White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
Billionaire investor Ray Dalio subject of unauthorized book
This 'unvarnished' and 'unauthorized' book about billionaire Wall Street Hedge fund investor Ray Dalio and Bridgewater is scheduled for next fall.
Top Wall Street CEOs revive warnings about US economic recession as inflation rages
JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon revived their warnings about the U.S. economy during Saudi Arabia's investment conference in Riyadh.
3Q earnings reports, GDP, bonds progress and more: Monday's 5 things to know
GDP report from Commerce Department Thursday is expected to show the U.S. economy grew 2.1% in the third quarter. Investors will also be looking out for home sales data this week.
ETFs to handle a bear market
Incorporating diversification in your portfolio is a strategy that may reduce risk while investing. Experts share types of ETFs that may be safe picks in the current market environment.
Warren Buffett's Berkshire Hathaway completes $11.6B acquisition of insurer Alleghany
Berkshire Hathaway, billionaire Warren Buffett's company, bought insurance company Alleghany Corp. for $11.6 billion in cash, or $848.02 per share, and will leave the firm largely intact.
Day traders go back to their day jobs as stock market swoons
As workers return to the office, they have less time to use Reddit and invest as a hobby. High inflation and a volatile market are also to blame.
Housing, oil reports, 3Q earnings and more: Wednesday's 5 things to know
Health care will be the focus of Wednesday's third-quarter earnings reports as Elevance Health and Abbott Labs are among companies reporting earnings.
Goldman Sachs CEO sees 'good chance' of US recession in 2023
The U.S. economy is likely headed for a recession, according to Goldman Sachs CEO David Solomon, who became the latest bank exec to warn of a looming downturn.
Activist investor Starboard takes Salesforce stake
A Salesforce spokesperson told FOX Business that the company is "committed to acting in the best interests of our shareholders" but did not comment on the report of a stake.
Goldman Sachs to restructure businesses, combining investment banking and trading: report
Goldman Sachs is planning to restructure its biggest businesses into three divisions, which include combining investment banking and trading businesses into one unit.
Best ETFs for defensive stocks
Experts say there is no one-size-fits-all approach to investing and that there are different factors to consider when building your portfolio, including ETFs.
Harvard's endowment has first year of negative returns since 2016
Harvard University's endowment posted its first year of negative returns since 2016, reporting a 1.8% loss for fiscal year 2022. It had a value of $50.9 billion in June.
Apple to offer Goldman Sachs savings accounts to Apple Card holders
Apple will start offering high-yield savings accounts to its credit cardholders in partnership with Goldman Sachs, according to a Thursday press release.
Wealthy millennial, Gen Z investors skeptical of traditional stocks, bonds: report
Many high-net-worth millennial and Gen Z investors are skeptical of traditional stocks and bonds, according to a Bank of America report released Tuesday.
Inflation tops financial worries among retirees: Goldman Sachs
In addition to inflation, surveyed retirees' top concerns were about future health care, potential reductions in future Social Security benefits and running out of money.
Peloton co-founder John Foley faced Goldman Sachs margin calls as stock sank: WSJ
Foley pledged about 3.5 million Peloton shares as collateral as of the end of September 2021, or about 20% of his stake at the time, according to the Wall Street Journal.
ESG investing has damaged credibility of asset managers like BlackRock
ESG investing, including green initiatives, has hurt credibility of asset managers like BlackRock. Investors need better information to decide who to trust.
Buffett's successor buys nearly $70M of Berkshire stock
Greg Abel, vice chair of billionaire Warren Buffet's Berkshire Hathaway, purchased 168 class A shares at prices between $405,800 and $408,514.01 per share, worth almost $70 million
Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum
Berkshire Hathaway, which received regulatory approval in August to buy up to 50% of Occidental's Petroleum's common stock, owns a total of about 194.4 million shares.
Bank of England to buy UK bonds to avert financial risk
The Bank of England has moved to halt a slide in British government bonds that posed a “material risk” after plans to slash taxes spooked investors.




















