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Hedge Funds Face California Rebuke Over Role in Wildfire Claims

(Bloomberg) -- Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical.Most Read from BloombergNext Stop: Rancho Cucamonga!Where Public Transit Systems Are Bouncing Back Around the WorldICE Moves to DNA-Test Families Targeted for Deportation with New ContractTrump Said He Fired the National Portrait Gallery Director. She’s Still There.US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents War

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Yield Hunters Fuel a $331 Billion Wave of Emerging Bond Sales

(Bloomberg) -- Strong demand from yield-hungry investors is driving a surge in developing-world bond sales as borrowers race to secure financing ahead of any further wobbles in global markets.Most Read from BloombergNext Stop: Rancho Cucamonga!Where Public Transit Systems Are Bouncing Back Around the WorldICE Moves to DNA-Test Families Targeted for Deportation with New ContractTrump Said He Fired the National Portrait Gallery Director. She’s Still There.US Housing Agency Vulnerable to Fraud Afte

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Best Stock to Buy Right Now: Costco vs. Home Depot

Costco is humming along, with solid improvement in same-store sales, membership, and new store openings. Recently, Home Depot has dealt with a demand slowdown, but some factors could start to work in its favor. When it comes to massive retailers, perhaps two of the businesses that immediately come to mind are Costco Wholesale (NASDAQ: COST) and Home Depot (NYSE: HD).

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1 Stock Down 34% This Year to Buy and Hold

Investors are withdrawing their money from stocks like Viking Therapeutics due to the current uncertainty. Shares of Viking Therapeutics (NASDAQ: VKTX), a mid-cap biotech, are down by 34% this year. The latter is true, at least to some extent, but Viking Therapeutics' thesis has not changed significantly this year.

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