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Bill Ackman's Pershing Square Capital Management has built a position in Microsoft, the billionaire hedge fund manager said Friday in a post on X.

The two-day meeting wrapped up Friday, setting the tone for further U.S.-China talks this year.

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Miran served as a contrarian voice on the rate-setting Federal Open Market Committee.

In the letter, Dana White said that the cap is already starting to create problems for the gambling industry.

Hedge fund managers said the current environment — fueled by aggressive spending on AI — is creating a fertile backdrop for bearish wagers

The U.S. Treasury Secretary also said President Donald Trump would likely comment on the Taiwan issue in coming days.

U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday morning for the start of a high-stakes summit that runs through Friday.

In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.

Traders also think it is likely that the president will talk about Iran, despite his comments that the U.S. doesn't need China's help in resolving the war.

The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.

Prediction markets traders see two-in-three odds that inflation will go above 4.5% this year, and nearly 40% odds that prices will accelerate above 5%.