DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession
Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve were not going to stop a recession...
Bankruptcy filings by U.S. energy producers pick up speed: law firm analysis
Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes &...
Ackman bets on idol Warren Buffett’s Berkshire Hathaway
Billionaire U.S. investor William Ackman has long described how Warren Buffett, often called the greatest stock picker ever, has influenced his career. Now he’s paying...
Trump officials see no Chinese concessions for tariff delays amid market rout
China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said...
Microsoft’s latest privacy policy says vendors listen to voice data
Microsoft Corp said on Wednesday it updated its privacy policy to let customers know that it had been collecting voice data of its users with...
Dow posts biggest one-day drop since October as recession fears take hold
Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time...
Buffett’s Berkshire increases bet on Amazon.com
Warren Buffett’s Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, as U.S. stock indexes...
Ackman’s Pershing Square makes new investment in Berkshire Hathaway
Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management has made a new bet on Warren Buffett’s Berkshire Hathaway Inc , according to a...
Ackman’s Pershing Square makes new investment in Berkshire Hathaway: filing
Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management made a new bet on Warren Buffett’s Berkshire Hathaway Inc , according to a regulatory...
U.S. curve inverts for first time in 12 years; 30-year yield tumbles
The U.S. Treasury yield curve temporarily inverted on Wednesday for the first time since June 2007 in a sign of investor concern that the world’s...