Breaking News: Business
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Finance
DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine…
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Finance
Steve Cohen says AI will be decadeslong theme, but Monday proves it won’t be a ‘straight line’
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC MIAMI BEACH, Fla. — Billionaire…
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Finance
Elon Musk’s X begins its push into financial services with Visa deal
Elon Musk’s social media platform X on Tuesday announced the launch of a digital wallet and peer-to-peer payments services provided by…
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Finance
How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off
A young Chinese AI startup DeepSeek sparked a massive rout in U.S. technology stocks on Monday as its highly competitive…
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Finance
BlackRock’s Fink sees potential risks and says the bond market will tell us where we are going
BlackRock CEO Larry Fink said President Donald Trump’s efforts to unleash capital in the private sector could have unintended consequences that…
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Finance
David Einhorn says we have reached the ‘Fartcoin’ stage of the market cycle
David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on…
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Finance
Ray Dalio says cutting budget deficit is crucial to stabilize the bond market
Ray Dalio, Founder & CIO Mentor Bridgewater Associates, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland…
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Finance
Trump trade memorandum doesn’t impose tariffs on day one, but he says some could be coming
U.S. President-elect Donald Trump speaks during a rally the day before he is scheduled to be inaugurated for a second…
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Finance
Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump with CEOs ‘giddy’
Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses. “I’ve…
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Finance
DoubleLine’s Gundlach says the Fed looks like Mr. Magoo, focuses too much on ‘short-termism’
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019. Adam Jeffery | CNBC DoubleLine…
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