Trump’s ‘big, beautiful’ law tethers the US to the past

Published on July 7, 2025

President Donald Trump got his “One Big, Beautiful Bill,” and a Fourth of July signing ceremony to boot. America got the removal of 11.8 million people from health insurance programs, tax cuts that mostly benefit the wealthy — and the dissolution of both longstanding and newly erected pillars of energy and industrial…

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Meet the "vulture capitalist" working to prop up fossil fuels

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Few money managers can claim as fearsome a reputation as Paul Singer, the litigious, self-made billionaire and activist investor from Teaneck, New Jersey. Singer is both feared and renowned for his ability to unlock value for shareholders by overhauling executive teams he believes are weak, woke or underperforming. The pugilistic 80-year-old founder of Florida hedge fund Elliott Management has bee