Bill Ackman has built a reputation as one of Wall Street’s most polarizing figures, blending high stakes investing with a penchant for public discourse that often sparks firestorms across social…
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Finance
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’.
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For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…
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For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…
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The road to confirmation just got bumpier for acting Attorney General Todd Blanche. After surviving a key committee vote Tuesday, Blanche’s fate became even more uncertain as Republican leaders eye…
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Stocks
S&P 500 hits record, Dow surges 900 points after Bessent says Hormuz deal is near: Live updates
Wall Street experienced a massive surge on Tuesday, sending the S&P 500 to a fresh all-time intraday high and pushing the Dow Jones Industrial Average up by roughly 900 points.…
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Market turbulence is a ‘huge opportunity’ for long-term investors, CIO says The recent wave of volatility sweeping through global markets has left many investors rattled, but at least one prominent…
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As artificial intelligence continues to dominate stock market headlines and capture investor attention, one top strategist is urging people not to lose sight of other opportunities. Marta Norton, chief investment…
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New Jersey sued Amazon.com on Tuesday, accusing the online retailer of abusing its market power over independent delivery drivers in the state. Amazon used its dominance to impose low pay…
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The U.S. dollar weakened sharply against the Japanese yen on Monday after both Washington and Tokyo confirmed they had jointly intervened in currency markets, a rare coordinated move that sent…
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Politics
Top Trump ally warns super PAC bankrolled by Dem billionaire is meddling in his GOP primary
A clean energy super PAC bankrolled by a left-wing billionaire is pouring millions into an effort to unseat Rep. Andy Ogles, R-Tenn., as he wages a bid for re-election in…
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For nearly a decade, development finance institutions have talked about creating markets rather than just funding individual deals. The International Finance Corporation unveiled its Creating Markets strategy back then, framing…