Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record

The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December.

Credit card interest rates are at record highs. Cards have 'never been this expensive,’ CFPB says

Credit card APRs are at all-time highs. One reason: Issuers appear to be raising their profit margins, according to the Consumer Financial Protection Bureau.

German central bank losses soar, wiping out risk provisions

Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year.

Block shares surge as much as 14% after company announces surprise profit

There was particularly strong growth in Block's payment platform, Cash App, and its point-of-sale suite, Square.

Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more

These are the stocks posting the largest moves in extended trading.

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capitol One agreed to purchase rival credit card player Discover for $35.3 billion.

Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show

The Federal Reserve on Wednesday released minutes from its Jan. 30-31 meeting.

Here's why Capital One is buying Discover in the biggest proposed merger of 2024

Capital One is betting that owning a global payments network protects it against a rising tide of fintech and regulatory threats.

UK posts record budget surplus in January

The U.K. logged a £16.7 billion ($21.1 billion) net budget surplus in January, official figures showed, the largest since monthly records began in 1993.

HSBC pre-tax annual profit jumps 78%, misses market estimates

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Barclays posts fourth-quarter net loss, announces £1 billion share buyback

Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender delivered its first major strategy update since 2016.

Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm

Affirm, run by PayPal co-founder Max Levchin, is among a new breed of fintech lenders competing against credit cards issued by banks.
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