Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer
Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer
2023-06-30 00:25
Average long-term US mortgage rate rises to 6.71% in first increase after three straight drops
The average long-term U.S. mortgage rate rose this week, snapping a three-week pullback after reaching a high for the year in early June
2023-06-30 00:19
British royals' public spending has gone up 5% in a year of historic change
Royal accounts show that a change in monarchs, double-digit inflation and ongoing costs of renovating Buckingham Palace contributed to a 5% increase in publicly funded spending by Britain’s royals
2023-06-29 23:58
Lebanon economic crisis worsened by vested interests, IMF says
By Maya Gebeily BEIRUT (Reuters) -Lebanon's financial crisis has been aggravated by vested interests resisting crucial reforms, the International Monetary
2023-06-29 23:57
Virgin Galactic Reaches Space in Long-Overdue Commercial Debut
Virgin Galactic Holdings Inc. sent paying customers to the edge of space for the first time, a milestone
2023-06-29 23:55
Health clinic in Montana Superfund town faces penalties for false asbestos claims
A health clinic in a Montana town plagued by deadly asbestos contamination faces millions of dollars in penalties after a jury found it submitted 337 false asbestos claims to the U.S. government
2023-06-29 23:48
Citadel Securities Is Muscling Its Way Into Credit Trading
Ken Griffin’s market-making powerhouse is challenging Wall Street banks on their own turf as it enters the multi-trillion-dollar
2023-06-29 23:29
Read the Supreme Court’s Decision on Affirmative Action
The US Supreme Court sharply limited the use of race as a factor in university admissions. The decision
2023-06-29 23:28
Prosecutors charge three investors with insider trading in Trump SPAC deal
Federal prosecutors arrested three investors on Thursday on insider trading charges related to a deal to take former President Donald Trump's media business public.
2023-06-29 23:27
3 charged in insider trading case related to taking Trump media firm public, accused of making $22M
Three Florida men have been charged with making more than $22 million illegally by insider trading ahead of the public announcement that an acquisition firm was going to take a media company owned by former President Donald Trump public
2023-06-29 23:22
Brainard Sees Potential for Near-2% US Inflation by November 2024
President Joe Biden’s chief economic adviser said that inflation numbers should improve through the second half of the
2023-06-29 22:57
Italy may have dodged a 'pasta strike' but food inflation is still high. Here's why
Italians were supposed to be on a "pasta strike" this week but it was called off after prices for the national staple started to fall. Zoom out, though, and global food prices are still far higher than a year ago, despite precipitous drops in the cost of key raw materials.
2023-06-29 22:51