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Warren Buffett's cash fortress Berkshire closes gap with S&P 500 as AI worries depress Wall Street
41 minutes agoBerkshire Hathaway's B shares and A shares moved 4.5% higher this week after a strong earnings report last weekend.
Consumers on edge as ACA 'subsidy cliff' looms: 'Quite frankly, it's terrifying'
44 minutes agoHouseholds are bracing for a sharp increase in their health insurance premiums if Congress doesn't extend enhanced subsidies for ACA marketplace plans.
Underwater cables are a vital piece of the AI buildout and internet — investment is booming
74 minutes agoOver 95% of international data and voice traffic travels through subsea telecom cables. Tech giants Meta, Google, Amazon and Microsoft are investing for AI.
Millionaires value their personal trainers and therapists more than their wealth advisors
74 minutes agoThe trend highlight the growing importance of so-called "soft services" for the wealthy.
Carl Icahn returns to a familiar sector — auto repair — as he builds a 15% stake in Monro
87 minutes agoIcahn has a long history in the automotive parts and services industry, so this investment could play out in several different ways.
Have tricky money talks with your partner, 'Money Together' authors say: 'Your dreams need real roadmaps'
2 hours agoIn their new book, "Money Together," Heather and Douglas Boneparth share advice to couples on how to talk about and manage the fraught topic of finances.
Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin
3 hours agoThe cuts were ordered as air traffic controllers have missed their paychecks due to the government shutdown, now the longest in U.S. history.
Supreme Court pauses order that Trump administration must pay full SNAP benefits
3 hours agoThe Trump administration tried not to pay for any food stamps in November because of the government shutdown. It now proposes partial SNAP benefits.
Google's decade-long bet on custom chips is turning into company's secret weapon in AI race
9 hours agoGoogle's cloud business is a primary engine of growth, and the company's custom-built chips called Tensor Processing Units are helping drive it.
Food banks are in 'disaster response mode' due to shutdown and SNAP cuts, leaders say: 'The damage gets worse and worse' every day
13 hours agoFood bank leaders across the U.S. are responding to 'a great increase in need' due to SNAP disruption.
Low-cost ETFs in 401(k) retirement plan? Fund giant State Street says you may soon see something like it
16 hours agoState Street SPDR ETFs are coming to 401(k) market in new low-cost, economies of scale challenge to the mutual fund status quo that dominates retirement plans.
Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
17 hours agoPalantir CEO Alex Karp twice confronted short sellers this week as the company's shares suffered a double-digit drop.
Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area airport
17 hours agoArcher Aviation's stock tumbled after a share sale overshadowed a narrower-than-expected third-quarter loss.
Affirm CEO says furloughed federal employees are starting to lose interest in shopping
17 hours agoAffirm CEO Max Levchin said as the government shutdown drags on, there are signs of shifting shopping habits from federal workers.
Block sinks 7% after weak third quarter results miss Wall Street estimates
17 hours agoBlock's third-quarter revenue missed Wall Street estimates and showed slowing profit growth from Square.
Here's our price target and rating on Qnity, our newest stock to ride the AI chip boom
17 hours agoThe former DuPont electronics business offers investors plenty to like.
Fed's Miran says stablecoin surge could help push interest rates lower
17 hours agoThe central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.
Millions more Americans could access obesity drugs after Trump's deals with Eli Lilly, Novo Nordisk
18 hours agoMedicare will start covering obesity drugs for the first time, which could open access to millions of seniors and spur more private insurers to follow suit.
Trump pardons New York baseball star Darryl Strawberry for tax evasion conviction
18 hours agoPresident Donald Trump has pardoned multiple high-profile figures since returning to the White House, including Binance founder Changpeng Zhao.
Big Tech's AI spending spree: Smart long-term bet or short-term risk?
20 hours agoCNBC's Paulina Likos and Zev Fima break down big tech's massive artificial intelligence spending spree
Worried about layoffs? Economists say the job market is cooling but 'not falling off a cliff'
20 hours agoJob experts say they're not in panic mode just yet. Here are the numbers to focus on.
Trump CFPB takes aim at 15 states that ban medical debt on credit reports—it's 'salt in the wound,' says consumer advocate
21 hours agoRecent guidance from the CFPB calls on courts to overturn laws in 15 states which prohibit including medical debt on consumer credit reports.
As FAA order triggers flight cancellations and delays, what to know about credit card travel insurance
21 hours agoThe shutdown of the U.S. federal government is causing flight delays and cancellations. What to know about travel credit card insurance.
How Trump’s tariffs are crushing small businesses while big retailers weather the costs
22 hours agoWhile large retailers like Walmart and Amazon are mostly brushing off Trump's tariffs, small businesses are being crushed under the weight of them.
Ford reportedly considers ending production of all-electric F-150 Lightning
22 hours agoFord is considering ending production of its all-electric F-150 Lightning pickup truck amid mounting losses and challenging market conditions for EVs.
MP Materials CEO warns investors to approach suddenly hot rare earths industry with caution
24 hours agoMP Materials CEO James Litinsky said he doesn't want investors "to get burned," cautioning them about the industry's difficult economics.
AI valuation fears grip global investors as tech bubble concerns grow
yesterdayThe recent slide among AI stocks has once again put fears of a tech bubble at the forefront of investors' minds.
Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favor
yesterdayTesla shareholders approved CEO Elon Musk's historic pay package at the company's annual shareholders meeting in Austin, Texas.
Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup
yesterdayPeloton beat Wall Street's expectations on the top and bottom lines and issued strong holiday guidance.
Sam Altman says OpenAI will top $20 billion in annualized revenue this year, hundreds of billions by 2030
yesterdayOpenAI has inked more than $1.4 trillion of infrastructure deals, raising questions about how it will pay for those commitments.