News

World Cup prize pool nears $900 million as FIFA boosts payouts. Here’s who gets what

FIFA's upcoming World Cup is set to be the most lucrative on-record, with a 'record breaking' prize pool on offer, as FIFA shrugs off other controversies.

Greg Abel earns solid scorecard from Berkshire shareholders after first annual meeting

The reviews from longtime shareholders and professional investors were broadly positive, even as many acknowledged the notable absence of Warren Buffett,

Why Kevin Warsh's arrival at the Fed may catch fixed-income investors off guard

Bond investors may be too complacent with Kevin Warsh expected to become the next Fed chair and volatility in rates likely to follow.

Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel

Greg Abel made a point of stopping by every booth in the hall, greeting employees and shaking hands with shareholders.

Cautious optimism: Berkshire investors weigh future under new CEO Greg Abel

The mood in the air was cautiously optimistic as new and returning investors weighed the company's direction under a new chief executive.

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

The April 7 high of $113 in Western Texas Intermediate crude futures will likely be broken, traders on the prediction markets platform think.

Six months out, control of the Senate is a dead heat, traders on Kalshi say

While Democrats are favored to flip control of the House of Representatives, the upper chamber is a much closer race, traders believe.

Berkshire shares struggle into annual meeting. Can Abel rekindle enthusiasm without Buffett center stage?

For the first time, the 95-year-old Buffett won't be the central figure on stage, marking a new era for one of investing's most closely watched rituals.

China’s EV price war turns into AI arms race beyond cheaper cars

Chinese EV firms are rapidly rolling out in-car AI features to gain an edge, but as the price war drags on, those technologies are quickly becoming commoditized.

China’s self-driving truck leaders say AI breakthroughs won’t accelerate rollout — here’s why

Rapid advances in AI for coding and chatbots doesn't change the timeline for getting self-driving vehicles on the road, industry executives in China said.

Apple execs to talk China and tariffs, but will avoid discussing foldable iPhone, per traders on Kalshi

Apple is set to report earnings after the bell on Thursday, with its conference call scheduled for 5:00 pm ET.

Blue Owl shares surge after private credit firm cites 10X gains from SpaceX

Blue Owl said it's made 10 times its investment in SpaceX, which is headed for a record IPO later this year.
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