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.
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.
Goldman Sachs warns stock market may not have hit bottom yet
The stock market relief rally could fade soon as investors confront scorching-hot inflation and continued interest rate hikes from the Federal Reserve.
CFPB is investigating Goldman Sachs’s credit-card practices
Goldman Sachs is under investigation by the CFPB related to its credit card business, one that is expected to bring in over $4 billion in revenue by 2024.
Markets are 'calming down' as inflation shows signs of easing a bit: Goldman Sachs exec
Managing Director and Head of Goldman Sachs Personal Financial Management Joe Duran provided a timeline as to when the United States could expect a recession.
A tech ETF with a gaming twist
The Wedbush ETFMG Video Game Tech ETF is an exchange-traded fund that focuses on stocks and securities in the gaming sector, and includes holdings like GameStop.
Mega Millions $1.02 billion jackpot: Should you take a lump sum or annual payouts?
The jackpot swelled from $20 million to the $1 billion prize after 29 consecutive weeks of no winners for the prize, with the previous draw hitting $830 million.
Warren Buffet-owned mortgage company discriminated against Black and Latino homebuyers
A PA mortgage company discriminated against Black and Latino homebuyers in New Jersey, Philadelphia, and Delaware, leading to the second-largest redlining settlement in history.
These companies have paused hiring or laid off employees
Here is a FOX Business roundup of the companies that have either laid employees off or halted or slowed hiring.
Travel ETF offers exposure to fast-growing industry
The ETF structure is tax efficient, allows for intraday tradability and offers diversification that ranges from broad market exposure to thematic exposures, according to one expert.
Goldman Sachs CEO says recession risk high as company plans to slow hiring
Goldman Sachs CEO David Solomon said factors, including high inflation and slower hiring, means the chance of a recession in the coming years is high.
Bitcoin bounce-back could take longer than you think
Bitcoin has been sliding since May, dipping below it's 200-week moving average. Financial specialists believe it will take up to a year for the cryptocurrency to recover.
Vatican bans investments in defense, weapons, embryonic stem cell research
The Vatican announced Tuesday an updated investment code of ethics for the church, aimed at divesting its money from industries contrary to Catholic moral teaching.
Tuesday's trading: 5 things to know
Second-quarter earning reports for big financial firms were mixed as Goldman Sachs reported a better-than-expected $7.39, or a 2.5% gain
Goldman profit halves but beats estimates as fixed-income trading shines
Revenue at the global markets unit, which houses Goldman's trading desks, jumped 32% to $6.47 billion, with fixed income, commodities and trading revenue surging 55% and equities revenue adding 11%.
Teaching teens about money gets new push
A recent study shows many teens are interested in personal finance but are largely clueless when it comes to investing. These tools and resources can help.
UnitedHealth sees growing enrollment in 2Q thanks to Optum Health
UnitedHealth saw an 18% boost in revenue to about $45.1 billion in 2Q. A big reason for the strong quarter was Optum Health's performance. Optum's revenue per customer increased by 30%
Pinterest shares pop after report Elliott has acquired more than 9% stake
Shares of Pinterest spiked in premarket trading Friday after a report that Elliott Management, which holds a more than 9% stake, is in talks with the company.
Former Netflix, IBM software engineer turned TikToker talks retiring at 30
This TikTok sensation has amassed over 748,000 followers talking about careers, the tech industry, investing, and more.


















