Breaking News: Investing

GameStop, AMC decline as meme stock rally fizzles after just two days

Business
Jessica Roberts

A GameStop store operates in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images GameStop and AMC ...

‘We lost quite a bit of money’

Business
Jessica Roberts

OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss. “I was 100% responsible for ...

Berkshire Hathaway’s big mystery stock wager could be revealed soon

Business
Jessica Roberts

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, ...

JPMorgan Chase (JPM) earnings Q1 2024

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Sarah Wilson

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better ...

As ‘guilt tipping’ gets out of control, consumers start pushing back

Business
Jessica Roberts

“Customers are being asked to tip at the more traditional service encounters [and] also app-based services, ride-share and delivery apps. This gives ...

Time running out for rate cuts, Jim Bianco warns before Fed meeting

Business
Jessica Roberts

“I’m in the camp that the Fed does not change policy in the summer of an election year,” the Bianco Research president ...

China’s valuations are ‘way too low,’ strategist says — here’s why

Business
Jessica Roberts

China has set a GDP target of around 5% for yet another year, amid analyst concerns of insufficient policy support to reach ...

Cryptocurrencies recover after bitcoin retreats from new record

Business
Jessica Roberts

Selim Korkutata | Anadolu Agency | Getty Images Cryptocurrencies bounced on Wednesday, recovering much of the losses from the previous day’s sell-off, ...

Asian currencies that will benefit the most from the Fed’s rate cuts

Business
Jessica Roberts

The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, ...

Gold prices to hit $2,200 and outperformance awaits silver, says UBS

Business
Jessica Roberts

Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in ...