Hedge fund billionaire & high-profile political pundit Bill Ackman turned generational wealth into a veritable fortune ...

Billionaire hedge-fund manager Bill Ackman disclosed a nearly 20% stake in rental-car company Hertz on Thursday as he laid ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

Hertz Global Holding Inc.’s stock has been gaining favor of late as investors bet that consumers would potentially pivot to ...

While Hertz's stock is still trading about 35% below its level from a year ago, its stock - along with shares of rival Avis Budget Group Inc. (CAR) - rallied on April 3 after President Donald Trump ...

Learn how scammers impersonate billionaire investors on social media to steal millions from victims through sophisticated ...

Billionaire hedge fund manager Bill Ackman has donated $250,000 to a super PAC supporting Andrew Cuomo’s campaign for New York City mayor, according to recent campaign finance disclosures. Ackman, ...

After President Donald Trump announced a temporary exemption of computers and smartphones in his ongoing traffic battle against China, billionaire hedge fund manager Bill Ackman, who endorsed Trump i ...

President Donald Trump's severe tariffs against virtually all U.S. trading partners took effect on Wednesday at 12:01 a.m. ET ...

Explore Freddie Mac's privatization potential and valuation upside. Learn about key catalysts, risks, and why it could target ...

Billionaire investor Bill Ackman is challenging the value of high-risk trading tools like leveraged ETFs and zero-day options ...

Incompetent government policy toward trade and finances can lead investors to demand a greater risk premium on sovereign debt ...