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The Latest Breaking News on Hedge Funds

"Denied everything": Dems blast Wexner for downplaying Epstein ties

Wexner testified that he did not consider Epstein a close friend, a person familiar with the matter told Axios.

Axios

Les Wexner faces closed-door deposition over Epstein ties as new DOJ files emerge

Billionaire Les Wexner faced a congressional deposition over his past ties to Jeffrey Epstein. New documents reveal Epstein managed Wexner's finances, with Wexner claiming Epstein stole millions. Despite Wexner's claims of severing ties in 2007, emails show contact in 2008. Wexner denies knowledge of Epstein's crimes.

The Times of India

Les Wexner's ties to Jeffrey Epstein, explained

Wexner is set to testify as pressure mounts over the Epstein files.

Axios

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Billionaire Les Wexner to be deposed in congressional probe of Epstein files

Les Wexner’s long-time friendship with the late sexual predator Jeffrey Epstein will be the subject of a closed-door congressional deposition in Ohio

The Independent UK

Warren Buffett's company invests in the New York Times six years after he sold all his newspapers

Five years after Warren Buffett sold off all of Berkshire Hathaway’s newspapers and predicted unending declines for the industry, Berkshire disclosed a new $350 million investment in the New York Times on Tuesday

The Independent UK

“This One Shook Me”: Epstein Files Reveal Disturbing Details About Relationship With Ex’s Teen Daughter

Unsealed DOJ files exposed Jeffrey Epstein’s obsessive "Uncle" role in ex-girlfriend's daughter, Celina Dubin’s life.

Bored Panda

Cardi B’s Super Bowl cameo sparks formal complaint to US regulator

Cardi B was part of Bad Bunny’s Super Bowl halftime show on Sunday but a dispute has arisen as to whether the star was singing

The Independent UK

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Tied Up in Knots Over a Concentrated Stock Position? This Strategy Will Help You Unravel

If you've built significant wealth through stock in one company, deciding your next move may be petrifying. Use this decision-making framework to get unstuck.

Kiplinger

Epstein was not ostracised for his crimes. To some powerful men, he became even more appealing

The latest tranche of files expose how he was viewed as a sexual svengali – and an expert on dodging the #MeToo movement, says Guardian US columnist Moira Donegan

The Guardian - UK

Why the Next Fed Chair Decision May Be the Most Consequential in Decades

Kevin Warsh, Trump's Federal Reserve chair nominee, faces a delicate balancing act, both political and economic.

Kiplinger

Chairman of prominent law firm resigns in latest fallout over Epstein files

Karp was apparently reviewing a draft court filing in which Epstein's lawyers argued that his plea deal

The Independent UK

Rape allegation against ex-Barclays CEO Jes Staley was raised in US Epstein investigation

Newly unsealed files claim the banker, who has denied any wrongdoing, forced a woman to touch his genitals during a massage before raping her

The Guardian - UK

Bill Gates says he ‘regrets’ knowing Epstein as ex-wife alludes to ‘muck’ in marriage

Melinda French Gates insists Microsoft founder has questions to answer over his relationship with Epstein

The Guardian - US

Why Wall Street is unhappy with Trump's pick for Fed chair

Investors are getting their least favorite thing: uncertainty.

Axios

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The Times of India

Billionaire Bill Ackman donates $10,000 to Alex Pretti’s family after giving same amount to ICE agent who shot Renee Good: 'Hedging his bets'

In a surprising twist, billionaire Bill Ackman has stepped forward with a $10,000 donation to a fundraiser for Alex Pretti's family, who was tragically killed by ICE agents. This contribution mirrors his previous support for an ICE agent implicated in another contentious incident.

International Business Times UK

Quick Facts About William Ackman: Net Worth, Personal Life and Why He Donated $10K To Renee Good's Killer

Billionaire investor William Ackman donated $10,000 to ICE agent Jonathan Ross's legal fund after he fatally shot Minneapolis resident Renée Good, sparking debate about wealth, justice, and America's deepening political divide.

The Guardian - UK

‘Be fearful when others are greedy’: Warren Buffett’s sharpest lessons in investing

As the billionaire retires, he leaves memorable advice from his annual letters that include pithy takes on bubbles, discipline and long-term goals

The Independent UK

New head of Warren Buffett’s Berkshire Hathaway assembles top team

Greg Abel is reshaping his leadership team ahead of his January takeover

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Benzinga

Buffett Vs. S&P 500: Will Oracle Of Omaha's Last Year As Berkshire CEO Go Down As Underperformance?

Legendary investor Warren Buffett is moving on from the CEO role of Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) at the end of 2025, a position he has held since 1970.

Benzinga

Warren Buffett Believes Living A 'Happy Life' Hinges On Being Comfortable With This One Thing His Dad Taught Him

Warren Buffett says the most important lesson he learned from his father was to judge himself by his own values, not by public opinion.

Benzinga

Billionaire John Morgan Says Income Inequality Is America's Top Threat—But His Solution Has Critics Calling Him Out

Billionaire Lawyer John Morgan believes the growing gulf between rich and poor Americans poses the nation’s gravest threat, yet his approach to solving it sparked fierce pushback during a July appearance on Jubilee’s video series where strangers confronted him about his wealth.

Benzinga

Warren Buffett Once Thought Charlie Munger Was 'Losing His Hearing' — Only To Realize This Awkward Truth

Warren Buffett once shared a memorable story about the late Charlie Munger's supposedly failing hearing, only to discover in an awkward twist that the problem wasn't Munger at all.

Benzinga

VIX Surges 50% In November: History Shows Patient Investor Win Big After Panic

Market volatility made a sharp comeback Thursday, with the CBOE Volatility Index – commonly called the VIX or Wall Street's fear gauge – closing 11.4% higher to 26.3 levels, as concerns around overheated tech valuations and uncertain monetary policy rattled investor sentiment.

Benzinga

Paul Singer's Elliott Targets Gold, Consumer Staples With New Puts — Bets Big On Tech

Paul Singer's Elliott Investment Management has significantly changed its market hedges, increasing its bearish bet against gold miners while establishing a new bullish position on the Nasdaq 100, according to its third-quarter 13F filing released Friday.

The Independent UK

Former Tottenham Hotspur owner Joe Lewis officially pardoned by Donald Trump

At the time of his plea, Lewis was free on $300 million bail

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