Policyholders of a struggling life insurer sued its private equity owner, accusing Golden Gate Capital of self-dealing and mismanaging PHL Variable Insurance Co. to the point that it now faces possible liquidation.
Libby Leffler says Nvidia’s new system designed to keep AI agents from “going awry” is a positive step in the right direction. She argued that buybacks “don’t lie” and said the day’s weakness in markets looked more like a macro-driven move tied to oil, Treasury yields and broader AI-news sentiment than a problem with Nvidia’s underlying model. She speaks to Romaine Bostick & Emily Graffeo on "The Close." (Source: Bloomberg)
OMB Director Russell Vought discusses the Trump administration’s cancellation of $810 million in congressionally approved spending for programs serving illegal immigrants, diversity initiatives and other efforts on ‘The Will Cain Show.’
Former aides to the Obama administration spoke about why Democratic megadonors are keeping their wallets closed, even though many anticipate massive victories.