From Carl Icahn to Gautam Adani: How short-seller Hindenburg is making a name for itself
Hindenburg Research has established itself as one of the most powerful voices in public activist short-selling, hammering the share prices…
Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting
The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall…
White House urges Senate to ‘move swiftly’ on TikTok bill as lawmakers drag their heels
White House national security adviser John Kirby said Sunday that the Senate should swiftly advance a bill that would force…
Bitcoin may start to lose its reputation as a volatile asset. Here’s why
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s…
Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI
Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial…
‘Take the emotion out of investing’ during a presidential election year, strategist says. What to do instead
WEST PALM BEACH, Fla. — Investors’ emotions may run high in 2024, especially in the realm of politics as President…
Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners
JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David…
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by…
Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly, citing big tailwinds supporting inflation
Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against…
