News

Charlie Munger's acumen, wisdom and irreverence: Investors mourn the loss of one-of-a-kind legend

Munger left a mark on generations of investors in a long and fruitful life.

Zero-day commodity options have now entered the ETF space

Investors can now trade commodities with zero-day options-based ETFs. However, experts warn the popular options strategy comes with a risk.

Not saving in your 401(k)? Your employer may re-enroll you

More companies are doing 401(k) "reenrollments" every year. Workers who elected not to participate may have to opt out again.

Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy

Federal Reserve Chairman Jerome Powell speaks Friday to an audience at Spelman College in Atlanta.

Fed Chair Powell calls talk of cutting rates 'premature' and says more hikes could happen

Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead.

Robinhood CEO defends payment for order flow, says practice is 'here to stay'

That's despite calls from notable consumer trading advocates and regulators for a ban on the practice.

Charlie Munger said Berkshire would be worth double if he and Buffett used this common practice

"Berkshire could easily be worth twice what it is now... All we had to do is just use a little more leverage that was easily available," Munger said.

Munger and Buffett were unable to pull off one last deal together using Berkshire's $157 billion in cash

Munger, who died Tuesday at age 99, said an elephant-sized deal may have to be done by the next generation of leaders at the conglomerate.

China consumption shows 'no sign' of a strong V-shaped recovery, McKinsey says

China's consumer isn't going to be spending big anytime soon, which means companies need to be more strategic to tap the massive market, according to McKinsey.

SEC meets with Grayscale, BlackRock about potential bitcoin ETFs

The regulator said in a memo that it met with Grayscale on Thursday about the potential conversion of the Grayscale Bitcoin Trust into an ETF.

Return to office is 'dead,' Stanford economist says. Here’s why

The share of workers being called back to the office has flatlined, suggesting remote work is an entrenched feature of the U.S. labor market.

Cathie Wood’s Innovation ETF is up more than 30% in November, on pace for its best month ever

The fund rebounded drastically from three straight months of losses, pushing 2023 gains to 48%.
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