Business

Business

Bond King Jeffrey Gundlach warns of private credit market troubles

DoubleLine Capital founder and CEO Jeffrey Gundlach warns investors of private credit risks and more on ‘Making Money.’ Billionaire investor Jeffrey Gundlach warned that America’s booming private credit market is showing cracks, comparing it to the unregulated CDO market that existed before the 2008 financial crisis — calling it “the …

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Ackman weighs in on NYC Mayor-elect Mamdani’s housing plan

Pershing Square Capital Management founder and CEO Bill Ackman outlines a three-step plan to reform Fannie Mae and Freddie Mac, saying taxpayers could gain $300B in a wide-ranging interview on ‘Mornings with Maria.’ Billionaire investor Bill Ackman said on Wednesday that New York City Mayor-elect Zohran Mamdani is right to …

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