News

Moody's on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.

Italian banking shares took a beating on Tuesday after Italy's cabinet surprised with a 40% windfall tax on lenders' "excess" profits in 2023.

China is planning to restrict businesses' use of facial recognition technology in favor of non-biometric methods, according to the Cyberspace Administration.

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

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

Berkshire's solid performance in insurance helped offset the softness in railroad due to lower volumes.

Shares of Rao's parent Sovos Brands' popped 25% in premarket trading on news that Campbell Soup will acquire the pasta sauce maker for $2.33 billion.

Two ETF experts explore ways to invest in artificial intelligence while diversifying beyond popular Big Tech stocks.

Goldman Sachs CEO David Solomon has hitched his fortunes to asset and wealth management after dropping his ill-fated retail banking effort.

Berkshire Hathaway reported a solid increase in operating earnings, while the cash hoard at Warren Buffett's conglomerate swelled to nearly $150 billion.

OECD data suggests about 1 in 4 seniors in the U.S. are poor. Tweaking Social Security may be the best way to eradicate or reduce old-age income poverty.

Inflation Reduction Act created two consumer rebate programs tied to energy efficiency. Florida has signaled it won't apply for the federal funding.