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Howard Lutnick

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Global Economy & Central Banks Just now (08:16 PM IST)

Howard Lutnick Reports More Than $250 Million in Income as He Severs Cantor Ties

Commerce Secretary Howard Lutnick reported more than $250 million in income last year, underscoring the extraordinary personal wealth he brought into the Trump administration after unwinding his ties to Cantor Fitzgerald. The disclosure highlights the scale of the financial interests surrounding one of Washington’s most prominent business figures as he serves in a cabinet role with broad economic influence.

By RDU Global Wire6 min read
Macro Economy & Fiscal PolicyJust now (03:39 PM IST)

Howard Marks Warns Greed Can Overpower Market Memory as Risk Appetite Returns

Howard Marks’ latest market aphorism lands at a moment when investors are again being pulled by rising prices, optimism and the fear of missing out. His warning that memory and prudence “always come out the loser” against greed speaks directly to the recurring tendency of markets to discount past downturns just as conditions begin to look most comfortable.

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