He helped turn Guggenheim Partners into a global investing giant. He was also a CNBC and Bloomberg commentator and a bodybuilder who pursued human rights work.
Category: Stocks and Bonds
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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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The Week in Business: Slowing Job Growth
Sam Bankman-Fried, the disgraced cryptocurrency executive, pleads not guilty to an array of charges. A bumpy road ahead for Tesla. And the latest inflation figures are coming out.
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Markets Rise as Investors Like the Look of Hiring and Wage Trends
Traders are betting that a slowdown in job growth and wage gains could reduce the pressure on prices and make the Federal Reserve less aggressive in raising interest rates.
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Southwest’s Meltdown Could Cost It Up to $800 Million
The airline has not said how much it might have to spend to reimburse customers and upgrade its technology systems.
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Tesla Sales in China Slump as Competition Intensifies
Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.
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Fed Officials Fretted That Markets Would Misread Rate Slowdown
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its December meeting showed.
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S&P 500 Rises in First Session of 2023
Analysts are more cautious about 2023 after their overly optimistic forecasts for last year.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The world has relied on ultralow interest rates in Japan. What will happen if they rise?
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Tesla Car Sales Rose 18% in Last Quarter
The company’s rapid growth is expected to ease as the economy slows and demand for its electric cars weakens.