Charlie Munger says the U.S. commercial property market is in trouble: FT report
Charlie Munger believes there is trouble ahead for the U.S. commercial property market. The 99-year-old investor told the Financial Times…
Big banks including JPMorgan Chase, Bank of America asked for final bids on First Republic
U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon, in a…
Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it
As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to…
31% of new crypto buyers influenced by friends. Here’s why that can be ‘a horrible idea,’ advisor says
When it comes to cryptocurrency like bitcoin, new investors are often motivated by friends to take the plunge, according to…
Actively managed funds come with unique risks and rewards. Here’s how investors can pick a winner
As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if…
Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more
Check out the companies making headlines in midday trading. First Republic — Shares of the regional bank fell by 43.3%…
Fed report on SVB collapse faults bank’s managers — and central bank regulators
Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose…
Stocks making the biggest moves premarket: Snap, Intel, First Solar, Exxon Mobil & more
Check out the companies making headlines in premarket trading. Capital One — Shares were down 3.3% after disappointing quarterly earnings.…
China’s A.I. chatbots haven’t yet reached the public like ChatGPT did
BEIJING — More than two months since the ChatGPT craze hit China, a similar artificial intelligence-based product has yet to…
Swiss central bank promises regulation review after collapse of Credit Suisse
The Swiss National Bank on Friday pledged to review banking regulations during its annual general meeting in Bern, following recent…
