Swiss regulator calls for more powers after Credit Suisse collapse
Switzerland’s financial regulator on Tuesday called for greater legal powers and vowed to adapts its approach in the wake of…
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…
This ETF offering could become next year’s hot product
BNY Mellon’s global head of ETFs suggests exchange-traded funds using options overlays could become next year’s hot product. “We are…
Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment…
Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large…
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
DoubleLine Capital CEO Jeffrey Gundlach said Wednesday the 10-year Treasury yield will continue to fall to the 3% range next year, following the…
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projections on Wednesday, seeing its favorite gauge falling to 2.4% in 2024. The…
Crypto investor Mike Novogratz, major Biden 2020 donor, to back long shot Dean Phillips
Veteran investor and longtime Joe Biden supporter Mike Novogratz is switching sides to fundraise for Rep. Dean Phillips, D-Minn., the…
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Warren Buffett’s conglomerate Berkshire Hathaway has reduced its stake in HP to 5.2%, according to a regulatory filing released Monday night. The conglomerate previously…
