markets

Growth, value stocks could see boost from Russell rebalancing

A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks…

Warren Buffett gives away another $5.3 billion, says his children will manage his estate

Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to…

Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says

In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…

Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected

An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate…

DJT shares close down nearly 11% after Biden stumble in Trump presidential debate

The stock price of Trump Media closed down nearly 11% Friday afternoon, a day after majority shareholder Donald Trump saw…

Apple’s Vision Pro starts deliveries at a higher price in China than in the U.S.

HANGZHOU, China — Apple‘s mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than…

Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy

HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of…

There’s a big Fed inflation reading coming Friday. Here’s what to expect

There could be some pretty good inflation news on the way from the Commerce Department when it releases a key…