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.
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.
Steve Cohen, CEO of Point72 Asset Management, said he is “pretty negative” on the U.S. economy due to a likely slowing of growth in the second half of the year, tighter immigration policies, and DOGE.
Point72's Steve Cohen said he's "pretty negative" about the impact of tariffs, lower immigration, government spending cuts and inflation on the economy.
Mets first baseman Pete Alonso speaks about getting to play with Juan Soto, his free agency process, and his meeting with David Stearns and Steve Cohen.
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.
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
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"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.
Steve Cohen talks about the 2025 Mets season after arriving in Florida. dot-menu-116018. dot-menu-116019. dot-menu-116020