Pimco has been selling some of its Treasury holdings and is putting money into what the world’s central banks plan to buy, founder Bill Gross told CNBC’s "Street Signs" on Wednesday.
It was the right time for Spain’s Banco Santander to list its Mexican unit in both the U.S. and Mexico, Santander Mexico chief Marcos Martinez told CNBC’s “Squawk on the Street” after the listing on Wednesday.
The latest round of extraordinary Federal Reserve stimulus measures is risky and leaves little room to maneuver should another crisis hit, economist Lawrence Lindsey told CNBC’s “Squawk Box” on Wednesday.
A fundamental clash of philosophies ran throughout the response to the financial crisis, Sheila Bair, former head of the Federal Deposit Insurance Corp., told CNBC’s "Power Lunch" on Tuesday.
After all the hype surrounding the iPhone 5 launch, Apple looks to have only sold 5 million smartphones, not including pre-orders. That, along with news of riots at Chinese supplier Foxconn and disappointment with the new mapping app, led to profit-taking in Apple shares on Monday. Analysts and fund managers remain bullish.