“I expect to see weaker economic data in coming reports. I still think there’s a good shot that the history books will say September 2024 was the start of a recession,” Gundlach said on CNBC’s “Closing Bell.” As for the market impact from rate cuts, Gundlach believes the easing ...
"We think that they will probably go another 25 after this regardless of what the market thinks and what they say," said Thomas Martin, senior portfolio manager at Globalt Investments. "And we also think that they'll continue to hold those rates." In spite of recent indicators showing cool...
Popular fast-food burger chain closing 140 restaurants One of the biggest burger chains in America is shutting down underperforming locations. WEN Automotive Industry, Car News and Analysis 11 hours ago The UAW union is taking a step back from Stellantis dispute ...
Investing News, Analysis, and Tips 36 minutes ago Stock Market Today: Stocks extend record run on Trump boost, Fed rate cut Stocks are holding gains after the best post-election rally on record, but a key Fed press conference awaits. ...
S&P 500 Soars For Best Week in a Year | Closing Bell -- Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Jess Menton and Tim Stenovec. ... ...
The defense and the prosecution delivered closing arguments to the jury on Thursday in a trial that began on Sept. 13. The prosecution said Milton was obsessed with the company's stock price and made the statements to inflate it and his own net worth. The defense said prosecutors had distort...
It now owns about 211.7 million Occidental shares worth $12.6 billion based on the oil company's closing price of $59.65 on Monday. Berkshire is Occidental's largest shareholder, and some analysts and investors have speculated that it might eventually buy the Houston-based company. Posted by Reu...
in bear market territoryat the opening of trade on Thursday. Though an official bear market is determined on a closing basis, the S&P 500 is on track to slide 4.7% based on premarket futures trading. That would put the index 22.88% below its record close of 3,386.15 hit on Feb. 19. ...
PROThe Top 10 DRIPs for 2019 Dividend reinvestment plans (DRIPs) are compound interest to the extreme. Here are an expert's top-10 DRIP stocks for 2019. Investing Sep 12, 2018 4:02 PM EDT PROClosing Bell: LIVE MARKETS BLOG Equities had a volatile day of trading Wednesday. Investing Aug...
Nestle's new CEO Ulf Mark Schneider must add detail to cost cutting and provide hope of M&A when he fronts his first shareholder conference on Sept. 26. NSRGYKHCDANOY Latest Stock Market News & Data Aug 15, 2017 11:25 AM EDT European Stocks Rise As Geopolitics Fall Away And Airlines Soar...