Author: Admin
Jeffrey Gundlach says it’s a ‘going nowhere’ market, warns of private credit strains
DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. “It’s kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down […]
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Microsoft stock may be in a slump. But here’s why it is wrong to give up now
Things keep lining up against Microsoft , with all roads leading back to the company’s tarnished standing as an artificial intelligence leader and how that could impact the company’s Azure cloud growth. It’s been known for some time that Microsoft’s Copilot AI assistant has been disappointing. At a time when Alphabet ‘s Gemini, OpenAI’s ChatGPT, […]
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Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says
HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran […]
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Estée Lauder is in talks to merge with Puig amid ongoing turnaround plan
An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021. Costfoto | Future Publishing | Getty Images Beauty company Estée Lauder Companies said Monday that it is in talks with Spanish beauty group Puig to potentially merge the two companies. “No final decision […]
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Senate to take final vote Monday on Mullin’s DHS secretary appointment
U.S. Senator Markwayne Mullin, President Donald Trump’s nominee to be Homeland Security secretary, tesifies before a Senate Homeland Security and Governmental Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Evan Vucci | Reuters The Senate is expected to vote Monday night on Sen. Markwayne Mullin’s nomination to lead the […]
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Democrat Emily Gregory wants to represent Trump — and his Mar-a-Lago resort — in Florida’s legislature
U.S. President Donald Trump’s Mar-a-Lago property in Palm Beach, Florida. Marco Bello | Reuters Emily Gregory, a small business owner and first time candidate for elected office, is looking to score an upset in a Florida special election on Tuesday to represent Mar-a-Lago in the state legislature. Gregory is a Democrat running for state House […]
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WNBPA President Nneka Ogwumike says new CBA will have a major impact on players’ bank accounts
The Women’s National Basketball Player’s Association ratified the terms of a new collective bargaining agreement Monday, calling it “transformational” and “bigger than basketball.” The new CBA begins this season and runs through 2032. When asked her opinion of the most important outcome from the deal, WNBPA President Nneka Ogwumike had two words: “Bank accounts.” “Being […]
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China sees long lines at the gas pump as Mideast turmoil hits
Panicked drivers lined up in long queues outside gas stations across China Monday after receiving an alert from Chinese oil giant Sinopec about a pending price hike. The state refiner issued a notice Sunday that the price of gas will be set higher by a “meaningful” amount starting March 24. “As soon as I got […]
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Stocks making the biggest moves midday: Palantir, Flutter, United Airlines, Synopsys, Insmed & more
Check out some of the companies making the biggest midday moves: Airlines — Delta Air Lines , United Airlines , Southwest Airlines and American Airlines surged roughly 4% after President Donald Trump said the U.S. wouldn’t strike key energy infrastructure in Iran for five days and said the two nations had held productive talks. Crude […]
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Swalwell drops lawsuit against FHFA director over using private information to attack opponents as California governor bid heats up
In this screenshot taken from a congress.gov webcast, Impeachment Manager Rep. Eric Swalwell (D-CA) speaks on the second day of former President Donald Trump’s second impeachment trial at the U.S. Capitol on February 10, 2021 in Washington, DC. congress.gov | Getty Images Rep. Eric Swalwell, D-Calif., has dropped his lawsuit against Bill Pulte which accused […]
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