Finance

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Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently

Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. …
Stocks making the biggest moves midday: First Solar, Tesla, CVS, TD Bank and more

Stocks making the biggest moves midday: First Solar, Tesla, CVS, TD Bank and more

Check out the companies making headlines in midday trading: First Solar — The solar stock slipped 9.3% after Jefferies cut…
The Fed is finally cutting rates, but banks aren’t in the clear just yet

The Fed is finally cutting rates, but banks aren’t in the clear just yet

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee…
Here’s the inflation breakdown for September 2024 — in one chart

Here’s the inflation breakdown for September 2024 — in one chart

David Paul Morris/Bloomberg via Getty Images Inflation fell in September as lower gasoline prices combined with other waning price pressures…
Hedge funds do an about-face on the China trade, selling stocks in record numbers

Hedge funds do an about-face on the China trade, selling stocks in record numbers

Hedge funds that recently flocked into Chinese stocks on stimulus hopes just did a 180. Professional traders posted the largest…
Stocks making the biggest moves premarket: Delta Air Lines, CVS Health, Nike and more

Stocks making the biggest moves premarket: Delta Air Lines, CVS Health, Nike and more

Check out the companies making headlines before the bell. Delta Air Lines – Shares fell nearly 5% after the airliner…
7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring

7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring

A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024.   Richard…
Ripple launches crypto storage services for banks in bid to diversify

Ripple launches crypto storage services for banks in bid to diversify

Jakub Porzycki | Nurphoto | Getty Images   U.S. blockchain startup Ripple made a major foray into crypto custody on…
Fed officials were divided on whether to cut rates by half a point in September, minutes show

Fed officials were divided on whether to cut rates by half a point in September, minutes show

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…
Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more

Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more

Check out the companies making headlines in midday trading. Astera Labs – Shares gained more than 16% after the company,…
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