Trump plans to audit U.S. gold reserves at Fort Knox; speculation on revaluing reserves
From CNBC: 2025-02-20 08:09:11 President Trump has announced plans to audit the U.S. gold reserves at Fort Knox in Kentucky.
Category: Finance
BlackRock is using acquisitions to boost assets and earnings, positioning itself for future success.
From CNBC: 2025-02-19 06:00:01 BlackRock has been making major acquisitions, including a $12 billion deal for HPS Investment Partners and
Bill Ackman raises takeover bid for Howard Hughes to $90 per share, transforming it into 'modern-day Berkshire'
From CNBC: 2025-02-18 16:31:25 Bill Ackman, CEO of Pershing Square Capital Management, raised his takeover bid for Howard Hughes Holdings
Market strategist predicts S&P 500 won't repeat 20% gains in 2025 due to uncertainties.
From CNBC: 2025-02-18 14:19:35 Stock market investors have enjoyed high annual returns, but investment analysts predict 2025 may not bring
Federal Reserve Governor cautious on more rate cuts due to need for progress on inflation
From CNBC: 2025-02-17 12:07:46 Federal Reserve Governor Michelle Bowman expressed caution on further interest rate cuts, citing the need for
Investors struggle to beat market due to biases; Ellis recommends index funds and ETFs.
From CNBC: 2025-02-16 09:05:14 Index investing pioneer Charley Ellis emphasizes the difficulty of beating the market and warns investors of
Positive
From CNBC: 2025-02-14 14:00:04 Economists warn about the impact of Trump’s tariffs on the U.S. economy, but travelers may benefit
Active managers struggle to outperform market index long-term due to challenge of gaining edge
From CNBC: 2025-02-14 08:17:41 Stock picking is challenging – 73% of active managers underperform benchmarks after one year, 95.5% after
GameStop is considering investing in bitcoin, with shares soaring 20%
From CNBC: 2025-02-13 16:46:02 GameStop is considering investing in bitcoin and other cryptocurrencies, with shares soaring 20% after the news.
Barclays Q4 2024 pre-tax profit increased by 24%, announced share buyback and cost reduction plan.
From CNBC: 2025-02-13 02:25:02 British bank Barclays reported a 24% increase in pre-tax profit to £8.108 billion in 2024, slightly
Chinese companies are adopting DeepSeek AI model at large scale, driving up AI-related Chinese stocks
From CNBC: 2025-02-12 23:13:59 Chinese businesses are embracing DeepSeek’s AI model to boost productivity, despite U.S. restrictions. Automakers, financial companies,
CFPB purges employees, causing confusion and enforcement division hit hardest
From CNBC: 2025-02-12 14:59:18 The Consumer Financial Protection Bureau sent termination notices to probationary employees amid efforts to trim federal
Federal Reserve expected to keep interest rates steady due to strong consumer spending
From CNBC: 2025-02-12 10:54:54 Bank of America CEO Brian Moynihan predicts the Federal Reserve will not cut its benchmark interest
Fed Chair Powell emphasizes patience on interest rates, dismisses Fed digital currency, cautious stance.
From CNBC: 2025-02-12 10:04:29 Federal Reserve Chair Jerome Powell delivers remarks on monetary policy to the House Financial Services Committee.
NYSE is expanding to Texas with NYSE Chicago moving, as TXSE Group prepares to launch Texas Stock Exchange.
From CNBC: 2025-02-12 09:40:12 The New York Stock Exchange is expanding to Texas, with NYSE Chicago moving to the Lone
Warren Buffett increases stake in Occidental Petroleum by purchasing shares after price drop.
From CNBC: 2025-02-12 08:49:06 Warren Buffett’s Berkshire Hathaway purchased 763,017 shares of Occidental Petroleum for $35.7 million as the stock
Zelle payments hit $1 trillion in 2024, seeing growth in volume and popularity
From CNBC: 2025-02-12 08:16:09 Zelle, a payments network owned by Early Warning Services, hit $1 trillion in total volumes in
Baidu to release Ernie 5.0 AI model with enhanced capabilities, signaling positive news for the company.
From CNBC: 2025-02-11 23:30:14 China’s Baidu set to release Ernie 5.0 AI model with enhanced multimodal capabilities. The update comes
Ken Griffin criticizes Trump's trade policies, warning of negative impact and eroding trust in U.S.
From CNBC: 2025-02-11 13:01:00 Ken Griffin, CEO of Citadel, warned of the negative impact of President Trump’s trade policies at
Dominari Holdings shares surge 83.9% as Donald Trump Jr. and Eric Trump join advisory board
From CNBC: 2025-02-11 10:37:16 Dominari Holdings saw shares soar after Donald Trump Jr. and Eric Trump joined the advisory board.
Fed Chair Powell will address monetary policy and economy concerns, cautious on Trump's tariffs
From CNBC: 2025-02-11 09:45:01 Federal Reserve Chair Jerome Powell will address monetary policy and the economy in Capitol Hill this