Wall Street

Unemployment among Hispanic workers rises at faster pace in October than overall rate

The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according…

Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy

The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price…

One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs

The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current…

Investor Steve Eisman tells Penn to take his name off scholarship as school faces criticism during Israel-Hamas war

Longtime investor Steve Eisman is the latest Wall Street executive distancing himself from his alma mater, the University of Pennsylvania,…

DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024

DoubleLine Capital CEO Jeffrey Gundlach believes interest rates are about to trend lower as the economy deteriorates further and tips into a…

Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements

Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past…