative to traditional exchanges like NYSE.
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Intelligence for the New World Economy

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