Is the 60/40 investment portfolio making a comeback?
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.
If you win the lottery, these are steps to take ASAP
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 profit surges on interest income and investment banking gains
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 trims US recession odds next year to 20%
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.
Retirement account balances rise despite economic turmoil: Fidelity
401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.
TikTok's China-linked parent ByteDance to let US staff cash out stock: report
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 on road to $120,000 by end of 2024
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 hits $3T in market cap, but changes could be coming to its credit card: report
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.
Goldman Sachs slaps Tesla with another downgrade
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.
Buffett's Berkshire continues to sell shares of Chinese electric automaker
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.
Supreme Court rules in favor of Coinbase in arbitration clash
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.
Warren Buffett charitable donations top $51B after latest gift
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.
Warren Buffett's Berkshire Hathaway increasing stakes in Japan trading firms
Berkshire Hathaway wholly- owned subsidiary National Indemnity Company is raising its stake in five Japanese trading firms, the company announced on Monday.
Blackrock files for bitcoin ETF with SEC
With digital assets entangled in regulation scrutiny, Blackrock filed with the SEC for a bitcoin exchange-traded fund (ETF) to expose more investors to cryptocurrency.
Fed, SEC probing Goldman Sachs’ role in SVB’s final days
Officials are seeking documents related to Goldman Sachs' role as both buyer of SVB’s securities portfolio and adviser on the company’s capital raise.
Bitcoin slides to $25K after Fed meeting
The price of Bitcoin and Ethereum are falling after the U.S. Federal Reserve announced on Wednesday that additional interest rate hikes were on the way in 2023.
Goldman Sachs slashes oil price forecast
Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.
Senate Democrats ask DOJ to investigate Binance statements to lawmakers
Sens. Elizabeth Warren and Chris Van Hollen asked the Justice Department to investigate crypto exchange Binance about whether it made false statements to U.S. lawmakers.
Binance, Coinbase CEOs' fortunes take hit after SEC crypto lawsuits
Binance CEO Changpeng Zhao and Coinbase Chief Executive Brian Armstrong have lost money since the SEC filed lawsuits against both companies earlier this week.
Yellen says more crypto regulation 'would be appropriate'
Treasury Secretary Janet Yellen said on Wednesday that regulation "would be appropriate" in the crypto industry and she supports regulatory oversight.