Summers Expects Fed to Raise Rates Above 4.3% to Curb Inflation
Fed may have to eventually raise rates above 4.3% to control inflation, Former Treasury Secretary Lawrence Summers said.
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Elon Musk Reiterates His Worst Nightmare for The Economy
Markets are slumping as investors worry about the consequences of the Fed's aggressive interest-rate hikes, designed to fight an inflation rate.
Bridgewater's Ray Dalio Expects Stocks to Fall 20% if Rates Rise to 4.5%
Billionaire Ray Dalio has predicted a sharp plunge in stock markets as the U.S. Fed raises interest rates aggressively to tame inflation.
Expedia CEO: We Aren't Seeing a Consumer Recession Right Now
"...it certainly doesn't feel like there's a consumer recession happening right now." - Expedia CEO Peter Kern
Ark's Cathie Wood Calls Fed Hikes a Mistake and Preps for Deflation
Stock picker Cathie Wood of Ark Invest cautioned Fed making mistake with widely-expected interest rate hikes she is more concerned about deflation.
Billionaire David Rubenstein Reveals Traits Shared by Successful Investors
American billionaire and businessman David Rubenstein shared some words to the wise about making money at the National Book Festival.
Bed Bath & Beyond CFO's Suicide Leaves Billionaire Investor on the Hook for Lawsuit
The lawsuit claims "pump and dump" scheme originator was billionaire Ryan Cohen who made $68 million as Bed Bath and Beyond crumbled.
