Apple shares drop nearly 5% after Warren Buffett’s Berkshire Hathaway slashes stake by half
Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half, causing…
‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks
Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head…
ETF inflows set record high in July, State Street Global Advisors finds
It’s a July for the record books. State Street Global Advisors finds inflows into exchange-traded funds hit $127 billion. Not…
Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
Berkshire Hathaway‘s cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks in stock…
Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of…
Here’s where the jobs are for July — in one chart
Hiring in the U.S. slowed significantly last month, with information and financial sectors registering job losses. The information services sector…
Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank
Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs…
Buffett’s Berkshire sells $3.8 billion worth of Bank of America in 12-day selling spree
Warren Buffett is not done selling Bank of America. Berkshire Hathaway shed a total of 19.2 million BofA shares on…
This AI-powered financial advisor has quickly gained $20 billion in assets
An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive…
Warren Buffett’s Berkshire Hathaway sells Bank of America for a ninth straight day
Berkshire Hathaway’s selling streak in its big Bank of America stake has extended to nine straight days, suggesting that Warren…
