Breaking News: Investing

Warren Buffett calls the late Charlie Munger ‘part older brother, part loving father’ in heartfelt tribute

Warren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect…

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with…

Here’s why Capital One is buying Discover in the biggest proposed merger of 2024

Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall…

Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm

Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to…

Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal

Wells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its 2016 fake accounts…

Nvidia rally is fueling FOMO in the overall market, Evercore’s Julian Emanuel warns

Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds…

Oil stocks share a bullish similarity with semis, but ‘no one cares,’ VanEck CEO says

Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO…

Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year

The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators…

Societe Generale posts sharp profit drop as net banking income slides

Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income,…