Finance
What DoubleLine’s Jeffrey Gundlach is betting on after the Fed decision
DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he’s warming up to commodities, while doubling down on foreign investments amid dollar weakness. The widely followed investor said he recently shifted positive on broad commodities, pointing to a steady, largely overlooked rally in the asset class. “Commodities broadly have quietly started to rise,” Gundlach said. “For the […]
Read More
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
Read More
Divided Fed approves third rate cut this year, sees slower pace ahead
Key Points A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 10-3 vote, but signaled a tougher road ahead for further reductions. The FOMC’s “dot plot” indicated just one more reduction in 2026 and another in 2027, amid considerable disagreement from members about where rates should […]
Read More
Fed still forecasts just one rate cut for next year
The Federal Reserve logo is visible on the William McChesney Martin Jr. Building on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images The Federal Reserve still sees just one rate cut in 2026, unchanged from its last forecast about three months ago. The central bank’s so-called dot plot, which […]
Read More
Stocks making the biggest moves midday: Photronics, AeroVironment, Maplebear, GE Vernova & more
Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a blog post that its same-day […]
Read More
Trump to start final Fed chair interviews beginning with Kevin Warsh
watch now VIDEO1:5301:53 President confirms search for the next Fed chair is still on Squawk Box President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, […]
Read More
Stocks making the biggest moves premarket: GameStop, AeroVironment, Cracker Barrel & more
Check out the companies making the biggest moves before the bell: AeroVironment — The drone maker slid more than 4% on the back of a fiscal second-quarter earnings miss. AeroVironment earned 44 cents per share, well below an LSEG estimate of 78 cents per share. Cracker Barrel Old Country Store — The restaurant stock dropped […]
Read More
IMF’s Georgieva urges China to speed up ‘long-overdue’ shift away from relying on exports for growth, so as ‘not to provoke’ other countries
Key Points China needs to speed up its decades-long plan to increase its reliance on consumption as a driver of growth, IMF Managing Director Kristalina Georgieva told reporters Wednesday. She said such a move was needed “so as not to provoke other countries to take measures to curb down Chinese exports.” The IMF on Wednesday […]
Read More
Stocks making the biggest moves after hours: AeroVironment, GE Vernova, Cracker Barrel and more
Check out the companies making headlines in after-hours trading. AeroVironment — Shares of the defense technology provider slid more than 4% after its second-quarter earnings missed analyst expectations, coming in at 44 cents per share on an adjusted basis. That’s well below the 78 cents per share that analysts surveyed by LSEG estimated. The company’s […]
Read More
There’s no Dow or S&P 500 for cryptocurrencies yet. Bitwise is getting a step closer with new ETF
Key Points The Bitwise 10 Crypto Index ETF (BITW) holds the following 10 digital assets: Bitcoin, ether, XRP, Solana, Chainlink, Litecoin, Cardano, Avalanche, Sui and Polkadot. This makes BITW the first ETF by a major crypto asset manager to include Cardano, Avalanche, Sui and Polkadot, Bitwise CEO and co-founder Hunter Horsley told CNBC. Source
Read More