Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says
BEIJING — Asia’s competitive advantage was once cheap labor. Now, whether it’s China, India or Japan, the region’s edge lies…
Bill Gross says the surging 10-year Treasury yield could test 5% in the short term
Widely followed investor Bill Gross believes Treasury yields have the potential to shoot even higher in the short run. “I…
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…
Bill Ackman says the economy is starting to slow and the Fed is likely done hiking
Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the…
Bill Ackman’s ‘SPARC’ gets OK from the SEC and he’s ready for a deal: ‘please call me’
Billionaire investor Bill Ackman said Friday that U.S. regulators have approved his unique special purpose acquisition company structure, and he’s ready…
Citigroup CEO Jane Fraser sees ‘cracks’ emerging among some consumers as savings dry up
Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO…
Bill Ackman believes the 10-year Treasury yield could approach 5% soon
Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back…
Brad Gerstner says AI will be bigger than the internet, bigger than mobile
Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology…
CEO of private credit giant Ares says his firm is benefitting from rising rates
With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning…
Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows
A majority of Wall Street investors haven’t taken solace in stocks’ 2023 gains, thinking the market could retreat further as…
