Wall Street

Berkshire cuts Apple investment by about 13%, Buffett hints that it’s for tax reasons

OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of…

Berkshire Hathaway operating earnings soar 39% as Buffett’s cash hoard swells to record $188 billion

Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled…

Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’

OMAHA, Neb. — Warren Buffett’s annual shopping event, the pregame to Berkshire Hathaway‘s annual meeting, is wowing shareholders flocking here…

Talent war between family offices and Wall Street drives up salaries

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…

First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett

When Warren Buffett kicks off Berkshire Hathaway‘s annual shareholder meeting on Saturday, the absence of Charlie Munger will be on…

NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’

New York Community Bank on Wednesday posted a quarterly loss of $335 million on a rising tide of soured commercial…

New Calamos ETF promises ‘100% downside protection.’ Here’s how it works

A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday.  The Calamos S&P…

This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows

The volatility in the bond market has had equity investors on their toes for months, but at what point will…