Goldman Sachs CEO downplays firm's report on Harris' economic plan
Goldman Sachs CEO David Solomon said that the firm's report that Vice President Kamala Harris touted showed just two-tenths of 1% difference in growth between her plan and that of former President Trump.
Kobe Bryant card, Star Wars toy sell for more than $1M at Goldin auction, plus other record breakers
Recent Goldin auctions have pulled in record-breaking sales on various sports and entertainment collectibles, including a Kobe Bryant-signed card. Check out the winning bids.
Cash in money market accounts at record level as rate cuts loom
Investors' cash stockpiled in money market accounts hit a record $6.24 trillion in August, though looming interest rate cuts could lower returns and prompt outflows.
Buffett's Berkshire hits $1 trillion market cap, first non-tech firm to do so
Warren Buffett's Berkshire Hathaway surpassed the $1 trillion market cap threshold on Wednesday as the conglomerate became the first non-technology firm to reach the threshold.
Buffett's Berkshire cuts Apple stake by half, boosts cash stockpile to $277B as it gets 'defensive’
Warren Buffett's Berkshire Hathaway sold roughly half of its stake in tech giant Apple in the last quarter while it grew its cash stockpile to a record $277 billion.
Buffett's Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Billionaire Warren Buffett's Berkshire Hathaway stepped up its purchases of short-term U.S. Treasury bills to the extent that its holdings now surpass the Federal Reserve's.
In the middle of a stock market selloff, what should investors do?
Financial experts warned that investors should try to avoid selling stocks during stock market downturns after the U.S. stock market selloff accelerated on Monday.
Charles Schwab, Fidelity, other brokerages experience outages amid market volatility
Online brokerage firms, mutual fund and ETF customers had troubled executing orders as U.S. stocks tumbled in tandem with global equities from Japan to Europe on Monday.
Goldman Sachs economists raise 'limited' risk of US recession to 25% chance: report
Goldman Sachs economists upped the probability of the U.S. economy entering a recession in the next year to 25%, though they noted they still see "recession risk as limited."
Chick-fil-A, Bud Light’s Dylan Mulvaney lead woke files in Gasparino’s new book
FOX Business' Charlie Gasparino's new book, "Go Woke, Go Broke," details the rise of corporate wokeness, including Bud Light's debacle with Dylan Mulvaney and fight over Chick-fil-A.
Anti-woke investment company announces millions in new funding, plans to launch wealth management offering
Strive Asset Management has announced it raised $30 million in Series B funding and will be launching a new wealth management offering due to increased demand for its services.
Goldman Sachs profit jumps on robust debt underwriting, fixed-income trading
Earnings were $3.04 billion, or $8.62 per share, for the three months ended June 30, compared with $1.22 billion, or $3.08 per share, a year earlier, the bank said on Monday.
Why Chubb caught Warren Buffett's eye
When Warren Buffett's Berkshire Hathaway disclosed it was buying shares of Chubb, the global insurance giant took on a new coolness among the investing community.
A Trump win would make emerging countries feel there's 'more stability': Global investor Mark Mobius
Mobius Capital Partners founder Mark Mobius weighs in on recent political developments around the world, telling "The Claman Countdown" how a second Trump term might impact markets.
Indian Prime Minister Modi’s third-term victory is a win for business: 'The sky is the limit'
As India's Prime Minister Narendra Modi starts a third term, hopes are high among the business community that his premiership will lead to more opportunities in the world's largest democracy.
Gen Z is ditching traditional investments for classic cars, sneakers and wine
A new report published by Bank of America found that younger investors are ditching traditional stocks and bonds in favor of rare collectibles and crypto.
GameStop meme stock mania is SEC’s bad dream on repeat
GameStop shares remain volatile after the company's annual meeting and amid updates from "Roaring Kitty" on the value of his stake in the troubled video game retailer.
'Bond King' Bill Gross sells rare 'Z' Grill stamp for $4.4M
The "Z" Grill stamp features Benjamin Franklin, and it’s one of the two of its kind that exist. The other stamp is owned by the New York Public Library.
Elon Musk's $56B Tesla pay package in the balance as shareholders hold meeting
Tesla CEO Elon Musk's $56 billion pay package is in the balance as shareholders will decide whether it will be reinstated after a Delaware judge voided it earlier this year.
Oil may rise to $86 per barrel due to 'solid summer demand': Goldman Sachs
Oil prices may rise to $86 a barrel in the next few months due to "solid summer demand" and consumer spending remaining strong, according to a new forecast by analysts at Goldman Sachs.