President Donald Trump’s surprise decision to impose a 90-day halt on reciprocal tariffs against foreign trading partners, excluding China, was hailed by billionaire hedge fund investor Bill Ackman on Wednesday.
Read More Hedge Fund Manager Bill Ackman: Trump’s 90-Day Tariff Pause Was ‘Brilliantly Executed’Tag: Hedge Fund
Sam Bankman-Fried’s Ex, Caroline Ellison, Sentenced to 2 Years for FTX Involvement
Caroline Ellison, a former top executive in Sam Bankman-Fried’s collapsed crypto empire, was sentenced to two years in prison on Tuesday.
Read More Sam Bankman-Fried’s Ex, Caroline Ellison, Sentenced to 2 Years for FTX InvolvementSam Bankman-Fried apologizes to FTX ex-colleagues at sentencing hearing
Sam Bankman-Fried meant no harm to the customers of the FTX cryptocurrency exchange he founded.
Read More Sam Bankman-Fried apologizes to FTX ex-colleagues at sentencing hearingA $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots
Investors wondering whether markets can continue their torrid rally are eyeing a nearly $6 trillion pile of cash on the sidelines.
Read More A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots