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“ “The stock market, frankly, is exhibiting signs of a mania, where you have a very concentrated part of the market’s that driving the entire train.” ” — Jeffrey Gundlach, CEO of DoubleLine That’s Jeffrey Gundlach, CEO of DoubleLine, in a CNBC interview Wednesday afternoon, following a decision by the…

© Reuters. FILE PHOTO: U.S. Senator Elizabeth Warren (D-MA) speaks to reporters as she arrives for the weekly Senate Democratic caucus policy luncheon at the U.S. Capitol in Washington, U.S. May 31, 2023. REUTERS/Jonathan Ernst/File Photo By David Shepardson (Reuters) -Two U.S. senators on Thursday urged the National Highway Traffic…

Investing.com– Most Asian currencies rose slightly on Wednesday, while the dollar hovered near three-week lows as soft U.S. inflation reading spurred increased bets that the Fed will pause its rate hike cycle later in the day. The dollar weakened further in Asian trade after steep losses on Tuesday, as data…

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic acknowledged Thursday more issues with his past financial disclosures, as part of a general release by the regional Fed banks of financial disclosure forms for their leaders covering 2022. Bostic already acknowledged last year what…

Warren Buffett states, “Uncertainty is the friend of the buyer of long-term values,” and Washington represents a big question mark these days for the pharmaceutical sector. After all, news broke on Friday that Bristol Myers Squibb BMY has sued Uncle Sam over a Medicare price renegotiation program in the Inflation…

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