Buffett charity lunch sold for $1 million-plus
The annual charity auction of a private lunch with billionaire investor Warren Buffett went for just more than $1 million Friday night — a bargain ...
Buffett's Berkshire buying NV Energy for $5.6B
Warren Buffett has found another elephant. Berkshire Hathaway's MidAmerican Energy utility said Wednesday that it will buy Nevada electric and natural ...
Stocks fall; Dow average pulls back from a record
Wall Street's passion for high-dividend stocks is fading. The stock market closed lower Wednesday, led by the same industry groups that had the ...
US banks report record earnings of $40.3B for Q1
U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad ...
Buffett: Stocks still reasonable but bonds awful
Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for ...
Berkshire Hathaway's earnings jump 51 percent
Berkshire Hathaway's first-quarter profit jumped 51 percent as its insurance companies performed well and the value of its investments soared.
Buffett says women key to nation's prosperity
Billionaire Warren Buffett is optimistic about America's economic future because the nation has begun to unleash the potential of women.
Stocks sink on economic worries; Dow off 138
Signs of a slowing economy dragged down the stock market Wednesday. Even the prospect of continued stimulus from the Federal Reserve didn't help.
Citigroup execs sound a cautious note
Citigroup isn't convinced the economy is back. The bank on Monday announced strong first-quarter results, but executives were more cautious than ...
Stocks end a four-day advance as energy slides
A four-day surge in the stock market came to an end on Friday as falling commodity prices brought down energy and mining companies. Signs of a slowing ...
At 2 big banks, record earnings, but lower revenue
JPMorgan Chase and Wells Fargo, bellwethers for the banking industry, reported record earnings Friday, but those numbers masked troubling declines in ...
US retail sales drop keeps markets in check
More disappointing U.S. economic figures weighed on markets Friday after a solid run that's seen the two main U.S. stock indexes strike a series of ...
Well Fargo first-quarter profit surges 22 percent
Wells Fargo, the nation's biggest mortgage lender, said its first-quarter profit surged 23 percent after it cut expenses. The bank's expenses fell ...
Weak start for stocks on Wall Street; banks slide
The stock market is heading lower in early trading after a four-day rise as bank shares weaken. Wells Fargo and JPMorgan fell after reporting revenue ...
Wells Fargo first-quarter profit surges 22 percent
Wells Fargo, the nation's biggest mortgage lender, said its first-quarter profit surged 23 percent after the bank cut expenses. Net income available ...
Asian stock markets mixed as gains cashed up
Asian stock markets were mixed Friday as investors turned cautious and took profits from recent rallies in spite of evidence pointing to an improving ...
Minutes show Fed supports stimulus through midyear
A majority of Federal Reserve policymakers want to continue extraordinary bond purchases to help boost the U.S. economy at least through the middle ...
Banks among those who received Fed minutes early
Employees at JPMorgan Chase, Goldman Sachs Group, Wells Fargo and Citigroup were among those to receive market-sensitive information from the Federal ...
Asia stocks rise on heels of new Dow record high
Asian stock markets mostly gained Wednesday on the heels of a record high on Wall Street as traders waited for the latest Federal Reserve meeting ...
Dow Jones average closes at another record high
Materials and energy companies led the stock market higher Tuesday, sending the Dow Jones industrial average to its second all-time high in a week.
Asian stocks up, Japan's Nikkei extends gains
Japan's benchmark stock index rose for a fifth straight day Tuesday, extending a rally sparked last week after the Bank of Japan announced a bold ...
Berkshire amends warrant deal with Goldman Sachs
Warren Buffett's company will likely become one of the biggest shareholders in Goldman Sachs Group Inc. later this year, and Berkshire Hathaway Inc.
Stocks rise on Wall Street aided by earnings
Strong company earnings boosted stocks on Wall Street Friday. Investors also saw a chance to add to their holdings after declines earlier in the week.
JPMorgan clamps down on fees from payday lenders
JPMorgan Chase said Wednesday that it will take steps to protect its customers from fees and other charges that payday lenders may slap on them.
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