Warren Buffett prefers equities over cash and other takeaways from his annual letter to Berkshire shareholders
Rest assured, Warren Buffett would always prefer putting money into equities over holding cash instruments. That said, a big pile of cash in Treasury bills hasn't exactly been painful, the billionaire ...
Dow wipes out its gains since Trump's inauguration as 'stagflation' fears return
U.S. stocks ended the week on an ugly note Friday, posting their worst day of 2025 - and a run of soft economic data was getting much of the blame.
As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices
In announcing the changes, Citi became the latest major corporation to retreat from DEI goals, as Trump seeks to end the practice in the public and private sectors and directs government agencies to ...
Warren Buffett's growing cash pile and 3 other things investors want to hear about in Berkshire's investor letter
Berkshire Hathaway Inc. on Saturday morning will release its annual report. But the main event, as usual, will be Chairman and Chief Executive Warren Buffett's annual investor letter, in which he ...
Celsius wants to sell more energy drinks to women. Wall Street likes the move.
Celsius Holdings Inc.'s stock rallied on Friday as the energy-drink maker drew praise for its quarterly results and for its decision to buy energy-drink maker Alani Nu for $1.8 billion in a bid to ...
Treasury yields slip as data raise questions about strength of U.S. economy
U.S. Treasury yields slipped on Friday after a fresh batch of data raised questions about the strength of the U.S. economy. -- The yield on the 2-year Treasury BX:TMUBMUSD02Y was 4.245%, down 3 basis ...
UnitedHealth now has to fight the government on another front. The stock is sinking.
Humana Inc. shares (HUM) slid 4.5%, CVS Health Corp.'s stock (CVS) gave up 1.7%, Centene Corp. shares (CNC) slid 1.5% and Elevance Health Inc.'s stock (ELV) was down 1.9%.
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Expect 2025 to be yet another tough year for home buyers and sellers - and the real-estate industry, economists said. In 2023, existing-home sales fell to a near-30 year-low. Last year, sales fell ...
U.S. Consumer Confidence Falls Back on Fears of Tariff-Induced Price Increases
The University of Michigan's index of consumer sentiment tumbled to 64.7 at the end of February, well below January's 71.7. It also was weaker than economists' expectations of 67.8 from a Wall Street ...
It's Trump's economy now - and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.
Rivian keeps promise on making a profit, but here's why the stock is falling
Rivian stock (RIVN) knee-jerked as much as 8.4% higher in the first minute after results were reported after Thursday's close, but quickly backed off, as investors digested some worrying aspects of ...
It's Trump's economy now - and businesses are anxious about tariffs and federal spending cuts
Yet the president's constant threats of tariffs on foreign countries has also unnerved businesses. Higher tariffs could raise their own costs, and if other countries retaliate, it could cost American ...