Breaking News: Business
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Finance
Paramount has become a ‘playpen for momentum goons’ riding UFC deal, short squeeze, says analyst
Paramount Skydance shares have quickly turned into the mecca for momentum-driven retail traders who piled into the stock on hype…
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Finance
BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from…
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Economy
From lipsticks and Labubu dolls to concerts, the ‘treatonomics’ trend is booming in uncertain times
Kate Green | Getty Images Entertainment | Getty Images “Treatonomics” — a consumer trend that covers spending on ‘everyday luxuries’…
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Finance
Prediction markets have a new favorite for the next Fed Chair — Christopher Waller
Federal Reserve Governor Christopher Waller converses on the sidelines of a monetary policy conference at Stanford University’s Hoover Institution in…
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Finance
Hedge funds, matching the market’s performance, are turning cautious with stocks at record highs
Stock-picking hedge funds climbed modestly in July, in line with the broader market, but their positioning has turned more cautious…
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Finance
Prediction markets see Hassett and Warsh as Fed chair front-runners as Trump talks up the ‘Kevins’
Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the U.S. Federal Reserve. Reuters…
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Finance
Trump says JPMorgan Chase, Bank of America rejected him as a customer
President Donald Trump said Tuesday that the two largest American banks previously rejected him as a customer, reviving claims that…
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Finance
Berkshire shares dip after earnings decline, lack of buybacks disappoint investors
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway shares…
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Finance
Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway…
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Finance
BlackRock’s Rick Rieder says a half-point rate cut by the Fed in September is possible
Rick Rieder, BlackRock’s chief investment officer for global fixed income, said July’s dismal jobs report opened the door for a…
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