markets

Charlie Munger says there isn’t the slightest chance Buffett traded own account to enrich himself

Berkshire Hathaway Vice Chairman Charlie Munger pushed back against a report that alleged his partner Warren Buffett at times traded…

Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking

SINGAPORE — Morgan Stanley Chairman and CEO James Gorman said his firm will be able to cope with “any form”…

Xi says U.S. and China can only be adversaries or partners, with no middle ground

BEIJING — The U.S. and China have to choose between being adversaries or partners, Chinese President Xi Jinping told American…

U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to…

The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown

Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start…

Earth is ‘big enough’ for U.S. and China to succeed, Xi says as he meets Biden

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping met Wednesday outside of San Francisco in their first…