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Hedge fund manager tariffs could cause something ‘worse than a recession’

Kraman Countdown panelists Kenny Polkari and John Stolzfas will analyse how the market responds to major movements. Ray Dalio, manager of the billionaire hedge fund, warned in an interview on Sunday that he was worried about the economy going through something “worst than a recession” if the trade war caused a collapse of the broader […]

Billionaire hedge fund manager calls for US trade deal with China

Americans in the automotive industry in Warren, Michigan, a suburb of Detroit, are pondering President Trump's new tariff policy as he tackles domestic manufacturing. Bridgewater Associates founder Ray Dalio called on the two superpowers to sign a deal with the US as they escalate retaliatory tariffs on each other, sending global stocks into uncertainty. In […]

Trump admin restores funding for Radio Free Europe, Open Technology Fund after lawsuits

The Trump administration says it has recovered funds for Radio Free Europe/Radio Liberty and the Open Technology Fund after the group sued. The US Global Media Agency (USAGM) cut off funding as part of the administration's broader efforts to remove government agencies. The Justice Department said the group's request for an injunction is effectively controversial […]

To fund MTA’s $68B rebuild plan, nab fare-beaters, squeeze riders, taxpayers: watchdog

New York officials must seriously crack down on getting fares to fund the MTA's newly proposed $68.4 billion, five-year capital plan recommended by a new report released Friday. Gov. Kathy Hochul will also need to scrap her $3 billion “inflebate” check program to New York taxpayers proposed in her executive budget plan, dedicating the state's […]

Can a Meme Coin Fund the Future of Scientific Research? – Decrypt

What if you can take advantage of meme coins for something more meaningful than speculation, hype and occasional rug pulls? How about scientific research and expanding human life? That's the vision behind it pump.sciencea distributed science protocol inspired by the popular Solana-based meme coin launchpad, pump.fun. On Thursday, Pump.Science opened its door online Storefrontthe public […]

USPS worker convicted of stealing $1.6M in checks to fund ‘lavish lifestyle’

The former US postal service worker was convicted of stealing a check of about $1.6 million to fund “an extravagant lifestyle that includes international travel, staying in luxury hotels and purchasing at gentlemen's clubs.” Hachikosela Mamba, 44, of Washington, DC, was convicted last week by a federal ju judge on charges of mail theft and […]

Ex-hedge fund star Richard Perry stages epic comeback at 70

Former Wall Street Hotshot Richard Perry reportedly plans a comeback for nearly a decade after closing his hedge fund after losing his property in an attempt to save a Barneys department store. According to Bloomberg, the 70-year-old, dressed in sharp clothes, famously prefers Tom Brown suits – working with his former right-hander Todd Westofs. Perry […]