Avis may outperform Hertz in this unique pair trade setup. Read more on key factors like debt reduction, fleet strategy, and ...

See the list of billionaires who bet big on the NYC mayoral primary — and lost ...

Bill Ackman pledged to fund a new candidate's campaign, claiming Zohran Mamdani's socialist platform would be "disastrous" for New York City.

Democrat Zohran Mamdani stands out in the NYC mayoral race as the only major candidate without a clear crypto stance, drawing attention from industry backers eager to influence the outcome.

A friend of the 59-year-old, whose net worth is estimated to be just over $9 billion according to Forbes, said Ackman wants Republican candidate Curtis Sliwa and Andrew Cuomo to stand aside.

Bloomberg recalculated Bill Gates' net worth as $52 billion lower to reflect charitable giving, sending him seven places down on its rich list.

Fearing a victory by Zohran Mamdani in November’s New York City mayoral race, Bill Ackman threw the weight of his estimated $9.4 billion personal fortune behind incumbent Eric Adams, calling on ...

Ackman has 14% of his $11.9 billion portfolio invested in one AI stock -- and Wall Street thinks it's poised to soar. Image source: Getty Images.

Billionaire Bill Ackman wants to back a centrist candidate against democratic socialist Zohran Mamdani in NYC's mayoral race to save the city from "disastrous" socialist policies.

Bill Ackman and Rev. Al Sharpton have urged Andrew Cuomo to remove his name from the New York City mayoral ballot in order to allow a one-on-one race between Eric Adams and Zohran Mamdani.

Billionaire hedge fund titan Bill Ackman has urged a "subdued" former Governor Andrew Cuomo to drop out of New York City's mayoral race -- as he officially backed Eric Adams’ bid for reelection.

Billionaire Bill Ackman has vowed to back a viable challenger to New York mayoral candidate Zohran Mamdani to the tune of “hundreds of millions of dollars.” Mamdani, a Democratic socialist ...