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The Latest Breaking News from David Rubenstein

Study arts and humanities because you love them (and so do employers, by the way)

Students should be told the whole story: understanding languages and cultures is a huge advantage in the workplace, says writer and film director Xaymaca Awoyungbo

The Guardian - UK

David Rubenstein Takes Over Baltimore Orioles With Optimism

David Rubenstein takes over as owner of the Baltimore Orioles, aiming for sustained success and a World Series appearance. Excitement surrounds the team's ...

Top News

Al Pacino Explains Why He Thinks The First Godfather Movie Is Better Than The Sequel

In a recent interview, Al Pacino shares his perspective on why he believes the first installment of The Godfather is "more entertaining" than its sequel.

Cinemablend

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Jerome Powell sparks debate by revealing his salary at Economic Club of Washington

Mr Powell claims that he makes around $190,000, but others aren’t so sure

The Independent UK

Powell says further rate hikes needed amid ‘strong’ labor market

Federal Reserve Chair Jerome Powell said that additional interest-rate increases will be needed to cool inflation and borrowing costs may need to peak higher than previously expected, if the strong jobs market persists.

Tribune News Service

Billionaire David Rubenstein says inflation won’t fall significantly until the unemployment rate is almost double what it is now

“The Fed cannot say publicly what I can say, and what others have said, which is that until we get unemployment to about 6%, we’re not likely to get inflation down appreciably,” he said.

Fortune

It's almost impossible to find a CEO who isn't bracing for a recession

Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.

WEKU

University of Chicago chancellor Robert Zimmer steps down for health reasons

CHICAGO — University of Chicago chancellor Robert Zimmer, a mathematician and longtime administrator at the school, is leaving his post to attend to his health, the university has announced.

Chicago Tribune

‘Historic’ global tax deal on multinationals delayed until 2024

Some doubt the OECD-brokered agreement, which would levy more tax on the world’s largest firms, will ever be implemented

The Guardian - UK

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