Billionaire investor Leon Cooperman remains a bear with little interest in the broader stock market, which he says underestimates the risk of a fiscal crisis.
Category: Finance News
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Fed’s target doesn’t sound terribly difficult. In practice, it could be a different story.
Despite economic uncertainty, you can still build and preserve generational wealth, experts say
Despite economic uncertainty, it’s still possible to build and preserve generational wealth, according to experts at CNBC’s Financial Advisor Summit.
Americans have been scammed out of $2.7 billion in 2.5 years on social media—7 red flags to look out for
Americans lost $2.7 billion to scams originating on social media between January 2021 and June 2023, says the FTC. Here are the warning signs you need to know.
Stocks making the biggest moves midday: Walgreens, Birkenstock, Ford, Spotify and more
These are the stocks posting the largest moves in midday trading.
Watch: IMF’s Georgieva and other leaders discuss debt relief and reforms on CNBC panel
CNBC’s Joumanna Bercetche is moderating a panel at the annual meetings of the International Monetary Fund and World Bank in Marrakech, Morocco.
Here’s the inflation breakdown for September 2023 — in one chart
The consumer price index, a key inflation gauge, rose 3.7% in September, unchanged from August, the U.S. Bureau of Labor Statistics said Thursday.
Consumer prices rose 0.4% in September, more than expected
The consumer price index was expected to increase 0.3% in September, according to a Dow Jones consensus estimate.
While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
Prolific, a U.K.-based online survey tool, provides people with compensation for reviewing AI outputs.
As the U.S. birth rate falls, immigration reform may be ‘the answer hiding in plain sight,’ analyst says
Immigration policy reform could be the answer to falling birth rates in the U.S. and boost federal tax revenue, some experts say.