News

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.

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.
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