Finance

Roy Rochlin | Getty Images Entertainment | Getty Images Billionaire investor Ray Dalio is watching closely the “risky” U.S. fiscal situation. “We’re going to have a debt crisis in this country,” the founder of hedge fund Bridgewater Associates said in an interview with CNBC’s Sara Eisen that aired on Thursday. The two were speaking at
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In this article C Follow your favorite stocksCREATE FREE ACCOUNT Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser. The third-largest U.S. bank by assets has been monitoring its credit card customers for signs of distress, Fraser told CNBC’s Sara Eisen on
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Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial names should help safeguard their bottom lines. Club names Wells Fargo (WFC) and Morgan Stanley (MS) have bright spots in their operations that can offset potential weakness from CRE exposure. We’re optimistic about green shoots
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Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023.  Marco Bello | Reuters JPMorgan Chase & Co. CEO Jamie Dimon says geopolitics after Russia’s invasion in Ukraine is the biggest risk, larger than
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Customers experience the new Mate 60 Pro smartphone at a Huawei-branded store in Shanghai, China, September 5, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese telecommunications and smartphone giant Huawei didn’t reveal any details about its new phone or reported advanced chip breakthrough during a high-profile launch event Monday. Instead, the company teased
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