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Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul
Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul
Steve Cohen spent last fall doing something few billionaire owners enjoy: apologizing. As the New York Mets staggered through a bruising 2025 campaign, he took to social media to tell fans he was sorry for the disappointment at Citi Field. Yet even as the baseball season fizzled, Cohen was clinching a very different kind of pennant, according to Bloomberg.
The founder of Point72 Asset Management finished the year as the highest-paid hedge fund manager on Bloomberg’s annual ranking, pocketing an...
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Apr 30, 2026 / Tyler Durden
House Unanimously Approves Bill To End 76-Day DHS Shutdown, Sending Measure To Trump
House Unanimously Approves Bill To End 76-Day DHS Shutdown, Sending Measure To Trump
Well that was anticlimactic... On Thursday, the House of Representatives approved by voice vote a Senate-passed bill to fund most of the Department of Homeland Security, clearing the way to end the longest partial government shutdown in U.S. history after 76 days.
The measure now heads to President Trump’s desk. The shutdown, which began February 14, will officially conclude once the president signs the legislation into law.
Democrats had long objected to funding Immigration and Customs Enforcement (ICE) and Border...
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Apr 9, 2026 / Tyler Durden
"That Is Not The Agreement We Have!" President Trump Slams Aya-TOLL-Ah Charging Fees For Hormuz Transit
"That Is Not The Agreement We Have!" President Trump Slams Aya-TOLL-Ah Charging Fees For Hormuz Transit
Summary:
Bibi says pursuing Lebanon ceasefire after reports of Trump pressure. Over 250 killed and 1,000+ wounded in Lebanon from Wednesday surprise attack by Israel's military. UAE, Pakistan, and even EU (Kallas) condemn.
Trump 'optimistic' a deal within reach (NBC). WH confirms Vice President Vance will lead Kushner-Witkoff delegation in Pakistan, seen as positive in Tehran and Islamabad.
Trump warns of more military action if Iran doesn't uphold 'real' ceasefire deal, after disagreement over Lebanon truce status...
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Feb 24, 2026 / Tyler Durden
Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ
Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ
The yen was already sliding on Monday after Nikkei Asia reported that the sharp swing we saw in USDJPY in January was initiated by FX intervention from US Treasury Secretary Bessent not Tokyo, even if Washington, D.C. is open to coordinated forex moves if requested by Japan. FX traders took this as evidence that, contrary to previous conventional wisdom, Japanese authorities were prepared to allow the USDJPY to continue climbing on Jan. 23 and it was only...
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