„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.
Kategorie-Archiv: CNBC Financial News
NYCB shares jump after bank names new chairman following credit rating downgrade
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.
Clocktower’s chief strategist says Chinese stocks will likely rally 10% to 15% from here
Chinese stocks will likely climb by at least 10% as authorities signal concerted support efforts, said Marko Papic, chief strategist at Clocktower Group.
Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer
The telecom operator plans to acquire a 50% stake in Lawson, taking it private with trading house Mitsubishi Corp, which owns the other 50%.
How to reduce — or avoid — airline fees for checked bags
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.
Roblox shares rise 13% after company beats estimates and issues strong guidance
Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines.
Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations
Yum is the third global restaurant giant to report disappointing revenue for the last three months of 2023.
Uber beats estimates as revenue and bookings see double-digit growth
Uber reported fourth-quarter results Wednesday that beat analysts‘ estimates for revenue and profit.
Alibaba shares drop 5% in premarket trade after revenue miss, $25 billion boost to buyback plan
Alibaba missed market expectations for revenue in the December quarter but announced it is increasing the size of its share buyback program by $25 billion.
CVS beats estimates, but cuts full-year profit outlook on higher medical costs
The company lowered its 2024 adjusted earnings forecast to at least $8.30 per share, down from a previous guidance of at least $8.50 per share.