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.
Verizon hikes dividend for 16th straight year
Verizon's quarterly dividend of 65.25 cents per outstanding share will be payable on Nov. 1 to stockholders of record at the close of business on Oct. 7.
US housing market downturn to worsen in 2023, Goldman Sachs warns
Housing sector activity will likely slow sharply in coming months, according to Goldman Sachs economists, with price growth eventually falling to zero.
Billionaire David Rubenstein, at National Book Festival, reveals traits shared by successful investors
Carlyle Group co-founder David Rubenstein shares money-making tips and insights into successful investors from his new book "How to Invest" at the National Book Festival in Washington, D.C.
Credit Suisse looking at cutting around 5,000 jobs
Credit Suisse looks to cut jobs after scandals that include failed investments, COVID-19 rules violation by chairmen, and potential dodging of sanctions on Russia.
Oak Street in $2B bid for Kohl's real estate
Just as Bed Bath & Beyond did, this struggling retail giant is looking for a new buyer to liquidate its real estate assets to improve its financial situation.
Goldman Sachs lifts COVID vaccine requirement, others for employees
Wall Street banking giant Goldman Sachs said it is lifting its COVID-19 pandemic office protocols. Employees will be allowed in regardless of vaccination status.
Wall Street firms set Labor Day as benchmark for return to in-office work
After more than two years of work-from-home policies, some Wall Street firms have determined it's time for employees to return to the office after Labor Day.
Bill Gates gives Warren Buffett a 92nd birthday shoutout on Instagram
Berkshire Hathaway CEO Warren Buffett got a 92nd birthday shoutout on Instagram from fellow billionaire and Microsoft co-founder Bill Gates on Tuesday.
Nasdaq board-diversity rule takes center stage in court battle
The Nasdaq's new rule on corporate board diversity is being taken to court in the New Orleans-based Fifth U.S. Circuit Court of Appeals over its constitutionality.
Serena Williams' most notable venture capital firm investments
Serena Williams recently said in an essay published by Vogue magazine that she would step away from tennis to focus more on family and Serena Ventures
Tesla supplier Panasonic plans additional $4B EV Battery Plant in U.S.
Panasonic Holdings plans new mega-factory close to Elon Musk's Tesla Gigafactory in Austin, Texas. Policy in the Inflation Reduction Act incentivizes onshoring to the US.
Citi begins winding down operations in Russia
Citi expands its departure from Russia amid the war in Ukraine. Citi is one of many banks to leave the former Soviet Union because of its war of aggression.
Ex-NFL star Michael Vick's new company focusing on digital collectibles
Former NFL star Michael Vick launched a new company Tuesday that he hopes will bring fans and sports legends closer together through digital collectibles.
Hedge-fund pioneer Julian Robertson Jr. has died at 90
Under Julian Robertson Jr.'s leadership, Tiger Management LLC brought in annual gains of about 25%. He found success early on in his career on Wall Street.
Buffett's Berkshire Hathaway wins OK to buy 50% Occidental stake
Warren Buffett's Berkshire Hathaway received authorization from The Federal Energy Regulatory Commission (FERC) to buy a 50% stake in Occidental.
Rising interest rates: Why ETFs are good investments during rocky times
While exchange-traded funds are a good way to diversify a portfolio, there's still no foolproof way to beat high inflation when it comes to investment moves.
Disney responds to letter from activist investor Dan Loeb
The Third Point CEO has called on the House of Mouse to consider a series of initiatives, including a cost-cutting program, board refresh, EPSN spinoff and integration of Hulu into Disney+.
Saudi prince made $500M Russia bet at start of Ukraine war
Saudi Arabia's Kingdom Holding Co., the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in Gazprom, Roseneft and Lukoil between February and March, regulatory filings showed.
SEC investigating Melvin Capital Management
The SEC is investigating Melvin Capital Management's risk controls and investor disclosure after the hedge fund was crippled by the meme-stock rally last year.
Warren Buffett's Berkshire reports $44B loss as value of investments falls
Warren Buffett's Berkshire Hathaway suffered a $44 billion loss as a rocky quarter for the markets sent shares of the company's investments lower.





















