Supreme Court gives New Jersey, shipping industry and unions a win in New York ports case
The Supreme Court ruled Tuesday that New Jersey can unilaterally withdraw from the longstanding Waterfront Commission Compact it has with…
Bank of America posts first-quarter results that top expectations on higher rates
Bank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the back of higher interest rates.…
Fox-Dominion defamation trial to start Tuesday after delay, judge says
WILMINGTON, Del. — Dominion Voting Systems’ $1.6 billion civil defamation lawsuit against Fox News will head to trial Tuesday after…
Larry Fink doesn’t see a big recession this year, but expects inflation to stay higher for longer
Larry Fink, chairman and CEO of BlackRock, believes the U.S. could skirt a major economic downturn this year, but inflation…
Wells Fargo’s first-quarter profit and revenue top the Street
Wells Fargo reported growing profits Friday as the bank benefited from higher interest rates, despite building up loan loss reserves.…
Warren Buffett says he doesn’t understand A.I. but he asked ChatGPT to write a song in Spanish
Legendary value investor Warren Buffett said he has no expertise in artificial intelligence whatsoever, but thanks to Bill Gates, he…
Warren Buffett says we’re not through with bank failures
Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be…
Western Alliance shares cut losses after the bank says deposit outflows are stabilizing
Shares of Western Alliance Bancorp cut steep losses Wednesday after the regional bank gave a new update showing deposit outflows…
Disney CEO Bob Iger rips Ron DeSantis over ‘anti-Florida’ retaliation
Bob Iger on Monday called Florida Gov. Ron DeSantis’ actions against The Walt Disney Co. retaliatory, “anti-business” and “anti-Florida.” The…
Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows
Wall Street investors believe the stock market is headed for losses after a positive first quarter, seeing cash as the best…
