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2 mins read

Warren Buffett's Berkshire Hathaway has scored a $12 billion gain on American Express and Bank of America this year

The billionaire investor's company has made about $4 billion on American Express and $8 billion on …

Theron Mohamed   


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Warren Buffett's Berkshire Hathaway scores $17 billion gain across 5 stocks as value stages a comeback

The famed investor's company has made a remarkable $9 billion on its Bank of America stake since Ja…

Theron Mohamed   


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3 mins read

I'm an American who's lived in Nepal for 7 years. Adjusting to life here came with a steep learning curve.

"Nepal is a challenging country to live in if you are not ready for constant uncertainty," writes H…

Marielle Descalsota   


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2 mins read

Almost 50% of Americans say they worry about their money being safe with a bank as shares of regional lenders plunge amid deposit outflows

A Gallup poll found 48% of Americans are "very" or "moderately" worried about their cash in banks f…

Carla Mozée   


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2 mins read

AmEx reveals its metaverse ambitions in a trademark filing for tech to let people to use its payment cards in virtual worlds

AmEx filed trademark for tech to let it provide card payments, ATM services, banking services, and …

Hamza Fareed Malik   


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3 mins read

US forces hammered dozens of IRGC and Iran-backed militia targets with 125 bombs in retaliation for the drone attack that killed American troops

The retaliatory action comes days after a drone hit a US military base in Jordan, killing three ser…

Jake Epstein   


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1 min read

RBI removes ban on Diners Club International while restriction on Mastercard, American Express continues

The Reserve Bank of India (RBI) has lifted a ban on payment system operator Diners Club Internation…

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2 mins read

Warren Buffett's Berkshire Hathaway has notched a $9 billion gain on American Express this year - and made $26 billion on the stock overall

Berkshire has been an American Express shareholder for over 25 years, and its stake has grown from …

Theron Mohamed   


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2 mins read

Americans don't have to worry about interest rates getting higher in the Fed's latest move

The Federal Reserve announced on Wednesday it's pausing interest rate hikes for the second time in …

Ayelet Sheffey   


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2 mins read

The Fed is about to tighten the screws on America's biggest banks

On the heels of this year's streak of bank failures, the Fed thinks it's time to raise the capital …

Phil Rosen   


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4 mins read

How bad is the banking crisis?

Central banks, regulators and governments are rushing to save banks from collapsing. But the uncert…

Spriha Srivastava   


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2 mins read

In a win for gun control advocates, Visa, Mastercard, and American Express plan to start separately categorizing sales at gun stores

The decision comes after the International Organization for Standardization, a Geneva-based nonprof…

Isabella Zavarise   


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2 mins read

Americans are traveling and dining almost as much now as before the pandemic, AmEx CEO says

Travel bookings in May hit 95% of May 2019 numbers, Steve Squeri, American Express' CEO, told CNBC'…

Brittany Chang   


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Global banking shares slump as fallout spreads

Global financial markets have come under severe pressure after the collapse of Silicon Valley Bank,…

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US bank SVB taken over is largest failure since 2008

US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits i…

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2 mins read

Warren Buffett dumped a bunch of bank stocks before their epic tumble this year, escaping some major pain

Warren Buffett's Berkshire Hathaway sold its stakes in Wells Fargo, Goldman Sachs, and other banks …

Theron Mohamed   


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2 mins read

First Republic Bank turmoil pushes stock to plunge 95% this year as the lender seeks another lifeline from big US banks

Advisors to First Republic were set to seek more financial help from its larger rivals, CNBC report…

Carla Mozée   


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3 mins read

US lawmakers decry Israeli forces for attacking the funeral procession of slain Palestinian-American journalist Shireen Abu Akleh: 'This is just cruel'

Video of the Al Jazeera journalist's funeral procession shows Israeli authorities beating mourners,…

John Haltiwanger   


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5 mins read

Why American Express lowered my card's limit even though I have a credit score of 836 — and what I could have done to avoid it

Credit card issuers can lower your credit limit if you go too long without using your card — and a …

Eric Rosenberg   


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4 mins read

3 signs it's time to downgrade your premium travel credit card to an option with no annual fee

Annual fees can be worth it if you earn lots of rewards and use all the benefits, but if you're not…

Eric Rosenberg