News

ETF inflows set record high in July, State Street Global Advisors finds

New data shows exchange-traded fund inflows hit $127 billion last month.

Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings

Berkshire Hathaway's cash pile swelled to a record $276.9 billion as Warren Buffett continued dumping his one-time favorite Apple stake.

Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock

The Omaha-based conglomerate's cash hoard is likely to exceed its previous record of $189 billion when it reports quarterly earnings Saturday.

Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank

The move from Morgan Stanley, one of the world's largest wealth management firms, is the latest sign of the adoption of bitcoin by mainstream finance.

Here’s where the jobs are for July — in one chart

Hiring in the U.S. slowed significantly last month with information and financial sectors leading the job losses.

Buffett's Berkshire sells $3.8 billion worth of Bank of America in 12-day selling spree

Berkshire Hathaway dumped a total of 19.2 million BofA shares over the past three days for almost $779 million, according to a new regulatory filing.

Singapore's monetary authority sets up review group in bid to revive its equities market

MAS said one goal will be to identify methods for encouraging participation, including from capital market intermediaries, investors and listed companies. 

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.
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