Finance

American households have seen their purchasing power increase

Americans have seen their buying power rise for a year amid falling inflation and a strong job market, which might…

Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%

Warren Buffett’s Berkshire Hathaway has scooped up more shares of Occidental Petroleum over each of the past nine trading sessions, driving his gigantic…

Google’s Android apps are coming in 3D via Xreal as competition with Apple’s Vision Pro heats up

BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new…

Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’

Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry’s bidding by considering changes…

GameStop closes more than 12% lower after annual meeting fails to offer details on firm’s strategy

GameStop shares slid on Monday after the company’s highly anticipated annual meeting failed to offer any concrete updates on the…

Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%

Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in…