U.S. pension funds heavily invested in China complicate Washington’s crackdown, new analysis finds
U.S. proposals to clamp down on investments in China may be being undermined by continued funding from some of America’s…
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Warren Buffett’s conglomerate Berkshire Hathaway has reduced its stake in HP to 5.2%, according to a regulatory filing released Monday night. The conglomerate previously…
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
Wells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned.…
Here’s where the jobs are for November 2023 — in one chart
The U.S. job market once again surprised to the upside in November, as strong growth in health care and a…
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued…
Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks
Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to…
Goldman Sachs is betting on the small cap rally. Here’s how.
Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the…
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance…
