The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m.
Charlie Munger, vice chairman of Berkshire Hathaway and long-time business partner of Warren Buffett, issued a strong condemnation of the businesses he said enabled the recent frenzy of speculative trading by retail investors.
Hedge funds have lagged the indexes by a wide margin in the current bull market, prompting a massive outflow of investor money.