Billionaire real estate magnate Barry Sternlicht slams Fed for ‘arcane’ interest rate hikes, says the real estate market was just ‘collateral damage’ in fight against ...

B illionaire Barry Sternlicht is calling out the Federal Reserve for wreaking havoc on the real estate market with aggressive interest rate hikes. Read More

Hedge fund billionaire says US debt 'is a growing concern that cannot be overlooked'

"As we have cautioned over the past year, the surging U.S ... major economy," Griffin added. DANGER AHEAD: CBO SAYS DEBT WILL CONSUME 166% OF GDP IN 30 YEARS The CBO released its long-term ... Read More

U.S. Economy Outperforms, Shaking Off Recession Concerns

In a surprising turn of events, Biden’s economic policies have defied recession predictions as the U.S. economy thrives in ... three months of 2024, the long-term sustainability of this growth ... Read More

'He's Gaslighting Them': Pollster Says An Improving Economy Could Be Bad News For Rishi Sunak

he’s talking to people and saying ‘the economy’s getting better, you’ve got to stick with us, you’ve got to give us credit’, the public will be even more likely to say get lost. Read More

Billionaire says Trump Media a ‘scam,’ calls investors ‘dopes’

Truth Social parent company Trump Media is a “scam,” billionaire investor Barry Diller told CNBC in an interview Thursday. “It’s a scam, just like everything he’s ever been involved in i ... Read More

US Economy News Today: Mortgage Amounts Are At A Nearly Two-Year High

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He ... s news says about the state of the ... Read More

Billionaire investor Ray Dalio explains why he's still investing in China despite a '100-year storm' looming

Now is the best moment to invest in China, even with the country on course for choppier waters, billionaire investor Ray Dalio wrote on LinkedIn. "I have invested throughout many cycles in many ... Read More

Billionaire Investor Nelson Peltz says he will vote for Donald Trump, rather than ‘old Joe Biden’

Good News for Donald Trump amid several legal woes as investor Nelson Peltz favours the former President in upcoming election. Billionaire ... have seen Mr. Bloombish's involvement in politics ... Read More

Billionaire investor says AI will help bring four-day workweek

Billionaire investor ... have a three-day weekend,” he said. Last month, progressive Sen. Bernie Sanders (I-Vt.) introduced a bill that would establish a standard four-day workweek in the U.S ... Read More

Billionaire investor Ray Dalio explains why he's still investing in China despite a '100-year storm' looming

Ray Dalio still considers China to be worth investing in, he said in a LinkedIn post on Monday. It follows another recent post where he forecasted a "100-year storm" if policymakers don't act. Read More