ETFs to play around the debt default risk
Exchange-traded funds, or ETFs, are baskets of securities traded on exchanges that may offer investors greater diversification, less risk and fewer fees.
Buffett buys stake in Capital One, sells other banks
Warren Buffett’s Berkshire Hathaway bought 9.9 million shares valued at $954 million in Capital One Financial Corp, while shedding holdings in other banks.
Goldman Sachs enters tech race with AI-powered social media platform
Goldman Sachs unveiled a new AI-powered social media platform, named Louisa, aimed at facilitating corporate connections for employees.
Binance.US says no deal to Voyager Digital
The cryptocurrency exchange Binance.US has canceled a deal to purchase the bankrupt crypto exchange Voyager Digital for $1.3 billion.
Goldman Sachs settles gender discrimination case for $215M
Goldman Sachs is paying out approximately $215 million to settle a lawsuit filed in September 2010 accusing them of discrimination against women in the company.
Berkshire Hathaway's Warren Buffett speaks positively about Elon Musk
Berkshire Hathaway's Warren Buffett and Charlie Munger spoke positively on Saturday about Elon Musk, using words like 'brilliant' and 'talented' when talking about him.
US weighs restrictions on investment in Chinese AI firms
The U.S. government is planning an outbound investment screening mechanism that would potentially review overseas investments in sensitive technologies, including Chinese AI firms.
Warren Buffett says it was 'inevitable' that the government would fully cover Silicon Valley Bank depositors
Berkshire Hathaway Chairman and CEO Warren Buffett told shareholders it was "inevitable" that the U.S. government would fully cover Silicon Valley Bank's depositors.
Berkshire Hathaway's Charlie Munger shares AI skepticism, Warren Buffett compares tech to 'atom bomb'
Berkshire Hathaway's Warren Buffett and Charlie Munger shared their thoughts on artificial intelligence at the company's annual shareholder meeting, expressing skepticism and concerns about the technology.
Warren Buffett's Berkshire Hathaway annual meeting: What to know
Berkshire Hathaway CEO Warren Buffett will answer questions for five hours during the conglomerate's annual meeting in Omaha, Nebraska on Saturday.
New AI-powered investing tool uses ChatGPT to manage portfolios
Portfolio Pilot is a new artificial intelligence-powered plugin that uses OpenAI chatbot ChatGPT to manage users' portfolios and promises to "improve investing for millions."
How AI and fintech are encouraging retirement savings
A panel of experts at the Milken Institute's 2023 Global Conference discussed how advances in fintech and AI tools have led to innovative approaches to boosting retirement savings.
Startups in the U.S. boom
Optimism and startup numbers in American industry are high at the 2023 SelectUSA investment summit, where events kicked off Monday in Marlyand.
Massive amount of funds reportedly poured into Apple high-yield savings accounts upon rollout
A massive amount of funds got poured by Apple credit cardholders into the high-yield savings accounts offered by the tech giant with Goldman Sachs upon their rollout, according to Forbes.
Financial stress has biggest impact on Americans’ mental health: survey
Financial struggles are the biggest drivers of stress among Americans, according to a survey by Clever Real Estate. More than half of respondents said they’re stressed about inflation and not having enough money to save for retirement.
The four things to haggle over when buying a home
Given that the housing market remains competitive in several parts of the country, home buyers hoping to negotiate down a seller’s asking price might risk losing their bid.
Make this simple move to get more return on your cash
Five-year CDs top out around 4.5% annually, nearly a full percentage point more than a 5-year Treasury note, and don’t have the purchase limits of an I Bond.
Bank rates are up. How to avoid leaving money on the table
Even if you’re only keeping modest savings in your bank account, you could make more significant gains over the long term by finding an account with a better rate.
Banks are paying savers again after many years of low rates
Banks are paying up for savers' deposits in a much bigger way than they have in more than a decade, based on recent earnings reports from the nation's biggest banks.
Is your bank account safe? Mass layoffs weaken cybersecurity across finance sector
Mass layoffs in 2023 have the diminished cybersecurity workforce and opened a door for cybercriminals to attack online banking, trading, investing and digital assets.