Charlie Munger, friend and business partner of Warren Buffett, dead at 99
Charlie Munger, vice chairman of Berkshire Hathaway, died Tuesday, according to a press release from the company.
Former Binance CEO Changpeng Zhao must stay in US for time being, judge says
Former Binance chief Changpeng Zhao will remain in U.S., a federal judge said on Monday, after the founder of the world's largest cryptocurrency exchange plead guilty for laundering.
Money Lessons from 2023
It's been a turbulent year for investors and for everyday savers. FOX Business takes a look a money lessons learned in 2023 and how to prepare for 2024.
Berkshire sheds GM, Johnson & Johnson, Procter & Gamble as it amasses cash
Berkshire Hathaway revealed the status of the stakes it currently has in various companies in a Tuesday disclosure it submitted to the Securities and Exchange Commission.
Rare US stamp 'Inverted Jenny' sells for record $2M
An rare stamp known as the “Inverted Jenny," was purchased on Wednesday for a record setting $2 million. The stamp depicts an upside-down aircraft.
American Express gives Tunnel to Towers $2M to help end veteran homelessness
Tunnel to Towers is calling on corporate America and major sports teams to join the mission to end homelessness for an estimated 50,000-plus U.S. veterans.
Former NYSE president in talks to reboot FTX exchange
Former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed crypto exchange reaches its final stages.
Goldman moves to unload GM credit card
The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.
Robinhood misses third-quarter revenue estimates on muted trading activity
Robinhood Markets reported quarterly results and said it missed Wall Street estimates for third-quarter revenue, weighed by a slowdown in trading activity.
China records lowest foreign investment on record, experts blame new laws for stifling much-needed growth
The drop marks the most significant one on record since 1998 when comparable data starts, with some experts arguing China's new laws that decrease transparency are driving away investors.
Warren Buffett sits tight on cash as Berskhire investments take a hit: reports
Berkshire Hathaway reported a bigger loss in Q3 2023 than in the same quarter of 2022, but Warren Buffett argued that investors should judge the company on its operating earnings.
The Wolf of Wall Street unveils the 'ultimate strategy' for the average investor
Former Wall Street broker Jordan Belfort details his 'proven formula' for investment success from his new book 'The Wolf of Investing: My Playbook for Making a Fortune on Wall Street.'
Goldman Sachs CEO: Doesn’t see 1970-80s interest rates
Interest rates are climbing, driving prices higher for everything from homes to cars to credit cards. With the Federal Reserve on tap to raise rates further, how high can they go?
Goldman Sachs CEO warns the Fed's rate hike campaign will serve 'shock to the system'
Goldman Sachs CEO David Solomon warns of additional rate hikes from the Federal Reserve as the central bank sits in a "wait-and-see mode" on "sticky" inflation.
Warren Buffett's Berkshire Hathaway ups stake in Occidental Petroleum, again
Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum this week, taking on another 3.9 million of the company’s stock, according to an SEC filing.
Goldman Sachs CEO gives up high-profile DJ gigs
Goldman Sachs chief executive David Solomon has stopped DJing at high-profile events because of the attention the gigs grab, the company has confirmed.
Bank of America profit beats estimates on higher interest income, investment banking gains
Bank of America beat Wall Street estimates for quarterly profit on Tuesday, reporting a net income increase of 10% in the third quarter to $7.8 billion.
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
The Wall Street giant's net profit slumped 33% to $2.06 billion, or $5.47 per share, it said on Tuesday. Analysts on average had expected a profit of $5.31 per share.
More than 200 venture capital firms sign public statement in support of Israel
The venture capital community has issued a public statement in support of Israel after the country was attacked by terrorists, and more than 200 firms have signed it so far.
Bitcoin nearly 1-year after FTX's collapse
Before FTX's collapse, and in the weeks following, Bitcoin prices saw extreme volatility to the downside but have since clawed their way back due to a number of factors unrelated to the bankruptcy.