Billionaire investor W. Buffett often touted as a benevolent rich guy. So why did company he owns pay huge settlement in lending discrimination case.
Ackman said he expected inflation to come down soon, but not to the level of 2% unless the U.S. Fed maintained "materially higher" interest rates.
US stock market valuations look attractive given low bond yields and the presence of higher quality companies in the S&P 500.
Sen. Joe Manchin, D-W.Va., is now supporting a bill that aims to close the carried interest loophole.