The Latest Breaking News from Bridgewater

"I feel great about the people and 'machine' now in control," Dalio tweeted.

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.

Dave McCormick earned more than $22 million last year as CEO of the world’s largest hedge fund — the job he quit to run for U.S. Senate in Pennsylvania

The party’s candidates in Pennsylvania are appealing to supporters of the former president, but that could backfire in the election

At the peak, the PSERS retirement plan gave almost $5 billion to Bridgewater Associates to invest, paying it among the plan's highest fees, as well — nearly $700 million since 2004. Bridgewater was the plan's biggest outside money manager.

HARRISBURG, Pa. — Republican U.S. Senate candidate Mehmet Oz on Tuesday sought to attack GOP front-runner David McCormick for his role in leading a hedge fund that made hundreds of millions of dollars from the embattled Pennsylvania school pension fund, PSERS.

PHILADELPHIA — Former Bridgewater Associates CEO David McCormick and celebrity physician Mehmet Oz have already shattered spending records in their Republican primary battle for a U.S. Senate seat in Pennsylvania that is pivotal to party efforts to retake control of Congress.

Ole Gunnar Solskjaer proudly watched on as daughter Karna made history by earning her debut for Manchester United Women in their 2-0 FA Cup win at Bridgewater on Sunday