Investing

• The CEO of the world's second-largest alternatives firm is optimistic about a light recession

  Bruce Flatt, CEO of Brookfield Asset Management, talked about inflation, the energy transition and Elon Musk.

• Rising fuel costs are a massive problem for business and consumers — Here's why they're so high

  Consumers are grappling with record high gas prices, but the surge is also hurting businesses.

• Crypto exchange FTX U.S. moves into stock trading

  The U.S. affiliate of crypto exchange FTX said Thursday it plans to roll out zero-commission stock trading.

• Melvin Capital says it's winding down funds and returning money to investors during market turmoil

  Melvin Capital, the hedge fund crushed last year after betting against GameStop, said it will unwind its funds and return cash to investors.

• Tough questions await SEC Chair Gensler as he seeks funding for his regulatory agenda

  The head of the Securities and Exchange Commission will likely encounter questions from several House members who aren’t happy with his regulatory agenda.