Kevin O'LearyScott Mlyn | CNBCCelebrity investor Kevin O'Leary is investing in digital currencies, but he hasn't done so lightly, telling CNBC that he'd prefer to consult with regulators on this space rather than be a "crypto cowboy."O'Leary told CNBC's "Capital Connection" on Tuesday...
Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising.The committee that sets interest rates for the Fed on Wednesday released the minutes from the November...
Rising mortgage interest rates continue to take their toll on demand, especially in the refinance market. Total mortgage application volume fell 2.8% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.The average contract interest rate for...
The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S., on Tuesday, Aug. 18, 2020.Erin Scott | Bloomberg via Getty ImagesInterest rates could remain at their record lows "forever," according to one asset manager, despite a recent rush to normalize policy...
Hedge fund manager Bill Ackman is worried about the impact of rising interest rates on his portfolio:
Ackman is so concerned about rising rates impacting his portfolio, so naturally he went to the New York Fed to tell them they should…raise rates. I guess...
SINGAPORE — There are signs that higher prices will become "more entrenched" and harder to reverse, according to the chief executive of Singapore's largest bank. "You're beginning to see more entrenched inflation coming through," Piyush Gupta, CEO of DBS Group Holdings, told CNBC's...
