The purchases brought Berkshire’s holding to over 255 million shares, representing a 28.8% stake. Occidental is Berkshire’s sixth-biggest stock holding, and the conglomerate has become Occidental’s...
“I am disappointed by press reports indicating that you are personally intervening—after numerous meetings with big bank CEOs—to delay and water down the Basel III capital...
Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry’s bidding by considering changes to a sweeping set of regulations...
In brief introductory remarks, CEO Ryan Cohen reiterated the company’s plans to focus on cutting costs and boosting profits and intimated that more store closures could...
IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024. Kevin Dietsch | Getty Images The U.S. Department of...
IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024. Kevin Dietsch | Getty Images The U.S. Department of...
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Berkshire Hathaway, an early investor in BYD thanks...
Bitcoin exchange traded funds made their debut in January, but financial advisors have been slow to adopt them. Financial advisors’ concerns around bitcoin include the cryptocurrency’s...
Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified...
Morgan Stanley analysts named a slate of stocks this week they think are too attractive to ignore. The firm called out a list of overweight-rated companies...
Goodboy Picture Company | E+ | Getty Images Almost two-thirds, or 61.9%, of homes listed on the market in May had been for sale for at...
Key Points The Technology Select Sector SPDR Fund (XLK) has an upcoming rebalance based on Friday’s market caps. Apple and Microsoft are the two biggest holdings...