Breaking News: Business

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…

Dalio says cutting budget deficit is crucial to stabilize bond market

Ray Dalio, Founder & CIO Mentor Bridgewater Associates, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland…

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…

Trump trade memorandum won’t impose new tariffs on day one, says WSJ report

U.S. President-elect Donald Trump speaks during a rally the day before he is scheduled to be inaugurated for a second…

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…

Wells Fargo WFC earnings Q4 2024

Wells Fargo shares climbed Wednesday after the bank posted better-than-expected earnings and issued strong guidance on net interest income for 2025.…

Mark Wiedman, a BlackRock exec thought to be Fink’s successor, is leaving

Mark Wiedman, Head of the Global Client Business of BlackRock, attends the Global Financial Leaders’ Investment Summit, in Hong Kong,…

Biden administration finalizes crackdown on Chinese vehicles

Chinese made BYD passenger battery electric vehicles and plug-in hybrid electric vehicles collectively known as new energy vehicles in China…

Eli Lilly LLY cuts 2024 revenue outlook on weight loss drugs

The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14,…

Jeff Bezos enables Trump democracy threat: Outgoing Washington Post columnist

Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New…