Congressman Jim Jordan is running to be Speaker of the House of Representatives. With potential policy leaning towards spending cuts—the question for many is what this could mean for investors and the bond market.
Noting that Jordan does have some “controversial” stances, Emons states that he is committed to cutting fiscal spending. Warren Buffett's business partner, Charlie Munger, would be a lot richer today if he hadn't sold or donated over 75% of his Berkshire Hathaway stock. -- Lithium giant Albemarle Corp. has walked away from its A$6.6 billion takeover of Liontown Resources Ltd., after Australia’s richest woman built up a blocking minority and effectively scuppered one of the largest battery-metals deals to date.
High interest rates and tight financial conditions mean that huge amounts of risky corporate debt could have a tough time refinancing in coming years.Homeowners on the brink face tough choice of selling home as mortgage payments climb