Ray Dalio’s Bridgewater Associates has the biggest cumulative net profit for a hedge fund firm ever, according to data from LCH Investments. Dalio’s firm led the list with a nearly $50 billion gain for its investors since inception through 2017, adding a $300 million profit in 2017 despite mediocre percentage …

The cryptocurrency craze is finally flowing into the exchange-traded funds business. Investors poured about $240 million into two blockchain-focused ETFs since their launch last week, according to the latest available data from FactSet. Blockchain is the technology behind bitcoin and other cryptocurrencies. The surge of interest came even as bitcoin, …

Suzanne Kreiter | The Boston Globe | Getty Images Shira Goodman, chief executive at Staples, poses for a portrait in Framingham, MA on May 30, 2017. Staples’ Chief Executive Officer Shira Goodman is departing the company, The Wall Street Journal reported Friday morning, based on conversations with sources familiar with …

Zhang Peng | LightRocket | Getty Images Lightbox advertisement of IPhone X at a bus station. iPhone X will be on sale in China on Nov. 8th, 2017. Apple will give a forecast for this current quarter that may shock investors, according to a BTIG analyst Walter Piecyk. “Smartphone upgrade …

Irfan Khan | Los Angeles Times | Getty Images An employee prepares burgers for lunch customers at In-N-Out in San Marcos, California. When thinking of six-figure salaries, flipping burgers may not come to mind. But In-N-Out, the cult favorite fast food chain, sees its store managers earning over $160,000 on …

Jason Alden | Bloomberg | Getty Images Steven Mnuchin, U.S. Treasury secretary, speaks to members of the media as he departs a press briefing on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 25, 2018. Treasury Secretary Steven Mnuchin said Friday his recent remarks …

FABRICE COFFRINI / AFP / Getty Images Member of the Executive Board of the European Central Bank, Benoit Coeure Another top official at the European Central Bank has made a thinly-veiled swipe at the U.S. administration, following comments made by Treasury Secretary Steven Mnuchin which caused the dollar to slump …

Denis Balibouse | Reuters President Donald Trump is seen before his speech during the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 26, 2018. Trump’s decision to come to Davos in the first place raised eyebrows. A sitting American president has not attended the annual event since Bill …

Ty Wright | Bloomberg | Getty Images Appliances on sale in Sarasota, Florida. The Commerce Department says that orders for long-lasting manufactured goods rose 2.9 percent in December, the fastest pace since June and another sign of strength for American industry. Orders were lifted by a 15.9 percent surge in …

JASON REDMOND | AFP | Getty Images Microsoft President and Chief Legal Officer Brad Smith speaks during the annual Microsoft shareholders meeting in Bellevue, Washington on November 29, 2017. Microsoft is pushing for a new set of global norms to try and police government activity in cyberspace, following a spate …