Billionaire Bill Ackman has proposed to Trump and the Treasury a plan to lower U.S. mortgage rates by adding prepayment penalties.

Investing is one of the few businesses where you can do everything right and still lose money in the short term. What matters ...

The billionaire investor wants to take his hedge-fund management company, Pershing Square, public at the same time as a new closed-end fund next year. The 59-year-old hedge fund titan made his ...

Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. REUTERS Bill Ackman’s about-face on Andrew Cuomo ...