Tag: Investment strategy

The Federal Reserve is planning to lower Interest rates by another half point before the end of 2024. The Central bank has two more policy meetings scheduled for November and

JPMorgan Chase has introduced a new global position to oversee junior bankers in response to the tragic death of a Bank of America associate, prompting a reevaluation of how young

DoubleLine Capital CEO Jeffrey Gundlach has called for the Federal Reserve to quickly ease policy in response to the current economic slowdown. Gundlach suggested a half-point interest-rate reduction, emphasizing the

Billionaire investor Steve Cohen is stepping back from active trading at his hedge fund Point72. The influential hedge fund manager, also known as the majority owner of the New York

Apple is currently in talks with JPMorgan Chase to potentially take over its credit card program from Goldman Sachs. The discussions are still in the early stages, with key details

The Federal Deposit Insurance Corporation recently proposed a new rule requiring banks to maintain detailed records for customers of fintech apps following the collapse of Synapse, which left thousands of

An increase in sausage demand may indicate that consumers are looking for more affordable options amidst rising prices. According to the Texas Manufacturing Outlook Survey from the Dallas Federal Reserve,

Goldman Sachs is set to take a $400 million pretax hit to its third-quarter results as it continues to unwind its consumer business. CEO David Solomon announced that the bank

JPMorgan Chase shares experienced a 5% decline after the bank’s president expressed concerns about overly optimistic expectations regarding net interest income and expenses for 2025. While aiming to be near

Hedge fund billionaire John Paulson, known for his successful bets against the housing market during the financial crisis and a vocal supporter of former President Donald Trump, expressed concerns about