News

Stocks making the biggest moves after hours: Apple, Amazon, Intel, Snap and more

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

Fed holds rates steady and notes progress on inflation

Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in June.

This AI-powered financial advisor has quickly gained $20 billion in assets

The wealth management industry has long feared a future where human advisors are no longer necessary, and that possibility seems closer with generative AI.

Here's everything you need to know about the Fed decision coming Wednesday

This week's Federal Reserve meeting is not much about the present but potentially very much about the future.

Warren Buffett's Berkshire Hathaway sells Bank of America for a ninth-straight day

Over the past nine trading sessions, Berkshire has cut its BofA stake by 71.2 million shares with just over $3 billion of sales.

Russia considers legalizing crypto for global payments as it faces ongoing sanctions

Russia's parliament will consider a law that permits international payments via cryptocurrencies, Russia's central bank governor said.

Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul

Miami neighborhoods that were previously undesirable for real-estate developers are becoming popular due to lower climate risk, driving up prices.

Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says

Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the NYSE's website.

Why the new spot ether ETFs may ‘be a hit’ despite recent weakness

It's a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut.

Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale

Warren Buffett's holding company sold more Bank of America shares this week, reducing its holding across six consecutive trading days.

China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow

China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic.
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