‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…
Inflation has created a dark cloud over how everyday Americans view the economy
When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly…
Citigroup to close global distressed-debt business as part of CEO Jane Fraser’s overhaul
Citigroup is shuttering another Wall Street business as CEO Jane Fraser pushes ahead with her overhaul of the bank, CNBC…
Inflation gives millions new access to investments for the wealthy, says SEC
Inflation has given millions of people new access to certain investments earmarked for the wealthy — and consumer advocates argue…
Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction
A Federal Reserve official said Monday that the market may have misunderstood the central bank’s intended message last week after…
Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…
