Berkshire's operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to... Berkshire's operating profit generated from the conglomerate's wholly owned businesses including insurance and railroads jumped 34% in the third quarter.
China's Baidu says weekly robotaxi rides hit 250,000 — same as Alphabet's Waymo this spring In the race to prove to regulators and investors that robotaxis have a viable track record, Baidu's Apollo Go is claiming orders on par with Waymo.
More retirement investors opting for 'good enough' stock portfolio strategy to protect their market money Retirees are in a tough spot needing stock market growth to fight inflation, but their personal finance plans can't stomach a major market correction.
Pony.ai becomes first to win citywide robotaxi permit in China's Silicon Valley Pony.ai said it is the first company to get a permit to operate taxis across all of the Chinese city of Shenzhen on the border of Hong Kong.
China says it’s willing to work with U.S. on TikTok — but offers few details Beijing indicated it would work with the U.S. on addressing the future of TikTok in the country.
China's Xi urges Asian nations to keep supply chains stable, work together during ‘turbulent’ times Chinese President Xi Jinping played up how Beijing is a proponent of stable supply chains and free trade in a speech Friday.
Powell forced to stave off uprisings in markets and on his own Fed board as... Powell faces if not the most difficult challenge of his time in office at least the trickiest.
Beijing’s buzzing after Trump-Xi talks and betting a trade ‘honeymoon’ could be next As Chinese President Xi Jinping and U.S. President Donald Trump met Thursday, many people in China cheered the in-person meeting.
Chinese e-commerce giants now dominate Southeast Asia’s online shopping scene ByteDance's TikTok Shop and Alibaba's AliExpress are going global — taking large chunks of the overseas e-commerce market, according to Bain and Company.
Here are the five key takeaways from the Fed meeting and Powell news conference The Federal Reserve meeting that wrapped up Wednesday both delivered on expectations and offered a few surprises.
Fiserv stock craters 44% for worst day ever after company slashes guidance Fiserv said it will move its stock from the NYSE to the Nasdaq next month, where it will trade under the ticker symbol "FISV."
Fed cuts rates again, but Powell raises doubts about easing at next meeting The Federal Reserve on Wednesday released its interest decision following a two-day meeting.
There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no... Federal Reserve Governor Stephen Miran instead called for a half-point cut, while Kansas City Fed President Jeffrey Schmid voted for no decrease.
Here's what changed in the new Fed statement This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.
The Fed is expected to approve another rate cut Wednesday. Here's what else to expect The easy part for the Federal Reserve this week will be announcing a rate cut when it wraps up its meeting Wednesday.
'We're trying to shame them': Upstart activist investors target America's underperforming banks HoldCo has emerged from relative obscurity to launch activist investor campaigns against three regional banks: Comerica, Eastern Bank and First Interstate.
PayPal signs deal with OpenAI to become the first payments wallet in ChatGPT The move makes PayPal an early part of OpenAI's efforts to broaden ChatGPT's use for e-commerce.
BlackRock-linked tokenization firm Securitize to go public via SPAC deal Founded in 2017, Securitize filed on Tuesday to go public through a SPAC deal that values its business at $1.25 billion.
HSBC to set aside $1.1 billion in third quarter for potential hit from Madoff case Herald Fund SPC sued HSBC's Luxembourg unit in 2009, claiming restitution of securities and cash it said were lost in the fraud.
Bessent lists five finalists for Fed chair job, and Trump says decision coming before the... The Federal Open Market Committee meets this week, with an interest rate decision due Wednesday.
'VOO and chill:' Why this popular investment strategy may be losing its appeal — even... Tidal Financial's Gavin Filmore finds many of his clients are no longer satisfied with buying popular ETFs tied to market indexes.
China vows to boost domestic consumption, tech self-reliance in next five years as Fourth Plenum... China's top leaders signaled their priorities for the next five years in a readout released Thursday at the end of a four-day meeting.
China strikes conciliatory tone ahead of expected Trump-Xi meeting Chinese Commerce Minister Wang Wentao told reporters Friday that the U.S. and China can still find ways to work together, and that Beijing opposes decoupling.
With stock market concentration risk at peak, 'it's cash, precious metals, and then crypto' as... A handful of mega-cap tech and AI stocks dominate the U.S. market, an imbalance that has investors looking to bigger hedges.
The biggest crypto wipeout was led not by bitcoin, but much smaller tokens. Here's what... More than 1.6 million traders suffered a combined $19.37 billion erasure of leveraged positions over a 24-hour period beginning Friday, Oct. 10.
China's property slump is far from bottoming. But Beijing is prioritizing tech growth Chinese policymakers won't likely release much more support for the struggling property sector, as tech competition and other issues are more pressing.
Beyond Meat shares fall 1%, giving up a triple-digit gain as meme rally fizzles The reversal comes just one day after the stock enjoyed its best day ever.
Western Alliance CEO says alleged loan fraud is 'incredibly frustrating' but isolated issue Regional banks are getting a reprieve this week after Western Alliance and Zions reported results that didn't include any new loan meltdowns.
Baidu's Apollo Go plans to launch taxis with no steering wheels in Switzerland as the... Baidu's Apollo Go robotaxi unit plans to begin tests in Switzerland this year, with the aim of launching a public-facing service by the first quarter of 2027.