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.
When will the stock market hit bottom? Goldman says watch for this signal
Stock equities are likely to see further losses, according to Goldman Sachs strategists, until the Federal Reserve signals that interest rate hikes are coming to an end.
Inflation hits Best Buy annual sales
Best Buy said it was expecting full-year comparable sales to fall 3% to 6%, compared with its previous forecast of a 1% to 4% drop.
After subway killing, NYC business community calls for more political action
Partnership for New York City president and CEO Kathryn Wylde says Mayor Eric Adams, Gov. Kathy Hocul, NYPD and MTA leadership need public support for stronger measures ranging from "prosecution of fare evasion to ankle bracelets for felons awaiting trial to institutionalization of the seriously mentally ill."
ESG scores similar to China's social credit system, designed to transform society, think tank director says
Heartland Institute's Justin Haskins discussed the global ESG initiative and compared it to a social credit system used in China.
Warren Buffett's Berkshire Hathaway takes Citigroup stake
According to a 13F filing with the Securities and Exchange Commission, Berkshire added more than 55 million Citigroup shares worth approximately $2.95 billion.
Home Depot raises annual sales forecast on steady demand
The company now expects comparable sales to increase about 3% in fiscal 2022, compared to its previous forecast of a slight positive growth.
Buffett-backed Nubank beats revenue estimates on strong client additions
Nubank on Monday posted a surge in revenue that beat expectations, as the Warren Buffett-backed digital bank benefited from a healthy loan book and strong client additions, sending its shares surging nearly 8% in extended trading.
Goldman strategists warn S&P could drop another 11% if recession hits
The index has already plunged in recent weeks as concerns over sky-high inflation, rising interest rates and a darkening economic outlook continue to weigh on the market.
Ex-Goldman CEO says recession possibility is 'very high risk factor'
Former Goldman Sachs CEO Lloyd Blankfein said on Sunday that he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise interest rates to tackle rising inflation.
FTX CEO Samuel Bankman-Fried takes 7.6% stake in Robinhood
The FTX CEO currently has no plans of changing or influencing the control of Robinhood, but could potentially enhance its stockholder value through "various strategic alternatives or operational or management initiatives" or acquiring additional shares.
Buffett's Berkshire Hathaway buys even more Occidental shares
Warren Buffett's Berkshire Hathaway has developed a taste for oil, specifically shares of Occidental Petroleum.
How ETFs allow you to dabble in the housing sector without a hefty investment
If you want to track a specific index — like the housing sector — you may want to consider purchasing an ETF or “exchange-traded fund,” which is an investment product that’s a bundle of bonds, stocks or other assets, similar to a mutual fund.
Goldman Sachs-backed firm buys Florida community of single-family homes for $45 million
An investment fund backed by Goldman Sachs has recently purchased an entire community of 87 single-family rental homes in Central Florida for just over $45.7 million, according to reports.
Occidental Petroleum posts quarterly profit as oil rises
It was a strong first quarter for Occidental Petroleum as higher oil prices helped the company post a profit.
Goldman, JPMorgan consider covering abortion travel costs for employees: report
Goldman Sachs and JPMorgan Chase are both mulling the possibility of covering the travel cost for employees seeking an abortion, according to a new report.
Sen. Warren calls out Fidelity over its bitcoin 401(k) push
Sen. Elizabeth Warren issued a letter to Fidelity Investments on Thursday, questioning the firm's decision to allow customers to invest a portion of their 401(k) plans in bitcoin.
Buffett's Berkshire buys more Occidental shares
Warren Buffett's Berkshire Hathaway stocked up on oil shares this week, adding to the company's holdings of Occidental Petroleum.
How ETFs allow you to snag pricey tech stocks like Amazon, Google, Apple and Meta
A pooled investment, an ETF resembles a mutual fund and allows you to follow an identified index or sector. So, if tech is your target, a tech-centric ETF is a good option.
‘Recession risk has risen,’ Goldman says — but there's a bright spot in the economy
Goldman Sachs strategists led by Jan Hatzius said the probability of an economic downturn within the next 24 months is 38%.
Elon Musk offers stock picking advice for investors
Elon Musk offers some simple advice for stock pickers.




















