Author: admin@finance

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.

Larry Ellison’s fortune is built on mountains of leverage and risk, allowing him to borrow against his shares and raise cash without giving up control.

CNBC’s Robert Frank reports on how Oracle co-founder and chairman Larry Ellison’s net worth has grown by more than $100 billion in the past day.

American Express’ move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.

A charity auction in Singapore featured a private dinner with DBS Group’s first female CEO Tan Su Shan. The experience fetched a winning bid of over $14,000.

The company said it plans to launch the new supercluster as soon as next year.

The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut.

Gundlach’s gold call is also partly based on his belief that inflation will stay stubbornly elevated because of the impact from tariffs.

The Federal Reserve on Wednesday released its decision on interest rates and updated its economic projections.

The Fed’s dot plot, which shows 19 individual members’ expectations, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026.