Breaking News: Business
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Finance
China stock ETFs rip higher even as mainland markets close for holiday
People walk on a pedestrian bridge displaying the Shanghai and Shenzhen stock indexes on January 02, 2024 in Shanghai, China. …
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Finance
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Appaloosa Management’s David Tepper said investors should believe…
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Finance
Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
Justin Sullivan | etty Images The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it…
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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…
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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…
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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…
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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…
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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,…
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