US growth is likely to slow in the second half of the year as tariffs, tighter immigration laws and government cost-cutting efforts led by Elon Musk weigh on the economy, billionaire Steve Cohen said.
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.
In search of their first World Series title since 1986, the Mets lost to the Dodgers in last year’s NL Championship Series. After signing Juan Soto and others, Cohen estimated his team’s payroll at $325 million.
New York Mets owner Steve Cohen wasn't planning on spending as much on the 2025 roster as he has. Speaking to The Athletic's Tim Britton, Cohen explained he "blew through" the original payroll projections in part because free agency proved more expensive than he thought it would be.
Mets owner Steve Cohen wants a winner, but says excessive spending isn't "the most optimal way to run a team" and would like to see the farm system produce talent.
Days before Pete Alonso agreed to return to the Mets, he met at a Tampa social club with his agent, Scott Boras, Mets owner Steve Cohen and president of baseball operations David Stearns. The agenda was simple.
After signing Juan Soto to a record $765 million, 15-year contract and reaching deals with Pete Alonso, Sean Manaea, Clay Holmes, Frankie Montas, and others, Cohen estimated his team’s payroll at $325 million.
While the money certainly didn't hurt, Juan Soto has made abundantly clear that he chose for New York Mets for lots of reasons that didn't have anything to do with the 15-year, $765 million contract he was handed by Steve Cohen.
Steve Cohen on what Juan Soto can bring to the Mets as a player and for the fans, plus having Pete Alonso back in New York this season
Just over two weeks ago, at Amazin Day at Citi Field, Mets owner Steve Cohen was “brutally honest” about his dislike of the negotiations with Alonso. Now, here we are, reintroducing the team’s greatest power hitter.
"I've always wanted to be a little more measured in payroll growth, and then we get there and it's never quite there,” Cohen said Tuesday.
As war of words go, the cross-state exchange between Juan Soto and Aaron Judge was more peaceful monks sharing a vow of silence than Drake vs. Kendrick Lamar.