News

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.

"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.

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.

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

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

The typical U.S. airline charges about $30 or $35 for a checked bag, experts said. Here are some luggage strategies for travelers to consider.

Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth $1 billion in the second half of the year.

Citadel's multistrategy flagship Wellington fund climbed 1.9% in January, following a 15.3% gain last year.

Kashkari said economic developments have shown that Fed policy is not as restrictive on growth as it appears on the surface.

The U.S. stock market is in a "very dangerous" spot as strong jobs numbers suggest the Federal Reserve's interest rate hikes have not had the desired effect, says Cole Smead.

Delivery Hero put out preliminary results Monday, earlier than they were expected to drop, after the company saw 26% erased from its share value last week.

Powell expressed confidence in the economy and said the pain he feared from rate hikes never really materialized.