Wells Fargo Raises CEO Charles Scharf's 2023 Pay to $29 Million
Wells Fargo said on Thursday it has raised CEO Charles Scharf's total compensation for 2023 to $29 million.
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Fed Should Stop Quantitative Tightening, Reduce Interest Rates Soon, Bill Gross Says
Bill Gross has some advice for Fed Reserve: stop winding down its balance sheet now start cutting interest rates in coming months to avoid recession.
El-Erian Says Markets Have Overpriced Speed, Depth of Fed Cuts
Markets are overpricing the pace and amount of Federal Reserve interest-rate cuts as they are overlooking stubbornly high inflation.
Jamie Dimon Tells Davos that Bitcoin is a ‘Pet Rock’
Dimon tells Davos, Bitcoin is ‘pet rock’ that does nothing—except help with fraud and money laundering. He says he's done talking about Bitcoin—again.
Dalio Post Notes Risks Could Destabilize Markets in 2024
Dalio expresses concerns that investors may be too optimistic, failing to adequately account for global threats in their market outlook.
Musk Wants 25% Voting Control at Tesla Before Fulfilling AI Goal
Tesla CEO Musk said he would be uncomfortable growing Tesla to be leader in AI and robotics without having at east 25% voting control of the company.
Gundlach Bracing for Recession - Taking Advantage of S&P Opportunities
S&P presents precarious investment opportunity with significant 75% likelihood impending recession according to prominent investor Jeffrey Gundlach.
