WASHINGTON — The Federal Reserve sounded a note of concern Wednesday about how global pressures could affect the U.S. economy, while keeping a key interest rate unchanged.
Date: 01/28/2016 | Business Wire
NEW YORK — Tumult in China triggered the worst opening week for U.S. stocks in history, and this week investors could get plenty more to worry about.Profits are expected to drop at U.S. companies.Again.
Date: 01/11/2016 | Nation & World
U.S. stocks closed lower on Thursday, capping the worst year for the market since 2008.The Standard & Poor's 500 index ended essentially flat for the year after the day's modest losses nudged it into the red for 2015. Even factoring in dividends, the index eked out a far...
Date: 12/31/2015 | Business Wire
NEW YORK — In a flat year overall for stocks, there was still plenty of excitement to be enjoyed — or endured — by 2015's biggest winners and losers.It was a year to make old guard companies shudder.New media companies like Netflix, which rose...
Date: 12/24/2015 | Business Wire
Louis Brandeis, the father of market regulation in the U.S., famously called sunlight “the best of disinfectants.” The Securities and Exchange Commission announced Wednesday that it would apply his dictum to dark pools, the electronic alternative trading systems where the size and price of orders...
Date: 11/20/2015 | Business columnists
TOKYO — Asian stocks fell, opening the global trading day Monday after terrorist attacks in Paris on Friday last week sent worries across the world about their possible economic effects. Japan’s benchmark Nikkei 225 cascaded downward 0.8 percent to 19,443.68 in morning trading. Australia’s...
Date: 11/15/2015 | Nation & World
The U.S. economy performed better in the second quarter than earlier estimated, growing at a strong 3.9 percent annual rate, the Commerce Department said Friday.
Date: 09/25/2015 | Business Wire
WASHINGTON — Rising home values drove a modest increase in Americans' household wealth to a new high of $85.7 trillion in the April-June quarter.The Federal Reserve said Friday that Americans' stock portfolios climbed $61 billion in value, while housing wealth...
Date: 09/19/2015 | Business Wire
Iron Man. Wonder Woman. Millennial Super Saver.He or she is an ordinary human, 18 to 34, who saves at least 15 percent of his or her salary each year in a 401(k) retirement savings plan. The mission: Save enough to retire comfortably. Or at least retire.
Date: 09/11/2015 | Business Wire
OMAHA, Neb. — Investor Warren Buffett has been adding to his company’s sizable stake in IBM during recent market turmoil, and he said Berkshire Hathaway’s $32 billion Precision Castparts deal hasn’t left him short on cash for other investments.
Date: 09/08/2015 | Business Wire
WASHINGTON — U.S. banks' earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the financial crisis.The data issued Wednesday by the...
Date: 09/03/2015 | Business Wire
WASHINGTON — U.S. consumers increased their spending moderately in July, as wages and salaries made their biggest jump in eight months.
Date: 08/29/2015 | Business Wire
For all its success as the fastest-growing big state, luring the most business with a paucity of taxes and regulation, Texas is an inferior investment.
Date: 08/27/2015 | Business Wire
Rich people are raising the stakes.The wealthy are now keeping more of their money in stocks than any other asset class, according to a new report out Wednesday that offers a glimpse into the investing habits and concerns of the ultra-rich.
Date: 06/19/2015 | Business Wire
OMAHA, Neb.— Billionaire Warren Buffett will again try to sell the world’s most expensive lunch this week to raise money for a San Francisco charity that helps the poor and homeless.
Date: 05/31/2015 | Nation & World
DALLAS — The CEO of American Airlines received compensation valued at $12.3 million last year and will stop drawing a salary and instead be paid entirely in company stock.
Date: 04/23/2015 | Business Wire
OMAHA, Neb. — Investor Warren Buffett said the economy continues to grow steadily, but too many people continue to miss out on the American dream.
Date: 04/03/2015 | Business Wire
OMAHA, Neb. — Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts.
Date: 02/28/2015 | Business Wire
If you’ve noticed the steep upward trajectory of the stock market over the past few years, looked around and wondered why cash doesn’t appear to be raining down upon your friends and neighbors, you’d be justified in wondering: What’s going on here? If corporate America is doing so well, shouldn’t...
Date: 02/26/2015 | Business Wire