Meta’s new dividend adds $200B in value; Zuckerberg nets $29B in 1 day
Facebook parent Meta is recording the biggest one-day jump in market value for a U.S. company after the tech giant announced it will pay its first quarterly dividend.
Financial gains in 2024: Consider these investment options to grow your portfolio this year
There are various investment options that can help you grow wealth in 2024. A high-yield savings account, the S&P 500 and real estate are a few popular choices.
Queen Elizabeth and Marilyn Monroe, plus Walt Disney, Tupac, other rare photos up for auction: See the shots
Goldin Auctions announced its first pop culture Type 1 photography collection, with original images of the royal family, music and movie icons, and historic moments. Check out these pix.
Elon Musk’s $56 billion pay package voided by judge
A Delaware judge ruled in favor of Tesla investors who contested CEO Elon Musk's pay package as not having been approved with the full knowledge of minority shareholders.
Will generative AI pay off for businesses in 2024?
Integrating generative artificial intelligence tools is not delivering the return on investment some businesses expect, and one expert says 2024 will be the year owners demand results.
Investors suggest Reddit aim for multi-billion dollar valuation ahead of IPO: report
Reddit is planning a potential IPO that could occur as early as March and advisors have suggested the company target an IPO valuation of about $5 billion, per a report from Bloomberg.
As Pokémon turns 25, here's what the anniversary could mean for your card collection
The 25th anniversary of Pokémon's U.S. release marks the brand as officially "vintage," which has collectors weighing the value of their cards. Two experts project the future of the global phenomenon.
Elon Musk denies AI startup has raised $500M of $1B goal
Elon Musk denied a report that his artificial intelligence company, xAI, has raised about $500 million and was halfway toward its fundraising goal of $1 billion.
Nelson Peltz: Disney's board has 'self-inflicted' wounds
Activist investor Nelson Peltz continued his attacks on The Walt Disney Company's board Thursday after the panel called on shareholders to reject his nomination for a seat.
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.
S&P 500 ends 2023 just shy of record, ushering in 2024 election year
The S&P 500 and Dow Jones Industrial Average are riding into 2024 with fresh highs and optimism that stocks can keep climbing into the new year.
Digital asset markets poised to grow in 2024, Goldman Sachs exec says
The head of digital assets for Goldman Sachs says the marketplace is expected to grow next year as businesses become more familiar with the technology's applications.
BlackRock, State Street face subpoenas in House ESG probe
The House Judiciary Committee announced Friday that leading asset managers BlackRock and State Street will face subpoenas amid the panel's investigation of ESG investing.
UPenn donor withdraws $100M donation after president's congressional testimony on antisemitism
A major donor to the University of Pennsylvania is moving to withdraw a donation valued at $100 million following President Liz Magill's controversial testimony on campus antisemitism.
Warren Buffett and Charlie Munger’s surprise No. 1 investment
Warren Buffett and Charlie Munger made a slew of successful investments, but one not only stands out among the rest, it enabled their other successes.
Home Depot co-founder gives his best investing advice to younger generations
Home Depot co-founder Ken Langone offers advice to young investors on "The Claman Countdown."
Uber shares rally on S&P 500 inclusion
Uber CEO Dara Khosrowshahi and his investors are celebrating the ride-sharing giant's latest milestone: being chosen as one of the S&P 500's newest members.
Berkshire Hathaway’s Charlie Munger on core ideas that helped him succeed in life and business
Charlie Munger, vice chairman of Berkshire Hathaway and longtime business partner of Warren Buffett, passed away just ahead of his 100th birthday. A new book contains his wit and wisdom.
Berkshire Hathaway's future after Charlie Munger's passing
The passing of Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett's longtime friend and business partner, puts the company's succession plan in the spotlight.
Apple Pulls Plug on Goldman Credit-Card Partnership
Apple is ending its credit-card partnership with Goldman Sachs, marking the final blow to the Wall Street bank’s bid to expand into consumer lending.