Wall Street

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…

Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news

Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of…

BlackRock CEO Larry Fink accuses DeSantis, Ramaswamy of deliberately false attacks

BlackRock CEO Larry Fink on Thursday accused two Republican presidential contenders of lying about him during their fourth debate Wednesday…

Haley’s new Wall Street donors view Republican debate as first test she needed to ace

Former U.S. Ambassador to the United Nations Nikki Haley’s new Wall Street donors closely watched her Republican debate performance Wednesday,…

Goldman Sachs is betting on the small cap rally. Here’s how.

Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the…