The Fed is stuck in neutral as it watches how Trump’s policies play out With an abundance of unknowns, the only gear the central bank really can be in these days is neutral.
Posted:
Read Warren Buffett’s latest annual letter to Berkshire Hathaway shareholders Warren Buffett released Saturday his annual letter to shareholders.
Posted:
This ETF provider thinks it's time to rethink investing in China Investors may want to reduce their exposure to the world's largest emerging market.
Posted:
Warren Buffett amasses more cash and sells more stock, but doesn't explain why in annual... "The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."
Posted:
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.
Posted:
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is... Walmart is coming off a tough week after delivering a slowing profit growth forecast.
Posted:
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be... The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.
Posted:
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.
Posted:
Treasury sets March 21 deadline for millions of businesses to report ownership information or risk... The Treasury Department set a March 21 deadline to report "beneficial ownership information" after a Texas court lifted a block on enforcement.
Posted:
Trump says his administration will check Fort Knox 'to make sure the gold is there' A drive to audit Fort Knox has gained steam recently from comments by Elon Musk on X.
Posted:
Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’ Pershing Square's Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a "modern-day" Berkshire Hathaway.
Posted:
Fed officials are worried about tariffs' impact on inflation and see rate cuts on hold,... The Federal Reserve on Wednesday released minutes from its January meeting.
Posted:
How the world's largest asset manager is using nearly $28 billion of acquisitions to reinvent... Over the past year, BlackRock has cut deals to buy infrastructure investment firm GIP, private credit manager HPS and data provider Preqin.
Posted:
A 20% S&P 500 'three-peat' is unlikely in 2025, market strategist says The S&P 500 stock index has returned three consecutive years of 20% gains once in history, analysts said.
Posted:
Fed Governor Bowman says more progress on inflation is needed before further rate cuts The Fed official called for more progress on inflation before the central bank engages in further interest rate cuts.
Posted:
The biggest self-defeating mistakes investors make in trying to beat the market You might be your own worst enemy when it comes to managing your financial portfolio, according to investing guru and index fund pioneer Charley Ellis.
Posted:
Why the way you think about Social Security and retirement income is all wrong, says... Social Security should be seen as an income stream for an investment portfolio, especially when considering overall wealth, says index fund guru Charley Ellis.
Posted:
Here's a potential winner from the Trump tariffs: American tourists traveling abroad The U.S. dollar is expected to strengthen further in 2025 due to President Donald Trump's tariff policy. Overseas travelers may enjoy more buying power.
Posted:
Stock pickers are on a record run with investors. Don't be fooled, says index fund... What's in store for the next chapter of passive vs. active investing, according to Charley Ellis, the indexer who wrote the book on what's best for your money.
Posted:
Warren Buffett's Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance DaVita shares tumbled after issuing a weak outlook amid rising care costs, while big investor Berkshire offloaded some shares in a preplanned agreement.
Posted:
GameStop is considering investing in bitcoin and other cryptocurrencies, sources say GameStop is exploring investments in alternative asset classes, including crypto and bitcoin in particular, three sources said.
Posted:
Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.
Posted:
Barclays shares sink despite fourth-quarter profit hike as 2025 guidance fails to impress British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.
Posted:
Chinese businesses rush to try DeepSeek AI at 'unprecedented' scale Chinese businesses are tapping DeepSeek's newest AI model to see how it can improve productivity.
Posted:
CFPB’s new leadership begins staff purge with dozens of employees terminated The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of the people.
Posted:
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay... The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Posted:
The New York Stock Exchange is launching an exchange in Texas The NYSE Chicago will reincorporate in Texas and be renamed NYSE Texas.
Posted:
Zelle payments top $1 trillion in 2024 as network's growth outpaces rivals including PayPal Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped 27% from the year earlier.
Posted:
Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.
Posted:
Watch Fed Chair Powell speak live before House Financial Services Committee Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.
Posted: