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2 mins read

Stock market today: Stocks edge up after best week of the year as investors turn attention to Fed symposium

A speech from Fed Chairman Jerome Powell, retail earnings, and the Democratic National Convention a…

Matthew Fox   


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2 mins read

Stock market today: Indexes climb as producer inflation comes in cool

Stocks jumped after a cool PPI reading for July, setting the stage for consumer price inflation to …

Max Adams   


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2 mins read

Stock market today: Indexes slide to start heavy week of new economic data

US stocks were down to start the week, with traders looking ahead to a slew of new data including c…

Max Adams   


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1 min read

Warren Buffett's Berkshire Hathaway now owns more short-term Treasurys than the Fed

Berkshire Hathaway stands to gain about $12 billion in annual interest from its $235 billion in T-B…

Matthew Fox   


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13 mins read

Meet the enigmatic manager who oversees Larry Page's Google fortune

Wayne Osborne manages the money of Google founder Larry Page, the world's sixth-richest man. He's l…

Hugh Langley   


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Stock market today: Nasdaq suffers worst day since 2022 as weak earnings spark steep sell-off

The Nasdaq dropped more than 3%, fueled by a selloff in Tesla and Alphabet shares after earnings. T…

Jennifer Sor   


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4 mins read

'Turnaround has begun': Wall Street is bullish on Tesla earnings as it looks toward Robotaxi reveal and full self-driving

Tesla is set to report its second-quarter financials after the closing bell on Tuesday. Wall Stree…

Jennifer Sor   


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2 mins read

India's hospitality industry to grow at 10.5% over next three years, generate annual incremental demand of Rs 8,200 cr

India's hospitality industry is projected to grow at a Compound annual growth rate (CAGR) of 10.5 p…

ANI   


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1 min read

Bajaj Auto Q1FY25 results: Net profit, EBITDA, exports see a major jump, leadership change imminent

The company's sales also saw a 7% YoY jump from 11,02,056 units in the June quarter, compared to 10…

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3 mins read

Meet these retired sisters in their 60s who live on cruises full-time. They've already spent over 1,500 days at sea.

Once they retired, sisters Jo Johnston and Elaine Durham sold their houses to cruise full-time. Her…

Jill Schildhouse   


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2 mins read

The inflation report is great news for the prospect of a rate cut

Cooler June inflation is a win for the Fed, which has been looking for concrete signs that price pr…

Max Adams   


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1 min read

Stock market today: US stocks rally ahead of Nvidia's big AI event and as traders prep for Fed meeting

Nvidia's GTC, the annual conference centered on artificial intelligence, will kick off on Monday wi…

Matthew Fox   


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3 mins read

'The worst is in the rear-view mirror': Why Wall Street thinks Tesla's comeback story is finally here

Tesla could have better days ahead as investors eye its Robotaxi and Musk puts his legal drama to b…

Jennifer Sor   


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3 mins read

An Australian boomer retired in Thailand on an $18,000 annual pension. He saves almost half his income and can still travel the world.

John Walker, 73, moved to Chiang Mai, Thailand from Australia in 2019. The cost of living is so low…

Allie Kelly   


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4 mins read

Meet the 'silver squatters': Adults in their mid-50s who are woefully unprepared for retirement

A large cohort of adults in their mid-50s is unprepared for retirement and may need to rely on fami…

Jennifer Sor   


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3 mins read

'We're not backing down:' How the West plans to use Russia's frozen funds, and why some say it's still not enough to help Ukraine

G7 leaders reached a compromise agreement to use profits from Russia's frozen assets as collateral …

Filip De Mott   


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2 mins read

Stock market today: US stocks end the week higher after cool inflation, Apple AI hype

The Nasdaq 100 closed at a record high every day this week amid continued investor excitement towar…

Matthew Fox   


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2 mins read

Stock market today: Indexes edge lower after hitting records on cooling inflation

Outgoing Fed President Loretta Mester told CNBC on Friday that recent disinflation data supports th…

Matthew Fox   


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2 mins read

Stock market today: Stocks edge higher to close at a record after upbeat producer inflation data

Stocks rose but pared gains from earlier in the day. The 10-year Treasury dropped after May PPI boo…

Max Adams,Filip De Mott   


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1 min read

Tesla stock soars after Elon Musk says his pay package is likely to be approved and BlackRock and Vanguard reportedly vote in favor

"This removes a $20-$25 overhang on the stock in our opinion that has weighed on shares," the Wedbu…

Matthew Fox