The Latest Breaking News on Hedge Funds

At the Federal Reserve’s annual Jackson Hole Economic Symposium on Friday, Fed Chairman Jerome Powell said the central bank's plan to cut inflation to 2% will cause "some pain" for U.S. households.

  The Federal Reserve's objective is still to bring inflation back down to a target of 2%, Fed Chair Jerome Powell said Friday at the Jackson Hole Economic Symposium. 

The Russian economy has been hit hard by global sanctions after the country’s hostile actions began in Ukraine. Among the many casualties of these sanctions is the Moscow Stock Exchange, which suffered a drop of almost 40% since the invasion.

Nordstrom earnings beat Q2 views but JWN stock plunged overnight on inventory woes. Earlier, Macy's stock rose despite a beat-and-cut report.

After tirelessly analyzing Warren Buffett, George Soros and Steven Cohen’s 13F SEC filings for the second quarter of 2022, we've gained a better understanding of the investment strategies they've adopted and the construction of their hedge funds portfolios.

As the second quarter of the year passes, Pershing Square Capital has remained quiet for the most part, and has not added any new positions. However, the hedge fund did manage to completely sell its stake in Netflix Inc (NASDAQ: NFLX) of 3,109,965 shares over the second quarter of 2022.

With US federal legalization stalled and its near-term outcome uncertain, cannabis stocks are taking a hit. Cantor Fitzgerald's analyst Pablo Zuanic advised investors to turn their interest to Germany, or at least for now.

Private-sector economists are skeptical the Fed can end inflation without causing a recession, survey shows.

Warren Buffett is one of the most successful well-known value investors in the world, seeking investments in companies with strong fundamentals and future growth potential.