Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly,...
Ken Griffin, Citadel at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCKen Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against stubborn inflation."If I'm them, I don't want to cut too quickly,"...
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024.Brendan Mcdermid | ReutersLONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus...
Why Amtrak is attempting to revive the Texas Central bullet train
The U.S., despite decades of research and studies, remains without authentic high-speed rail options.Since 1987, investors have attempted to introduce bullet train service to Texas. In 2014, a group organized under the name Texas Central launched the most recent attempt to...
Stocks making the biggest moves midday: Nvidia, Coinbase, Oracle, Bally’s...
Check out the companies making headlines in midday trading. Bally's — Shares soared 28.4% after hedge fund Standard General made a buyout proposal valuing the casino operator at $15 per share. That's 41.2% higher than where the stock finished last week. Oracle — Shares added...
Stocks making the biggest moves after hours: Oracle, Vail Resorts, Advance Auto...
Check out the companies making headlines after the bell . Oracle — The database software stock surged about 10% in extended trading after fiscal fourth-quarter results topped analysts' earnings estimates. Oracle's cloud services and license support segment, its largest business,...