Yun Li

Wells Fargo shares climbed Wednesday after the bank reported better-than-expected earnings and issued strong guidance on net interest income for 2025.

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again. “The Fed looks like Mr.

As Los Angeles continues to battle wildfires that have ravaged swaths of the city, insurers exposed to the California homeowners market could face an earnings hit up to 20%.

President-elect Donald Trump is poised to sign a flurry of executive orders as soon as he's sworn in, but imposing tariffs on U.S. trading partners won't be one of the actions Monday, according to the Wall Street Journal.

Billionaire investor Stanley Druckenmiller believes Donald Trump's re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses.

The widely-followed investor said reducing the deficit can be achieved through higher taxes, lower spending or a combination of the two.

"We have reached the 'Fartcoin' stage of the market cycle," Einhorn wrote in an investor letter obtained by CNBC.

"We have reached the 'Fartcoin' stage of the market cycle," Einhorn wrote in an investor letter obtained by CNBC.