Breaking News: Investing

Here’s where the jobs are for August 2023 — in one chart

The August jobs report was another sign that the U.S. labor market is cooling off, though some of the sectors…

Sixth Street — which manages more than $70 billion — is betting big on sports teams and live events

(Click here to subscribe to the Delivering Alpha newsletter.) “It’s very difficult to buy a sports team and lose money,” Carlyle Co-Founder…

The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says

The drought in the IPO market could be near an end, according to a big investor overseeing more than $70…

A ‘historic’ result but still a ‘construction site’: Analysts react to blowout UBS earnings

UBS shares rallied to 15-year highs on the back of what analysts branded a “historic” earnings report, though Deutsche Bank…

Warren Buffett, who turns 93, is at the top of his game as he pushes Berkshire Hathaway to new heights

Warren Buffett took control of Berkshire Hathaway in 1965, and nearly six decades later as the “Oracle of Omaha” turned…

U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly…

Regional banks face another hit as regulators force them to raise debt levels

U.S. regulators on Tuesday unveiled plans to force regional banks to issue debt and bolster their so-called living wills, steps…

Commerce secretary says US firms complain China is ‘uninvestable’

U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become “uninvestable,” pointing to fines,…

Goldman Sachs unloads another business acquired under CEO David Solomon

Goldman Sachs said Monday that it agreed to sell its personal financial management unit to a competitor named Creative Planning.…

European stocks close higher as investors look ahead to fresh economic data

European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…