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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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Dr Doom (Roubini) Sees Trade War Triggering Global Recession
Worse, the Sino-American conflict is fueling a broader process of deglobalization because countries and firms can no longer count on supply chains.
Wall Street Tycoon Sues Gallery To Get $13 Million Art Commission Faster
As a major investor in distressed debt, Steven Tananbaum is used to getting what he wants. And he wants three giant sculptures he bought back in 2013.
Would You Put Your Clients In 100-Year Treasury Debt?
Investors may have an appetite for the bonds when yields are high, but as the economy slows down and the Federal Reserve cuts rates, demand will wane.
Billionaire David Einhorn Demands Tesla CEO Elon Musk Resign – Now
Einhorn’s investment firm, Greenlight Capital, has been shorting Tesla stock for years. Accordingly, he has a financial interest in seeing it crater.