Goldman Sachs cuts US growth forecast as commodity prices bite
Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending.
Goldman Sachs becomes first Wall St. firm to exit Russia
Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.
Elon Musk, Marc Andreessen mock ESG investing
Musk and Andreessen's criticism comes as investors have started mulling whether ESG rules should be updated to allow for investment in defense companies amid Russia's invasion of Ukraine.
Inflation-fighting ETFs: How to invest
The Amplify Inflation Fighter ETF provides investors with access to a mix of stocks and commodities that seek to benefit directly or indirectly from inflation.
Russian central bank restarts gold buying
Investors are back seeking the safety of the gold as a hedge to both Russia, Ukraine tensions, as well as inflation.
Buffett laments lack of good investments even as Berkshire profit sets record
Warren Buffett on Saturday signaled he will stick to his knitting, bemoaning the lack of good investment opportunities for Berkshire Hathaway Inc as it sits on a massive pile of cash even after repurchasing a huge amount of its own stock.
SEC proposes rules for more disclosure from short sellers
Under the proposed rules, market participants that hold large short positions in stocks would be required to report those positions and related short-sale activity to the SEC on a monthly basis. The agency would then aggregate and publish that data for each security, while keeping the identities of money managers and individual short positions confidential.
Major mutual fund companies double down on explaining market volatility during unrest
Market volatility in the wake of Russia's invasion of Ukraine led major mutual fund companies to reiterate guidance to investors on weathering the storm.
Russia invading Ukraine should cause other countries to impose ‘real devastating costs’ on Putin: Bill Browder
Bill Browder, the founder and CEO of Hermitage Capital Management, an investment fund and asset management company with experience in Russian markets, argued that the U.S., U.K., European Union, Canada, Australia and Canada must “go after” Vladimir Putin's money.
Warren Buffett to release annual shareholder letter this week
Along with the letter, Berkshire will disclose its fourth quarter earnings results as well as information regarding its upcoming shareholder meeting scheduled for April 30.
Can you retire a millionaire with ETFs alone?
You can retire a millionaire with ETFs alone, as long as you manage your end to end financial plan appropriately.
Batman No. 1 copy to sell for $1.8 million – but only in fractional ownership
Rally aims to provide a variety of assets for investment on its platform, including whiskey, baseball cards and comic books.
Warren Buffett clears up Activision stock purchase speculation
According to a 13F filing, Berkshire Hathaway bought approximately 14.66 million Activision Blizzard shares valued at around $975 million as of the end of 2021.
Ex-Goldman banker testifies 1MDB scheme a 'house of cards'
Tim Leissner told a federal jury in New York City that he paid bribes, took kickbacks and lied to banks to keep the scheme going.
Warren Buffett's Berkshire Hathaway buys Activision stock
Berkshire Hathaway bought approximately 14.66 million Activision Blizzard shares valued at $975 million.
Bitcoin mining ETF sees strong start
A new ETF aims to mine for opportunities in the world of Bitcoin mining.
Even on Valentine's Day, couples and money are not always a love match, Fidelity report shows
A new study released by Fidelity Investments shows that talking to your sweetheart about finances is not all chocolates and roses.
Goldman forecasts 7 Fed interest rate hikes in 2022 instead of 5 as inflation rages
Goldman Sachs now sees the Federal Reserve hiking interest rates at every meeting for the remainder of the year as central bank policymakers look to tackle hotter-than-expected inflation.
Hedgeye sues Solstein Capital over alleged intellectual property theft
Independent research firm Hedgeye Risk Management has filed a lawsuit against a financial-TV personality and hedge fund manager in federal court alleging theft of the outfit's proprietary analysis by a former company executive that is also subject of litigation, FOX Business has learned.
Goldman Sachs workers back to office Feb. 1 but some exceptions allowed
Goldman Sachs Chief Executive David Solomon has been clear that he thinks working from home is an aberration. But the bank he runs has quietly allowed people to continue to telecommute, On the Money has learned.