Lauren Silva Laughlin

American idols. It's not just the masses flocking to Berkshire Hathaway's annual investor confab in Omaha, Nebraska who look to boss Warren Buffett for advice.

NEW YORK (Reuters Breakingviews) - Steve Schwarzman's buyout shop has perfected the art of the cap rate. But has it perfected the tune?

If there’s no such thing as bad publicity, Bill Ackman is in a sweet spot. The billionaire hedge fund manager has parlayed his newfound social media clout into a rich valuation for the Pershing Square Capital Management firm he started. The situation gives off a meme-stock vibe.

GameStop’s actual business – selling video games and associated paraphernalia – isn’t doing so hot. Its other business – earning interest on cash that was handed over irrationally – is helping. But that makes GameStop more akin to a bank than a retailer. Shareholders would be better off sticking with an actual savings account.

A U.S. presidential term is four years. The average U.S. economic cycle is around six years. The average life span for an American man is 76 years. How long is the average election cycle? For President Joe Biden, age 81, it is too long.

The political environment in the United States is lurching from disgust to shock. On Saturday, former President Donald Trump survived an assassination attempt at a rally in Pennsylvania. What this means for his contest with Democrat Joe Biden in November, a race until now marked by disdain for both candidates, is as yet unclear. But as the final Trump holdouts in the Republican Party rally around

Elon Musk has come out squarely behind Donald Trump in this year’s race for the U.S. presidency. But there’s a way he could be even more helpful to his preferred candidate, and do them both a financial favor too: merge his social media platform X with Trump’s.

What went wrong for Bill Ackman? The pushy New York-based hedge fund manager, who set out to raise some $25 billion in hopes of becoming the next Warren Buffett, pulled his initial public offering on Wednesday. The foreboding message: reaching the investing masses is hard to do.

Remember HQ2? Amazon’s 2017 quest to expand its North American base beyond Seattle sparked a circus-like courtship to host as many as 50,000 high-paying jobs. The new location in northern Virginia hasn’t lived up to the hype, but there may be hope for it yet after Chief Executive Andy Jassy ordered everyone back to the office five days a week. The woeful lack of imagination, though, is indicat

Last month, BlackRock’s leader Larry Fink said it “doesn’t matter” who wins the U.S. presidential election this Tuesday. He was singing a different tune in 2020, when President Joe Biden won against current Republican candidate Donald Trump. Back then, Fink praised Biden as the “voice of reason.” His and others’ changing stance shows how fear has trumped hope in U.S. politics, even in the boardroo