The Latest Breaking News from Ray Dalio

Bridgewater Associates was founded in 1975 and has over $223 billion in assets under management, making it one of the world’s largest hedge funds.

Earlier this month, a record 302,000 people attended Singapore’s first Formula 1 car race in three years. Some forked out $900 for a grandstand seat for three days, while others booked hotel suites overlooking the Marina Bay track for as much as $10,000. Nightclub tables were fetching up to $70,000…

An “unauthorized, unvarnished” biography of billionaire hedge-fund manager Ray Dalio will be published next fall

U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia.

HARTFORD, Conn. — Republican gubernatorial candidate Bob Stefanowski doubled his income in recent years while he was working as a consultant for an entity in Saudi Arabia, officials said Wednesday.

Former U.S. Federal Reserve Chair Ben Bernanke, along with Douglas W. Diamond and Philip H.

After relinquishing control of the world's largest hedge fund, Ray Dalio, the founder of

Ray Dalio announced Tuesday he’s ceding control of Bridgewater Associates, 47 years after he founded the hedge fund that’s become the world’s largest.

Ray Dalio's new title at Bridgewater Associates will be founder and CIO mentor. He will remain a board member.

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

The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets.