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…
Fed signals it will raise rates one more time this year before it ends hiking campaign
The Federal Reserve stayed put on Wednesday but forecast it will raise interest rates one more time this year, according to…
Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why
Ark Invest CEO Cathie Wood said she did not participate in Arm’s blockbuster initial public offering last week because she…
Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors
Morgan Stanley has officially kicked off the generative AI era on Wall Street. The bank plans to announce Monday that…
Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests
Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest. FirstMark Capital’s Rick…
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has…
Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market
The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for…
Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there
JPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy is doing well, it would be a “huge…
Bank of England bond sales creating a ‘selling gold at the bottom’ moment, strategist says
LONDON — The Bank of England’s rapid pace of bond sales is creating a “selling gold at the bottom” moment…
Goldman Sachs CEO David Solomon sees Wall Street rebound if tech IPOs perform
The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told CNBC’s David…
