Investing and Transactions

Luxury watch sales are a $75 billion market, with secondhand sales making up 30% of that, according to data from the Boston Consulting Group. It continues to grow as demand increases.

Three students from Goldman Sachs CEO David Solomon's alma mater, Hamilton College, accused the executive of referring to the fossil fuel divestment movement as "stupid."

Many GenXers stopped saving for retirement because they couldn’t afford it, a Clever survey found. And about half have less than $100,000 saved for retirement. But there are many ways to save.

Apple revealed Wednesday that the total number of deposits that the high-yield savings accounts, which it offers with Goldman Sachs, have brought in was more than $10 billion.

Bank of America is utilizing artificial intelligence through its virtual assistant Erica to streamline customers' interactions with the bank while helping to keep expenses in check.

Despite a recent dip, Draper Associates founder Tim Draper says bitcoin is beginning to separate itself from other cryptocurrencies and digital assets.

Generative AI and machine learning make it easier for financial advisors to research investments and make recommendations to clients, but barriers to AI replacing human advisors remain.

Generally, investors with greater wealth have the ability to assume more risk, but it is truly dependent on their lifestyle and goals, according to experts.

The lucky winner of this week's $1 billion Powerball jackpot, the third-largest purse in history, lives in California, and 36 other million-dollar winners are scattered across the U.S.

Bank of America announced that its second-quarter profits beat Wall Street's expectations thanks to higher interest income and investment banking gains that beat forecasts.

Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 20%, citing better-than-expected economic data.

401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.

TikTok's Chinese parent company, ByteDance, is planning to allow the company's U.S. employees to cash out their stock through a buyback program as the company faces a potential ban.

Bitcoin could reach $50,000 this year and $120,000 by the end of 2024 as crypto miners begin stockpiling the digital asset, according to Standard Chartered.

Apple became the first public company to close a trading day with a market cap over $3 trillion Friday, even as Goldman Sachs reportedly looks to shed its credit card partnership.

Despite a recent winning streak spanning 13 consecutive days and a $240 billion boost to valuation, Goldman Sachs slapped Tesla with its fourth share downgrade of the month.

Warren Buffett's company once again sold shares in the Chinese Electric automaker BYD. This time selling another 2.5 million shares worth $86.3 million.

The U.S. Supreme Court on Friday ruled in favor of Coinbase's efforts to stop customer lawsuits while appealing to move the proceedings out of courts and into private arbitration.

Berkshire Hathaway CEO Warren Buffett's total donations hit a new level on Wednesday as the billionaire continues to gradually give away nearly all of his fortune.

Berkshire Hathaway wholly- owned subsidiary National Indemnity Company is raising its stake in five Japanese trading firms, the company announced on Monday.