Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his confirmation hearing.

Ramirez Asset Management has acquired a private credit team and its assets from hedge fund manager Avenue Capital Group. RAM, a $12 billion fixed-income and equity manager, did not have private credit ...

"If Congress fails to act, Americans will face the largest tax increase in history a crushing 4 trillion tax hike," said Treasury nominee Scott Bessent.

Learn about the strong dollar in 2024, the risks of a trade deficit, and strategies to profit from currency fluctuations.

Citadel, the hedge fund founded by billionaire Ken Griffin, has hired Gregory Hayday from Farallon Capital Management, people ...

Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.

Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, ...

Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald ...

West Palm Beach-based Alden is a billion-dollar hedge fund co-founded by Randall Smith. It’s a subsidiary of his Smith ...

Paul Goldschmid is teaming up with long-time industry friend David Cohen to launch Harvey Capital Partners, a new long/short ...

Hedge funds experienced a prosperous year in 2024 with average global gains of 12.1%. Equity Long/Short (L/S) managers were the frontrunners, with several other strategies also yielding double-digit ...

Steven Cohen's Point72 Asset Management's new artificial intelligence (AI)-focused fund posted a 14% gain after launching ...