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Category: Finance News

Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

Pershing Square’s Ackman will offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among retail investors.

Published 7 February 2024
Categorised as Finance News

Stocks making the biggest moves midday: Roblox, Enphase Energy, Snap, Alibaba and more

These are the stocks posting the largest moves midday.

Published 7 February 2024
Categorised as Finance News

This morning routine helps Mark Cuban stay productive—it involves working from his bed

Unlike some other CEOs, Mark Cuban doesn’t wake up at 4 a.m — but he does start his day working from bed for an hour. Here’s why it makes him productive, he says.

Published 7 February 2024
Categorised as Finance News

Fed’s Neel Kashkari expects only two or three interest rate cuts this year

“Sitting here today, I would say, two or three cuts would seem to be appropriate for me right now,” he said during a CNBC “Squawk Box” interview.

Published 7 February 2024
Categorised as Finance News

‘Loud budgeting’ is having a moment — here’s how to take advantage of it

In 2024, there’s a new idea gaining steam that promotes speaking up about saving money — welcome to the era of “loud budgeting.”

Published 7 February 2024
Categorised as Finance News

NYCB shares jump after bank names new chairman following credit rating downgrade

NYCB has been in freefall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash its dividend.

Published 7 February 2024
Categorised as Finance News

Stocks making the biggest moves before the bell: Snap, Uber, Chipotle, Alibaba and more

These are the stocks posting the largest moves in premarket trading.

Published 7 February 2024
Categorised as Finance News

Clocktower’s chief strategist says Chinese stocks will likely rally 10% to 15% from here

Chinese stocks will likely climb by at least 10% as authorities signal concerted support efforts, said Marko Papic, chief strategist at Clocktower Group.

Published 7 February 2024
Categorised as Finance News

Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer

The telecom operator plans to acquire a 50% stake in Lawson, taking it private with trading house Mitsubishi Corp, which owns the other 50%.

Published 7 February 2024
Categorised as Finance News

‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Art Laffer

The world is looking at a debt crisis that will span the next 10 years and it’s not going to end well, economist Arthur Laffer has warned.

Published 7 February 2024
Categorised as Finance News

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