Breaking News: Business
-
Finance
The Fed forecasts lowering rates by another half point before the year is out
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market…
Read More » -
Finance
Point72’s Steve Cohen is stepping back from trading his own book
Steven Cohen Adam Jeffery | CNBC Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund…
Read More » -
Finance
DoubleLine’s Gundlach says the Fed needs to cut rates quickly, sees a half-point reduction Wednesday
DoubleLine Capital CEO Jeffrey Gundlach said Tuesday that the Federal Reserve needs to ease policy swiftly amid the current economic slowdown, seeing…
Read More » -
Finance
Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans
Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial…
Read More » -
Finance
Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake
Ajit Jain at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Ajit Jain,…
Read More » -
Finance
Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett’s…
Read More »