News

Bill Ackman says the economy is starting to slow and the Fed is likely done hiking

Pershing Square's Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the back of aggressive rate hikes.

Stocks making the biggest moves premarket: Rivian, SolarEdge, Sphere Entertainment and more

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

Watch live: Top oil CEOs join CNBC at ADIPEC to discuss the energy transition

Major oil executives, policymakers and ministers convene in Abu Dhabi this week to discuss energy markets.

FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto

FTX’s multibillion-dollar cryptocurrency blowup hasn’t shaken some of its customers’ faith in the industry

Bill Ackman’s SPAC gets OK from the SEC and he’s ready for a deal: 'please call me'

The Securities and Exchange Commission greenlit what the Pershing Square CEO has called a SPARC — a special purpose acquisition rights company.

Stocks making the biggest moves midday: Tesla, Nike, Carnival, Nvidia and more

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

Citigroup CEO Jane Fraser sees 'cracks’ emerging among some consumers as savings dry up

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser.

Stocks making the biggest moves before the bell: Nike, Blue Apron, Bumble and more

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

Can China's economy reverse a sluggish 2023 in the last quarter? Here's what to watch

The last three months of the year are set to bring more clarity on China's economic outlook and any government support — especially for the real estate sector.

Bill Ackman believes the 10-year Treasury yield could approach 5% soon

The Pershing Square Capital Management CEO said he did not believe the Federal Reserve could get inflation back down to its 2% target.

Brad Gerstner says AI will be bigger than the internet, bigger than mobile

"We're at the beginning of one of the biggest tech booms in the history of technology," Altimeter Capital Chair and CEO Brad Gerstner said.

Stocks making the biggest moves midday: CarMax, Accenture, Peloton, Jefferies and more

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