DoubleLine Capital CEO Jeffrey Gundlach said the Federal Reserve needs to ease policy quickly amid an economic slowdown.
Category: Finance News
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
While the talks are early and could falter, the move could mean that the country’s largest credit card issuer may be about to grow even larger.
Lawmakers are ‘demeaning their role’ by trying to influence the Fed, House finance chair says
The chair of the House Financial Services Committee said it was an ‘outrage’ that some politicians are trying to direct the central bank’s rate cuts.
Planning to delay retirement may not rescue you from poor savings
Many people retire earlier than expected due to unforeseen factors like a layoff or poor health.
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.
How to invest for the next decade with New York Life’s Lauren Goodwin from Future Proof 2024
With interest rates likely to remain volatile, here is where New York Life’s Lauren Goodwin sees opportunities.
Stocks making the biggest moves midday: Gannett, Accenture, Hewlett Packard and more
These are the stocks posting the largest moves in midday trading.
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.
Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.
Stocks making the biggest moves premarket: Microsoft, Intel, Shopify and more
These are the stocks posting the largest moves in premarket trading.