Millennium Management

New analysis from 24/7 Wall St. calculates that one US dollar from 2000 has the buying power of only about 52 cents today, underscoring the cumulative effect of more than two decades of inflation. The figure highlights how everyday costs, from groceries to housing, have roughly doubled since the turn of the millennium, fueling fresh debate about the erosion of purchasing power and what it means for savers and wage earners.

A report looks at how Millennium and other major hedge funds performed during a volatile September, grading their returns and risk management against turbulent markets. Coverage focuses on which multi-strategy funds protected gains and which stumbled, as investors watch how the industry's biggest names handle shifting rates and macro uncertainty.