The Latest Breaking News from Bill Ackman

Hedge-fund titan got no love from commentators.

Billionaire Bill Ackman said that he was “bullish” as the money market funds hit a record, hinting that any rate cuts could direct these monies into the equity markets.

Calling on former governor Andrew Cuomo to drop out, the billionaire hedge fund manager endorsed the incumbent NYC mayor as the only credible alternative to Zohran Mamdani.

With Zohran Mamdani officially securing the Democratic nomination in the New York City mayoral race, centrist figures within the Democratic party, such as former Treasury Secretary Jack Lew, are raising questions on the city’s future under a self-described Democratic Socialist.

Sen. Bernie Sanders (I-VT) is calling out billionaire interference in New York City politics, warning that the mayoral race has become a battle over the soul of democracy. 

A charismatic 33-year-old Indian-American politician from New York called Zohran Kwame Mamdani is creating waves of upset – both in his home country and in India – but for entirely different reasons. 

"I don't think that we should have billionaires, because, frankly, it is so much money in a moment of such inequality," Mamdani said.

New York’s financial elite compare the city to crime-riddled Gotham after democratic socialist bests Cuomo in Democratic mayoral primary

Dozens of billionaires attacked Zohran Mamdani for his policies on rent freezes and city-owned grocery stores.