Big banks are making it easy to zap money to your friends. Maybe too easy. Zelle, a service that allows bank customers to instantly send money to their acquaintances, is booming. Thousands of new users […]
Founder Mark Zuckerberg‘s apology before Congress came off as insincere, Gundlach added, and the company’s fortunes are changing. Supporters, he said, argue that “regulation outprices competition,” but Gundlach said “equity bubbles pop by regulation.” The […]
There’s a natural fear that the threatened $100 billion in tariffs on Chinese goods may hurt investment portfolios. But while the stakes seem high, they are much higher if you get rid of mutual funds […]
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