CNBC's Bertha Coombs reports on the fallout between Pimco's Bill Gross and his former co-CEO Mohamed El-Erian. According to Reuters, Gross claimed to have evidence El-Erian wrote a Wall Street Journal article detailing their deteriorating relationship.» Read More
Bill Gross, Pimco founder and co-CIO, discusses debt, default and dysfunction in D.C. He says ratings services make news but seldom break new ground.
JPMorgan Chase announced Thursday that it has gotten out of soon-to-mature U.S. Treasurys ahead of a possible default by the government.
NEW YORK, Oct 9- The Pimco Total Return Fund, the world's largest mutual fund, cut its mortgage holdings in September while notching its best performance in over a year, data from the firm's website showed on Wednesday.
Pimco's Bill Gross forecasts market action if Janet Yellen becomes Fed Chair, and how investors should prepare their portfolios.
Pimco's Bill Gross shares his opinions U.S. debt, and what the administration can do to fix it.
Responding to news that Fidelity is selling short-term debt ahead of the looming debt ceiling, Pimco's Bill Gross says his firm is doing just the opposite.
"Street Signs" host Brian Sullivan got Bill Gross, Pimco, and Laurence Fink, BlackRock Inc., take on the debt ceiling and government shutdown.
CNBC anchor Brian Sullivan hosts an unedited and uncensored frank discussion with two titans of industry: PIMCO Founder and co-Chief Investment Officer Bill Gross, and BlackRock CEO Larry Fink. Presented by UCLA's Anderson School of Business, the two discuss the five secrets of their success and the three biggest challenges facing investors.
PIMCO co-CIO Bill Gross believes the odds of a U.S. default on October 17th is zero.
LONDON, Oct 2- Despite a constitutional aversion to uncertainty, financial markets have breezed through political storms in two of the world's biggest economies, thanks to cool calculations that the crises will not trigger major shifts in investment.
Happy Wednesday. Welcome, welcome to the machine.
In 2011, debate raged in the markets over whether the Fed would embark on a third round of massive bond purchases. Pimco wasn't waiting to find out.
Pimco's Bill Gross weighs in on today's stock rally following Larry Summers' announcement he is withdrawing from consideration for Fed chair. "Larry Summers was not a slam dunk nominee; Janet Yellen has always been the front runner," he says.
PIMCO's Bill Gross is declaring a war to defend bonds. Steve Auth, Federated Investors Global Equities, and Ron Kruszewski, Stifel Nicolaus, discuss. "We think we're in a bond bear market," says Auth.
To Pimco's bond chief Bill Gross, the bond market selloff is really more of a skirmish than an all-out war.
Britain's finance minister George Osborne unveiled his plans for another round of government spending cuts on Wednesday as he tried to keep his deficit reduction drive on track despite stiff opposition to his policies.
The Fed sees the downside risks to the outlook for the economy and labor markets as having diminished since the fall. Pimco co-CIO and founder Bill Gross, provides perspective.
Bill Gross, PIMCO, says the Fed's policies are part of the problem and not the solution. He says rates are so low you reduce the incentive among investors to take risk.
Will stocks fall if bond yields rise? Pimco's Bill Gross offers insight. "There is going to be a mild positive correlation:If bond prices go down, stock prices will go down as well," he says.
Mark Carney may move to depreciate the pound, according to Pimco, a gambit which would see the U.K. join the global battle of countries competing to soften their currencies.