World's Newest Haven For Billionaires

   Abu Dhabi is now the go-to place for billionaires to keep their cash.

   Big names like crypto king CZ, India's Adani clan, and hedge fund manager Ray Dalio have all joined in.

   So what's going on? Billionaires are setting up what's called SPVs (Special Purpose Vehicles) to protect their money.

   Actually, Abu Dhabi's got over 5,000 of these, and it's just getting started.

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Central Banks Teeter on the Edge: Will Rate Cuts Rescue the Drowning Economy?

   Central banks, like the Federal Reserve, are hinting at reducing interest rates in 2024.

   What's the big deal? This might make loans cheaper and help indebted businesses and the stock market, but the Fed's boss, Jerome Powell, isn't promising anything just yet.

   The U.S. economy is showing some promising signs, with inflation slowing down and less frantic hiring by companies.

   You know, the economy is doing okay, but the mood in the country is a bit gloomy. Even if the numbers look good, many people are stressing out over money matters.

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Masters Of The Universe: Citadel Securities

   In a world of market twists and turns, Citadel Securities stands tall.

   Their latest score? A sweet $1.8 billion in revenue, up from $1.66 billion last quarter.

   Citadel has been banking a billion or more every quarter for nearly four years. Talk about consistency!

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Retail Rumble: Macy's Magnates Mull Mammoth Buyout

   Macy's could be leaving the stock market behind.

   A team of investors (Arkhouse Management and Brigade Capital) have thrown a $5.8 billion offer on the table to buyout the store chain.

   They're offering $21 for each share, a full 21% more than the last closing bell price.

   The shopping giant's been on a bit of a winning streak, with stock prices shooting up nearly 62% in just a month.

   What's super interesting is Macy's real estate, with some speculation it could be worth around $8.5 billion.

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