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.
Amazon looking to expand; new player in TikTok bidding war
Fox Business Briefs: Amazon is investing more than $1 billion to expand its tech hubs across the U.S.
Buffett, Berkshire Hathaway investment is 'ultimate privilege': Barrick Gold CEO
EXCLUSIVE: Barrick Gold CEO talks to FOX Business about Warren Buffett's Berkshire Hathaway investing in his company.
California to probe investment complaints tied to former CalPERS CIO
California’s Fair Political Practices Commission has said it would investigate complaints regarding Yu Ben Meng, former chief investment officer of CalPERS, the largest public U.S. pension fund.
Barrick Gold soars to 7-year high as Buffett's Berkshire Hathaway takes 21M-share stake
Barrick Gold shares surged to a more than 7-year high after Berkshire Hathaway announced a 20.9 million-share stake.
More time to shop at Walmart; Domino's Pizza hiring
Fox Business Briefs: Over 4,000 Walmart stores are extending their hours by 90 minutes after cutting them in March due to the coronavirus pandemic; Domino's Pizza looking to fill 20,000 positions.
Stocks to surge as coronavirus vaccine boosts economy: Goldman Sachs
The firm believes S&P 500 earnings will be boosted by a sharp rebound in sales and expanding profit margins as the economy recovers and investor confidence gains momentum.
Warren Buffett sheds big stakes in banks and goes for the gold
Warren Buffett's Berkshire Hathaway Inc. (BRKA)(BRKA) unloaded a more than a quarter of its stake in Wells Fargo & Co. (WFC) and about 61% of its position in JPMorgan Chase (JPM), while acquiring a new position in Barrick Gold Corp. (ABX.T), according to 13-F filings with the Securities and Exchange Commission for the period ended Jun 30, that were released Friday afternoon.
How to avoid blowing up your trading account using options
Options trading is a great way for investors to manage their risk-reward profiles.
Amazon cuts ties with small delivery companies, expected to lay off over 1,200 delivery drivers
Amazon cuts ties with small delivery companies across the country and over 1,200 delivery drivers are expected to lose their jobs in the next few months.
Fed partnering with MIT to develop "hypothetical digital currency"
The Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use
WeWork gets new $1.1B commitment from SoftBank
The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed its cash burn rate almost in half from the end of last year and obtained a $1.1 billion commitment in new financing from majority owner SoftBank.
Popular stocks on Robinhood beat the market: JPMorgan
Investors on Robinhood gravitate toward stocks that are grabbing headlines, seeing outsized one-day returns and a spike in trading volume, the JPMorgan study found.
Robinhood trading app hiring ‘hundreds’ in job ramp-up
A surge in day trading has Robinhood rolling out the red carpet for job seekers.
Two US agencies examining investments sold by crowdfunding site YieldStreet
The SEC and FBI are investigating YieldStreet's practices and collecting information.
California debt fund manager charged by prosecutors with fraud
Brendan Ross, 47, who once oversaw more than $1 billion of assets at Direct Lending Investments LLC, was arrested on Tuesday and charged with 10 counts of wire fraud,
Hyatt updates mask policy; Brooks Brothers could be rescued from bankruptcy
Fox Business Briefs: Hyatt locations in the U.S. will now require hotel guests to wear masks or face coverings at all indoors public places including bars, restaurants, and gyms.
Big US companies form group to boost hiring of minorities in New York
The New York Jobs CEO Council, which counts chief executives from 27 firms among its members, aims to hire 100,000 people from low-income Black, Latino and Asian communities by 2030.
Barry Diller's IAC buys 12% stake in MGM Resorts for $1B
The investment comes at a time when the gambling industry has been ravaged by government restrictions on movement due to the COVID-19 pandemic, as well as fears about public gatherings.
World shares march higher as S&P 500 nears all-time record
Markets rose in Paris, London, Tokyo and Hong Kong even as the tally of confirmed new coronavirus cases grew.
Robinhood to stop sharing app's popular stocks
Robinhood will stop providing access to data that shows how many users are buying and selling a stock.