A U.S. recession would be ‘good news’ for markets, strategist says
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…
Carl Icahn’s company stock falls 15% after prosecutors seek financial information
Icahn Enterprises, Carl Icahn’s conglomerate, saw its stock drop again Wednesday after a disclosure showed federal investigators are seeking information…
UBS announces Credit Suisse CEO Koerner to join board after emergency rescue
UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity…
A.I. trade is leaving investors vulnerable to painful losses: Evercore
The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…
The most important thing Warren Buffett said Saturday, and it isn’t good news for the economy
OMAHA, Neb. — Warren Buffett, whose conglomerate is viewed as a barometer of U.S. economic health because of the range…
Berkshire Hathaway shares rise as investors cheer earnings beat and Geico’s quick turnaround
OMAHA, Neb. — Berkshire Hathaway shares rose Monday as Warren Buffett’s conglomerate wooed investors with a strong earnings report and…
Regional bank rebound stalls on Monday as PacWest gives back much of its early trading gains
PacWest Bancorp gave back most of an early rally on Monday as the rebound for regional bank stocks appeared to…
Hollywood’s Reynolds and McElhenney found success at Welsh soccer club Wrexham. But there’s a warning for would-be copycats
LONDON — When Ryan Reynolds and Rob McElhenney bought Wrexham AFC, a small Welsh soccer club languishing in the fifth…
Warren Buffett says American banks could face more turbulence ahead, but deposits are safe
Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety…
Warren Buffett says Berkshire managers were surprised by economic slowdown, earnings to decline
OMAHA, Neb. — Warren Buffett struck a pessimistic tone about Berkshire Hathaway‘s myriad of businesses on Saturday, saying he expects…
