Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’
As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19 pandemic, billionaire investor Ray Dalio…
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
The Fed forecasts lowering rates by another half point before the year is out
The Federal Reserve projected lowering interest rates by another half point before the end of 2024, and the central bank…
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload…
Ray Dalio names the top five forces shaping the global economy
SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy. …
Point72’s Steve Cohen is stepping back from trading his own book
Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72. The prominent hedge fund investor,…
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program…
