Katherine Burton

Stay informed with Katherine Burton’s coverage and analysis for Fortune.

  • Scott Bessent, US treasury secretary, departs following a tariff announcement in the Rose Garden of the White House in Washington, DC, US, on Wednesday, April 2, 2025. US President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. Photographer: Jim Lo Scalzo/EPA/Bloomberg via Getty ImagesPolitics

    Wall Street gets rude shock as Bessent plays second fiddle on tariffs

    By Saleha Mohsin, Dawn Lim, and others
  • Steve Cohen, who owns the Mets, is seen at an opening game decked out in gear including a baseball cap and vest. He is looking toward the camera wearing glasses.Finance

    Steve Cohen steps away from trading floor after more than 3 decades

    By Nishant Kumar, Katherine Burton, and others
  • Bill Ackman stands at microphoneFinance

    Bill Ackman’s Pershing Square sees 2024 gains nearly wiped out after July loss

    By Katherine Burton and Bloomberg
  • Jim ChanosFinance

    Legendary shortseller Jim Chanos allegedly used firm as a ‘piggy bank,’ raking in millions for himself and his girlfriend, partner claims

    By Greg Farrell, Katherine Burton, and others
  • Jim SimonsSuccess

    The ‘Quant King’ who shook the world of hedge funds with his secretive Renaissance Technologies has died at 86

    By Patrick Oster, Katherine Burton, and others
  • Bill Ackman, chief executive officer of Pershing Square Capital Management LP, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Nov. 28, 2023. Ackman in October said he covered his short bet on US Treasuries, noting “there is too much risk in the world to remain short bonds at current long-term rates.” Photographer: Jeenah Moon/Bloomberg via Getty ImagesFinance

    Bill Ackman ‘just fixing things’ with moves against university leaders and diversity programs: ‘That’s what I do’

    By Annie Massa, Katherine Burton, and others
  • Nir Bar Dea speaks at the Global Citizen NOW Summit at The Glasshouse on April 28, 2023 in New York City.Finance

    A prior office romance disrupted the first year on the job for Bridgewater’s new CEO, who took control of the hedge fund from billionaire founder Ray Dalio

    By Katherine Burton and Bloomberg
  • Stanley DruckenmillerFinance

    Billionaire investor Stan Druckenmiller says we’re on the brink of a recession and face a ‘hard landing’ as the Fed ‘basically wasted all our bullets’

    By Katherine Burton and Bloomberg
  • Julian RobertsonFinance

    Julian Robertson, the hedge fund billionaire who fathered a whole ambush of ‘Tiger Cubs,’ dies at 90

    By Katherine Burton, Hema Parmar, and others
  • Toronto , Canada – 23 June 2022; Anthony Scaramucci, Skybridge on Q&A Stage during day three of Collision 2022 at Enercare Centre in Toronto, Canada. (Photo By Eóin Noonan/Sportsfile for Collision via Getty Images)Finance

    Crypto winter comes for Scaramucci as Skybridge Capital suspends redemptions in one of its funds

    By Katherine Burton, Nishant Kumar, and others
  • Bill Hwang, founder of Tiger Asia Management LLC, exits federal court in Newark, New Jersey, U.S., on Wednesday, Dec. 12, 2012. Tiger Asia Management LLC, the New York-based hedge fund run by Hwang, pleaded guilty to a wire fraud charge and will forfeit $16.3 million in a U.S. insider-trading case. Photographer: Emile Wamsteker/Bloomberg via Getty ImagesFinance

    Archegos founder was amassing enormous hidden fortune when his bets all unraveled

    By Katherine Burton, Tom Maloney, and others
  • Key Speakers At The Bridge ForumFinance

    Ray Dalio issues stark warning about U.S. dollar’s future as global reserve currency

    By Katherine Burton, Erik Schatzker, and others
  • Bridgewater Associates Founder and Co-Chairman/Co-CIO Ray Dalio is having a rough 2020. Its flagship fund is down, and clients are getting anxious. Wire photography: Kimberly White—Getty ImagesFinance

    The losses continue to pile up for hedge fund king Ray Dalio

    By Katherine Burton and Bloomberg
  • Stanley “Stan” Druckenmiller, the former chief strategist for George Soros, said on Wednesday that he’s sitting out this recent stock market rally. Wire photography: Michael Nagle—Bloomberg via Getty ImagesFinance

    Wall Street heavyweight to investors: the hopes of a V-shaped recovery is “a fantasy”

    By Katherine Burton, Melissa Karsh, and others
  • Soros called authoritarian governments and climate change the twin challenges that threaten the survival of our civilization in Davos on Thursday.

    George Soros to start $1 billion university to fight authoritarianism and climate change

    By Katherine Burton and Bloomberg