Tag Archives: finance

2011 Jeffrey Gundlech Co-Founder and Chief Executive Officer and Chief Investment Officer of Doubleline speaks at the 16th Annual Sohan Investment Conference in New York on May 25, 2011. Reuters / Jessica Rinaldi Billionaire investor Jeff Gundlach, known as the “Bond King”, predicted in a RealVision interview published on Friday …

Citigroup was fined by federal banking regulators on Wednesday Inc. C 0.97% Million 400 million and ordered the country’s third-largest bank to improve its risk-management systems, citing “significant ongoing shortcomings.” The consent order, approved by the board of New York Bank, blamed Citigroup for a reduction in “various areas of …

Carlos Besera / Bloomberg / Getty Venezuelan President Nicolas Maduro has won a UK court appeal in which he ruled in a legal battle over billion 1 billion in gold reserves held by the Bank of England. Britain’s second highest court overturned a previous ruling recognizing Juan Gouda as Venezuela’s …

Warren Buffett. Getty Images / Drew Anger Pope Francis Vernon Buffett argues that free markets cannot address growing inequality. Pontiff said in a letter to the bishops of the Catholic Church over the weekend that “magical principles” such as trickle-down economics would not solve all of society’s problems. Buffett argued …

President Donald Trump and Warren Buffett. Scott Olson / Getty Images; CBS News President Donald Trump claimed in 2016 that Warren Buffett used past business losses to reduce his federal income tax bill. Billionaire investors responded that they have paid federal income tax every year since 1944 and have contributed …