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  Category: Finance

Finance

Finance

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

October 11, 20240

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Groge...

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Finance

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

October 10, 20240

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately ...

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Finance

Crypto relationship scams pose ‘catastrophic harm,’ SEC official says. Here’s how to avoid them

October 8, 20240

krisanapong detraphiphat | Moment | Getty ImagesInvestors are at a heightened risk of cryptocurrency scams tied to fake relationships established...

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Finance

Fed rate cuts should favor preferred stocks, Virtus money manager says

October 7, 20240

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as risky as common stocks.Infrastr...

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Finance

Klarna CEO says a European tech brain drain is ‘number one risk’ for company ahead of IPO

October 5, 20240

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty Imag...

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Finance

Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims

October 4, 20240

Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg.ReutersBritish financial technology firm Revolut on Thursday criticized Facebook...

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Finance

With Hurricane Helene disrupting travel, here’s what fliers need to know

October 2, 20240

Men inspect the damage from flooding in the aftermath of Hurricane Helene on Sept. 28, 2024 in Asheville, North Carolina.Sean Rayford | Getty Ima...

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Finance

Watch Fed Chair Jerome Powell speak live on economy, policy views

October 1, 20240

[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jero...

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Finance

Treasurys on the blockchain: How a new deal could reshape the ETF industry

September 29, 20240

Blockchain technology and tokenization could challenge the traditional ETF model.Janus Henderson said recently that it's partnering with Anemoy L...

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Finance

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

September 27, 20240

David Tepper, founder and president of Appaloosa Management.David Orrell | CNBCAppaloosa Management's David Tepper said investors should believe ...

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