The job market’s soft landing ‘is in danger,’ economist says
Tom Merton | Ojo Images | Getty Images Job seekers have been sour on the job market for awhile now — and with good reason. “The soft landing in the …
Investment strategy
Berkshire’s cash pile could top $200 billion as Buffett sells stock
Warren Buffett in Omaha, Nebraska, on May 3, 2024. David A. Grogan Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic …
Coterra’s strong energy production allowed for big cash returns to shareholders
Coterra Energy missed Wall Street expectations for sales and earnings in the second quarter. However, production volumes and more importantly cash generation both came in ahead of expectations. Revenue in …
Trump promises lower interest rates, Fed chair Powell responds
Republican presidential nominee and former U.S. President Donald Trump speaks on a panel of the National Association of Black Journalists (NABJ) convention in Chicago, Illinois, U.S. July 31, 2024. Vincent …
Morgan Stanley wealth advisors can pitch bitcoin ETFs
Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, …
Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns
Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm’s backlog of projects overshadowed its better-than-expected quarterly results. Revenue in its fiscal 2025 first-quarter rose …
Apple strong quarter puts it on sure footing ahead of AI iPhone launch
Apple delivered quarterly beats after Thursday’s closing bell ahead of what’s expected to be a robust artificial intelligence iPhone upgrade cycle in the months the come. Revenue in Apple’s fiscal …
Eaton shares get dragged down in the market selloff despite a nice beat and raise
Eaton on Thursday morning delivered quarterly beats on its top and bottom lines. Segment profit margin and organic sales growth topped estimates. Management also raised its outlook for the year. …
WTI rises as Israel, Iran tensions surge
U.S. crude oil futures broke above $78 per barrel Thursday on fears that Israel and Iran are heading to a direct conflict after the assassination of a Hamas leader in …
Modi’s BJP in ‘internal battle’ over whether India needs Chinese investments
Supporters of Bharatiya Janata Party (BJP) hold party flags as they celebrate Narendra Modi’s swearing-in ceremony on June 9, 2024. Sopa Images | Lightrocket | Getty Images There is an …