Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after…
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Food inflation is killing Chipotle. Wall Street sees little way out for company if it doesn’t raise prices
Wall Street is wondering if Chipotle ‘s plan to eat the cost of food inflation will pay off. The fast-casual…
UBS sees ‘best opportunities’ in Asia, bonds and gold
UBS is urging investors not to rely solely on the ongoing rally in U.S. equities, arguing that diversification into select…
Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts
Federal Reserve Governor Stephen Miran said Wednesday that the latest impasse in trade talks between the U.S. and China poses…
Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’
Federal Reserve Governor Christopher Waller said Friday that he continues to support lowering interest rates but said the central bank…
Tom Lee sees S&P 500 topping 7,000 by year-end, says don’t be fooled by shutdown calamity talk
The government shutdown is unlikely to derail the stock market’s momentum into year-end, according to Tom Lee, Fundstrat Global Advisors’…
United Airlines ground stop sees all planes briefly held across U.S. and Canada
All United Airlines flights departing in the U.S. and Canada were briefly suspended Tuesday night, as the airline asked the…
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s…
L.A. cookie shop owner sees profits crumble under tariff burden: “I have to find a way to persevere”
Los Angeles — Cookie connoisseur Lara Adekoya started her baking business during the pandemic, selling cookies to masked customers out…
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March…