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Tag: Hedge Fund

NEW YORK, NY - NOVEMBER 10: CEO and Portfolio Manager Pershing Square Capital Management L.P. William Ackman speaks at The New York Times DealBook Conference at Jazz at Lincoln Center on November 10, 2016 in New York City. (Photo by Bryan Bedder/Getty Images for The New York Times)

Hedge Fund Manager Bill Ackman: Trump’s 90-Day Tariff Pause Was ‘Brilliantly Executed’

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’
NEW YORK, NEW YORK - OCTOBER 10: Caroline Ellison, former chief executive officer of Alameda Research LLC, leaves Manhattan Federal Court after testifying during the trial of FTX CEO Sam Bankman-Fried, on October 10, 2023 in New York City. Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy in connection with the collapse of the crypto exchange he founded, FTX. (Photo by Michael M. Santiago/Getty Images)

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 Involvement
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo

Sam 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 hearing
The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File Photo

A $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
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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