401(k)s vs pension plans: What's the difference?
Pension plans and 401(k) plans can both help workers during their retirement years. While once commonplace, pensions have largely been replaced by 401(k)s in the private sector.
Warren Buffett pays tribute to friend, Charlie Munger as 'architect' of Berkshire Hathaway
Berkshire Hathaway CEO Warren Buffett wrote in his annual letter that Charlie Munger was the firm's “architect" while he was the "general contractor."
Warren Buffett pays tribute to friend, Charlie Munger as 'architect' of Berkshire Hathaway
Berkshire Hathaway CEO Warren Buffett wrote in his annual letter that Charlie Munger was the firm's “architect" while he was the "general contractor."
Prominent NYC real estate developer and top execs charged in $86M fraud scheme
A prominent New York real estate developer and several other industry executives have been indicted for stealing more than $86 million from investors and subcontractors in New York.
Billions in US pension funds invested in China despite serious national security concerns: expert
Several American public pension funds have poured billions of dollars into the Chinese market over the last three years, sparking concerns over national security.
Billionaire Bill Ackman and wife Neri Oxman buying 4.9% stake in Tel Aviv Stock Exchange
The purchase was part of the TASE's secondary offering of 18.5% of its shares, in which it sold 17.2 million shares at 20.60 shekels per share for 353.4 million shekels ($95 million).
Investors scaled back on real estate purchases in 2023
High home prices and elevated interest rates led to a decline in real estate purchases by investors in 2023, according to a new report from Realtor.com.
Investment company announces new non-woke, anti-ESG shareholder-focused retirement plan for small businesses
Strive Asset Management is launching a new non-woke and anti-ESG 401(k) retirement plan that its CEO says will prioritize shareholder profits, unlike large investment companies.
Tennessee sues BlackRock in first-of-its-kind ESG lawsuit
FIRST ON FOX: Tennessee filed a lawsuit Monday against financial asset manager BlackRock, alleging the firm has violated consumer protection laws by pursuing climate initiatives.
Biden administration snoops around big banks to assess climate risk plans for investments and loans
The Biden administration has conducted a "discovery review" of more than two dozen large banks with assets totalling over $100 billion to determine their plans to manage climate risk.
Fidelity: 92% of savers to alter 2024 resolutions due to financial stress
Nearly all Americans who plan on making at least one financial resolution for 2024 say they will be shifting their goals for the year ahead according to a new report from Fidelity.
The death of woke capitalism
Americans have rocked the woke. Disney recently admitted what every reasonable observer has long known: Its activist strategy has negatively impacted its financial situation.
JPMorgan predicts a grim outlook for the stock market next year
JPMorgan Chase analysts warned in a new note to clients that the stock market faces more pain in 2024, projecting the S&P 500 will fall 8% by year's end.
5 things you need to know about stock options and the potential investment opportunity at your company
Stock options can potentially earn employees a lot of money if a company is successful. Here's all you need to know before making the investment.
Mark Cuban to sell majority stake of Dallas Mavericks to billionaire Miriam Adelson: reports
Dallas Mavericks owner Mark Cuban will sell his majority stake in the team to billionaire casino magnate Miriam Adelson, according to multiple reports.
Red Lobster's Ultimate Endless Shrimp deal contributed to third-quarter operating loss
The number of customers taking Red Lobster up on its Ultimate Endless Shrimp deal contributed to a quarterly operating loss for the chain, according to investor Thai Union Group.
NYSE proposed policy would allow government, 'elite investors' to profit off of America's ecosystem: Experts
A new type of investment vehicle proposed by the New York Stock Exchange would give corporations the rights to the ecological performance of protected lands, critics say.
Robinhood misses third-quarter revenue estimates on muted trading activity
Robinhood Markets reported quarterly results and said it missed Wall Street estimates for third-quarter revenue, weighed by a slowdown in trading activity.
Warren Buffett's Berkshire Hathaway ups stake in Occidental Petroleum, again
Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum this week, taking on another 3.9 million of the company’s stock, according to an SEC filing.
Republican Sen John Kennedy leads legislators against SEC list of private investor info
Sen. John Kennedy, R-La., and lawmakers are creating legislation to stop the Securities and Exchange Commission's efforts to establish an official trail of investors, citing privacy concerns.