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…
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in…
‘The Psychology of Money’ author Morgan Housel gives advice to investors afraid of market downturns
The author behind the best-selling book “The Psychology of Money” is trying to relieve investor anxiety over market downturns. “Realizing…
Case for gold fever: NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year…
Charlie Munger’s acumen, wisdom and irreverence: Investors mourn the loss of one-of-a-kind legend
As Charlie Munger’s admirers around the globe mourn the loss of one of the most influential investors ever, a deep…
Zero-day commodity options have now entered the ETF space
Investors can now trade commodities and a Treasury with a popular short-term options strategy. The Nasdaq recently launched five zero-day…
Charlie Munger said Berkshire would be worth double if he and Buffett used leverage
The late investment icon Charlie Munger said Berkshire Hathaway, the conglomerate he and Warren Buffett built over the last five…
Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash
Charlie Munger didn’t manage to help pull off one final deal with his lifelong partner Warren Buffett, but he remained…
Cathie Wood’s Innovation ETF is up 31% in November, notching its best month ever
Cathie Wood notched her best month ever as her holdings of innovative technology stocks roared back from steep losses amid…
Stock trading platform Robinhood to launch in UK after two failed attempts
Online investments app Robinhood said Thursday that it’s set to launch its platform in the U.K. in early 2024, marking…
