Breaking News: Business

Hawaii wildfires: Biden vows immediate aid, deploys military to assist victims

President Joe Biden on Thursday vowed immediate assistance for Maui residents who have lost loved ones and their homes in…

Tucker Carlson could see Rebekah Mercer, Peter Thiel invest in his media company

Former Fox News host Tucker Carlson could see two of the wealthiest GOP business megadonors, Rebekah Mercer and Peter Thiel,…

Berkshire shares hit all-time high as investors cheer strong earnings, Buffett’s near-record cash pile

Berkshire Hathaway shares rallied to record highs Monday following a strong quarterly report that showed a rebound in insurance operations as…

Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion

Berkshire Hathaway on Saturday reported a solid increase in second-quarter operating earnings, while the cash hoard at Warren Buffett’s conglomerate swelled…

The story of inflation, as told through your child’s backpack

Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread…

Carl Icahn’s company stock drops 23% after IEP slashes quarterly dividend in half

Shares of Carl Icahn’s conglomerate Icahn Enterprises experienced a sharp sell-off Friday after the firm slashed its quarterly dividend in…

JPMorgan CEO Jamie Dimon calls Fitch Ratings U.S. downgrade ‘ridiculous’ but says it ‘doesn’t really matter’

The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told…

Teamsters blast bankruptcy-bound Yellow, cite $700 million Covid loan firm got from Trump White House

Bankruptcy-bound trucking firm Yellow received a whopping $700 million in Covid pandemic relief loans three years ago after Trump administration…

Donald Trump’s defamation lawsuit against CNN over ‘the Big Lie’ dismissed in Florida

A federal judge has dismissed a lawsuit Donald Trump filed against CNN in which the former U.S. president claimed that references in…

The fight over a bill targeting credit card fees pits payment companies against retailers

A bipartisan push in Washington to clamp down on credit card fees is pitting retailers against network payment processors —…