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Trump Nominates Kevin Warsh to be Next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.
Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%
Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.
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The Spectacular Fall Of "Britain's Buffett"
Woodford Investment Management is shutting after its eponymous boss was sacked from its flagship fund, once a $15 billion money winner.
Cooperman Again: Trump Can Trigger A 25% Market Slump Too
It's almost like Leon Cooperman is simply waiting for a 25% downswing no matter what happens. He's also nervous about the trade war and recession.
Gundlach: Too Late to Buy Bonds as Economy Worsens
“If Treasury rates are going to fall from here, something bad is happening,” Jeffrey Gundlach, chief executive of DoubleLine Capital, said.
Cooperman: Stocks Will Plunge 25% If Warren Or Sanders Elected
Billionaire investor Leon Cooperman predicts a significant drop in the U.S. financial market should Elizabeth Warren or Bernie Sanders win in 2020.