markets

Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO

Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top…

Berkshire Hathaway posts a 40% jump in operating earnings, cash pile swells to a record $157 billion

Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record amount of cash…

Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad

Friday’s market reaction to the jobs report comes down to a simple premise: bad news is good news, as long…

Unemployment among Hispanic workers rises at faster pace in October than overall rate

The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according…

U.S. payrolls increased by 150,000 in October, less than expected

The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat…