Finance

In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the third quarter of last year.

Chinese new energy vehicle giant shows off the latest version of its Han electric sedan at the Beijing auto show on April 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can’t afford to take it easy in the country’s electric car boom if they want to survive.

In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT The logo of the cryptocurrency Bitcoin (BTC) can be seen on a coin standing in front of a Bitcoin chart. Silas Stein | Picture Alliance | Getty Images Bitcoin on Wednesday plunged sharply to its lowest level in over two months amid broader risk-off sentiment

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on Wednesday posted a quarterly loss of $335 million on a rising tide of soured commercial loans and higher expenses, but

WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown more difficult lately. In a widely expected move, the U.S. central bank kept its benchmark short-term borrowing rate in a targeted range between 5.25%-5.50%. The federal funds rate has

In this article KRE Follow your favorite stocksCREATE FREE ACCOUNT Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or at least, you know, dip below their minimum capital requirements,” Christopher Wolfe, managing director and head of North American banks at Fitch Ratings, told CNBC.

An Amazon worker walks past his Amazon Prime delivery truck in Washington, DC, on February 19, 2022. Stefani Reynolds | Afp | Getty Images Check out the companies making headlines in extended trading. Amazon — Shares gained nearly 2% after the company beat on both top and bottom lines. Amazon posted earnings of 98 cents

In this article .VIX Follow your favorite stocksCREATE FREE ACCOUNT A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday.  The Calamos S&P 500 Structured Alt Protection ETF (CPSM) promises to deliver investors “100% downside protection” against the index’s losses over a one-year outcome period, according the firm’s

The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024.  Jonathan Raa | Nurphoto | Getty Images HSBC beat market expectations in its first quarter earnings report on Tuesday, and announced the surprise departure of Group Chief

Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, on June 16, 2023. Gonzalo Fuentes | Reuters BEIJING — Local Chinese authorities have removed restrictions on Tesla cars