Breaking News: Markets
David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection
Key Points Greenlight Capital’s David Einhorn warned that investors may be underestimating potential downside risks. “It probably won’t surprise anyone that we are again putting capital preservation at the top of our priorities,” Einhorn said in his latest investor letter. Source
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What a United-American merger would mean, from antitrust hurdles to airfare
American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines to the Trump administration earlier […]
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Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
watch now VIDEO1:5801:58 Treasury Secretary Bessent: Fed should wait and see on rate cuts Squawk on the Street Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room to cut interest rates. Bessent added, though, that he understands if central bank policymakers take a cautious […]
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Global recession is inevitable if Strait of Hormuz stays shut, says Citadel’s Ken Griffin
Key Points “Let’s assume [the Strait is] shut down for the next six to 12 months — the world’s going to end up in a recession,” said Ken Griffin, CEO of Citadel. “There’s no way to avoid that.” As a result, the world is going to see a massive shift toward alternative fuel sources, including […]
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BP’s new CEO to simplify company structure into upstream, downstream units
FILE PHOTO: Meg O’Neill speaks during a media interview as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 17, 2024. Callaghan O’hare | Reuters BP will reorganize into two main business units – upstream and downstream – under new CEO Meg O’Neill, who took the […]
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Investor survey shows most bearishness in 11 months. So the contrarian call is to buy
Investor pessimism has surged to the highest level in nearly a year, a development that could paradoxically signal further gains for risk assets, according to the latest Global Fund Manager Survey from Bank of America. Sentiment fell to its most bearish reading since June 2025, with the bank’s composite measure — based on cash levels, […]
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The Iran war could cost the American taxpayer $1 trillion, says Harvard academic
Source: U.S. Navy | Flickr The Iran war could end up costing U.S. taxpayers far more than official figures suggest, according to the analysis of one Harvard academic. The first 6 days of the the joint U.S.-Israeli operation against the Islamic Republic, beginning February 28, racked up costs of $11.3 billion, according to the Pentagon’s […]
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Cruise demand is ‘exceptionally high,’ says Royal Caribbean Group CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box CNBC’s Contessa Brewer sits down with Royal Caribbean Group CEO Jason Liberty to discuss the cruise industry, outlook for the sector and more. 02:46 28 minutes ago Contessa Brewer Source
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Fed nominee Warsh filings detail vast wealth, far exceeding past chairs
Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025. CNBC Kevin Warsh’s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show. Warsh is President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings […]
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LVMH stock drops as analysts flag luxury recovery ‘party postponed’ amid Iran war
A sign on the exterior of a Louis Vuitton luxury boutique operated by LVMH Moet Hennessy Louis SE is pictured in Paris, France, January 25, 2024. Benoit Tessier | Reuters Shares of LVMH dropped Tuesday after it flagged a hit to sales from the Iran war, overshadowing underlying improvements. The luxury conglomerate missed sales expectations […]
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