DoubleLine Capital CEO Jeffrey Gundlach said new Federal Reserve Chairman Kevin Warsh struck a more hawkish tone than many investors expected, underscoring his commitment to restoring price stability and signaling less appetite for easy monetary policy."He is absolutely telling you that he plans on delivering on price stability. So that...
Year: 2026
Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting to keep the benchmark level steady, but dropped several surprises that kept markets guessing about where things are heading. Markets didn't like it, with major averages swooning after the meeting and as Warsh...
Moats vs. moonshots: The Warren Buffett-Elon Musk style debate
BECKY QUICK: You're taking me literally and stepping away from the real story here, which is kind of this war of words between you and Charlie and Elon. And I just want — do you even know Elon Musk?WARREN BUFFETT: I've never said anything to anyone about Elon. I mean,...
UK economy shrank 0.1% in April as Iran conflict weighed on growth
Commuters on April 20, 2026 in London, United Kingdom.Rasid Necati Aslim | Anadolu | Getty ImagesThe U.K. economy shrank by 0.1% in the month to April, figures published on Friday showed, as the impacts of the Iran war continue to hamper growth. A 0.2% contraction in services activity was cited...
SpaceX employee group creates low-fee wealth management option with Choreo for post-IPO
SpaceX signage outside the Space Exploration Technologies Corp. facility in Hawthorne, California, on June 3, 2026. Michael Yanow | Nurphoto | Getty ImagesA group of current and former SpaceX employees who joined forces to manage their post-IPO wealth has created a new, low-fee advisory option with Choreo, according to people...