NEW YORK (AP) — A Harvard Business School graduate was arrested Thursday on fraud charges alleging he swindled fellow alumni of the prestigious school out of over $4 million in a Ponzi scheme, even assuring one investor they would soon…
WASHINGTON (AP) — The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. The request represents an extraordinary effort by…
Opponents of French Prime Minister François Bayrou look near certain to bring down his minority government early next month over his plans to slash the budget by nearly €44 billion. Since snap elections last summer delivered a hung parliament, Macron…
NEW YORK (AP) — Famed investor Warren Buffett is donating $6 billion worth of his company’s stock to five foundations, bringing the total he has given to them since 2006 to roughly $60 billion, based on their value when received.…
NEW YORK (AP) — Wall Street’s rally stalled on Wednesday after U.S. stocks climbed back within 2% of their all-time high. The S&P 500 fell 0.3% for its first loss in four days. The Dow Jones Industrial Average was virtually…
Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.7% early Monday. The benchmark index is…
OMAHA, Neb. (AP) — When Greg Abel becomes Berkshire Hathaway’s new CEO next year he will of course take on additional responsibilities, but with Warren Buffett remaining as chairman, the surprise change announced at the annual meeting over the weekend…
OMAHA, Neb. (AP) — Warren Buffett’s company reported just over one-third of last year’s profit Saturday a few hours before Buffett announced plans to retire as Berkshire Hathaway’s CEO at the end of the year. Berkshire Vice Chairman Greg Abel…
OMAHA, Neb. (AP) — Revered investor Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board on Sunday…
NEW YORK (AP) — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration had estimated would save consumers billions…