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Category: Finance

Berkshire Hathaway's cash pile hits record $276.9 billion, operating earnings increase 15%

From CNBC: 2024-08-03 09:40:54 Warren Buffett met with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha. Berkshire’s cash

August 3, 2024

Tips on how to use an extra paycheck wisely to boost savings or pay off debts

From Yahoo Finance: 2024-08-02 14:25:00 If you’re paid biweekly, two months a year will have three paychecks due to the

August 2, 2024

Berkshire Hathaway's cash pile may exceed $200 billion as Buffett sells stock

From CNBC: 2024-08-02 10:52:37 Warren Buffett meets Berkshire Hathaway shareholders ahead of annual meeting. Company’s cash pile could exceed $200

August 2, 2024

Warren Buffett sells $3.8 billion worth of Bank of America shares in 12 days

From CNBC: 2024-08-02 08:01:28 Warren Buffett continues to sell Bank of America shares, disposing of 19.2 million shares for almost

August 2, 2024

MAS creates review group to strengthen Singapore's equities market, address challenges, and boost investor confidence

From CNBC: 2024-08-02 02:35:47 Singapore’s central bank, MAS, forms a review group to strengthen the city-state’s equities market by addressing

August 2, 2024

Mixed earnings results for AAPL, AMZN, INTC, with Apple performing well and Intel struggling.

From CNBC: 2024-08-01 17:49:36 Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in

August 1, 2024

Fed keeps rates steady, hints at future cuts as inflation nears target, markets rally

From CNBC: 2024-07-31 14:45:42 Federal Reserve officials keep short-term interest rates steady, hint at future cuts as inflation nears target.

July 31, 2024

AI-powered financial advisor PortfolioPilot has $20 billion in assets and offers personalized recommendations

From CNBC: 2024-07-31 13:30:01 A financial advisor called PortfolioPilot, using AI, has amassed $20 billion in assets, adding 22,000 users

July 31, 2024

Fed Chair Powell hints at future interest rate cuts, with a possible cut in September.

From CNBC: 2024-07-30 15:39:39 Federal Reserve Chair Jerome Powell testifies before the Senate on monetary policy, hinting at future interest

July 30, 2024

Warren Buffett sells large portion of Bank of America shares, signaling possible profit-taking strategy

From CNBC: 2024-07-30 09:12:15 Warren Buffett sold 18.4 million Bank of America shares in nine days, totaling $767 million. Berkshire

July 30, 2024

Climate change is driving up housing prices in Miami, impacting longtime residents negatively.

From CNBC: 2024-07-27 11:40:47 demand,” Rumbach said. “There’s not enough housing, so the demand for housing is high, which leads

July 27, 2024

Bill Ackman delays listing of Pershing Square's closed-end fund on NYSE

From CNBC: 2024-07-26 18:18:59 Billionaire investor Bill Ackman delays the listing of Pershing Square’s U.S. closed-end fund on the NYSE,

July 26, 2024

Berkshire Hathaway reduces Bank of America stake by $2.3 billion over 6 days

From CNBC: 2024-07-25 08:53:14 Warren Buffett’s Berkshire Hathaway has been selling Bank of America shares for six consecutive trading days,

July 25, 2024

China plans to use ultra-long bonds to boost consumption as retail sales slow

From CNBC: 2024-07-25 06:50:41 China’s retail sales grew by 3.7% in the first half of the year, prompting authorities to

July 25, 2024

Britain plans to regulate buy now, pay later firms to protect consumers

From CNBC: 2024-07-25 02:55:24 The U.K. plans to regulate buy now, pay later firms like Klarna and Clearpay. The government

July 25, 2024

Chinese EV startups like Nio and Geely are investing heavily in R&D to compete with Tesla

From CNBC.: 2024-07-24 23:20:30 Nio’s new factory in Hefei employs 2,000 people and 756 robots, revealing the company’s high investment

July 24, 2024

Job seekers pessimistic as cooling labor market sees rise in unemployment

From CNBC: 2024-07-24 14:19:02 Worker confidence in the job market has hit a low in Q2 2024, with many feeling

July 24, 2024

Workers may receive smaller pay raise in 2025 due to cooling job market

From CNBC: 2024-07-24 09:00:01 Many workers will see smaller annual raises next year as the job market cools from its

July 24, 2024

Chinese semiconductor manufacturers are increasing purchases of chip equipment from top global suppliers

From CNBC: 2024-07-23 22:40:29 Chinese semiconductor manufacturers have dramatically increased their purchasing of equipment from four of the world’s largest

July 23, 2024

Negative: Tesla's shares dropped 4.7% after missing earnings estimates, while Alphabet slipped 1% despite beating estimates.

From CNBC: 2024-07-23 17:29:33 Tesla’s shares dropped 4.7% after second-quarter earnings missed estimates, with earnings per share at 52 cents,

July 23, 2024

Cybercriminals target real estate transactions for fraud, posing significant risk to buyers and sellers.

From CNBC: 2024-07-23 09:42:58 Real estate transactions are increasingly becoming a prime target for cybercriminals due to the large transaction

July 23, 2024

Warren Buffett's Berkshire reduces Bank of America stake for the first time since 2019

From CNBC: 2024-07-22 09:43:07 Warren Buffett meets with Berkshire Hathaway shareholders ahead of the annual meeting in Omaha, Nebraska on

July 22, 2024

Investors are diversifying portfolios into small caps to navigate election year volatility

From CNBC: 2024-07-20 11:00:01 Dave Nadig, ETF journalist, observes a diversification trade fueling flow into small caps. Investors aren’t just

July 20, 2024

CFPB proposed rule would require paycheck advance programs to disclose fees as APR.

From CNBC: 2024-07-19 08:00:01 The Consumer Financial Protection Bureau is targeting paycheck advance programs, which have surged in popularity among

July 19, 2024

China will focus on internal economy amid trade tensions, emphasizing stable real estate and tech growth.

From CNBC: 2024-07-19 02:58:18 Top Chinese officials emphasized focusing on internal affairs amid trade tensions. Goals include stable real estate

July 19, 2024

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