'Buffett really was not a great stock picker': Financial researcher Larry Swedroe on how investors can emulate the billionaire investor

Larry Swedroe, who's considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.

  • 13.04.2024

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup posted first-quarter revenue that topped estimates, helped by better-than-expected results in the bank's investment banking and trading operations.

  • 12.04.2024

JPMorgan Chase shares drop after bank gives disappointing guidance on 2024 interest income

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected.

  • 12.04.2024

90% of qualifying electric-vehicle buyers opt for $7,500 'new clean vehicle' tax credit as upfront payment, Treasury says

Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.

  • 12.04.2024

Wells Fargo earnings top estimates even as lower interest income cuts into profits

Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income.

  • 12.04.2024

Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley

Gold bars can be a valuable hedge during stock market weakness, according to gold expert George Milling-Stanley.

  • 12.04.2024

What to expect from bank earnings as high interest rates pressure smaller players

JPMorgan Chase, the nation's largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

  • 11.04.2024

Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer

Halio's new role encompasses authority over the firm's more than $1.6 trillion balance sheet. She'll report to Chief Financial Officer Denis Coleman.

  • 11.04.2024

The 'supercore' inflation measure shows Fed may have a real problem on its hands

Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have a meaningful problem on its hands.

  • 11.04.2024

'Lose-lose situation': New Swiss bank laws could derail UBS' challenge to Wall Street giants

Switzerland's new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.

  • 11.04.2024

China's commercial property segment is seeing some bright spots amid a slump in the wider realty sector

China's commercial property sector is seeing pockets of demand amid an overall real estate slump.

  • 11.04.2024

Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate

The Fed released the minutes from its March meeting.

  • 10.04.2024

New York Community Bank’s online arm is paying the nation’s highest interest rate

NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a capital infusion.

  • 10.04.2024

China needs a narrative that house prices are going to rise, Nomura's Koo says

China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.

  • 10.04.2024

Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024

Ripple CEO Brad Garlinghouse said he expects the entire value of the crypto market to double this year.

  • 09.04.2024

Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers

In his letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon chose AI as the first topic among issues facing the biggest U.S. bank by assets.

  • 08.04.2024

Yellen says U.S. plans to ‘underscore’ need for China to shift policy

U.S. Treasury Secretary Janet Yellen wrapped up the fourth and final full day of her trip to China on Monday.

  • 08.04.2024

New ETF looks to profit from municipal bonds

BondBloxx aims to maximize after-tax returns with its new ETF, the IR+M Tax-Aware Short Duration ETF (TAXX).

  • 06.04.2024

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Bowman said that it's possible more hikes could be needed, rather than the cuts the market is expecting.

  • 05.04.2024

Here are some big money blind spots you need to avoid, advisors say

Here are some important aspects of personal finance you may be overlooking.

  • 05.04.2024

Free trade flaws fueled Trump's rise in 2016 — and the problems remain, top economist says

Decades of trade deficits and a strong dollar created too many "losers" in the U.S. economy who turned to Donald Trump's protectionist policies, says Nomura's Richard Koo.

  • 05.04.2024

China's Nio to expand battery swap services to gain an edge on EV infrastructure

Battery swapping takes only a few minutes and is expected to better address consumers' driving range concerns.

  • 05.04.2024

'Biggest mistake' bond investors may make ahead of Fed rate cuts

Experts advise taking advantage of opportunities in fixed income while yields are still high.

  • 05.04.2024

Here's who Treasury Secretary Janet Yellen is going to meet in China

U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.

  • 04.04.2024

KKR says China's real estate correction may only be halfway done

China's real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR.

  • 04.04.2024

Fed's Powell emphasizes need for more evidence that inflation is easing before cutting rates

Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation.

  • 04.04.2024

Watch Fed Chair Powell speak live at Stanford policy conference economic forum

Federal Reserve Chair Jerome Powell speaks Wednesday to the Stanford Business, Government and Society forum.

  • 03.04.2024

SEC Chair Gary Gensler signals that disclosure will be a key issue in the year ahead

SEC Chair Gary Gensler kicked off the annual "SEC Speaks" conference Tuesday, providing an in-depth look at the agency's priorities for the coming year.

  • 03.04.2024

Fed officials still expects rate cuts this year, but not anytime soon

The central bank official noted progress made on inflation while the economy has continued to grow.

  • 03.04.2024

Half of adults globally are stressed about their finances, and inflation is a key reason

More than half of people said they were "very or somewhat stressed" about money.

  • 03.04.2024