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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…
Finance

Citi sees a big year for stocks in 2024 with S&P 500 finishing at 5,100

Finance

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.…
Economy

Unemployment among Asian workers and Black men rises in November while the overall rate declines

The labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the U.S.…
Economy

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…
Finance

These energy stocks are getting close to a feared ‘death cross’ as crude oil tumbles

Finance

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…
Finance

Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news

Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of…
Finance

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…
Finance

Big bank executives will assure lawmakers the industry’s crisis is over, KBW CEO Thomas Michaud predicts