Finance
Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit […]
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‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Key Points The July 2025 jobs report suggests a sharper slowdown in U.S. job growth than previously thought, economists said. President Donald Trump’s tariff policy is among the economic headwinds contributing to slower job creation and hiring, economists said. Immigration policy and relatively high interest rates are other factors, they said. Job seekers face a […]
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BlackRock’s Rick Rieder says a half-point rate cut by the Fed in September is possible
Rick Rieder, BlackRock’s chief investment officer for global fixed income, said July’s dismal jobs report opened the door for a jumbo rate cut from the Federal Reserve next month. “We would argue that the evidence the Fed needed in order to justify a cut in September has arrived in today’s report,” Rieder said in a […]
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Stocks making the biggest moves midday: Apple, Amazon, Monolithic Power, Reddit and more
Check out the stocks making the biggest moves midday. Kimberly-Clark — The consumer products giant gained about 4% on stronger-than-expected full-year guidance. Kimberly-Clark expects earnings per share to grow in the low-to-mid single digit percentage rate, while analysts polled by FactSet anticipated a contraction of around 2.6%. Marvell Technology — The chipmaker fell about 6%, […]
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Stocks making the biggest moves premarket: Amazon, Coinbase, Reddit, Apple and more
Check out the companies making headlines before the bell: Apple — The tech giant’s shares rose more than 1% premarket after it said iPhone sales grew 13% year over year and total revenue grew 10%, marking Apple’s fastest quarterly revenue growth since December 2021. CEO Tim Cook said Apple would “significantly grow” its artificial intelligence […]
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Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their […]
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Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund’s board
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Milken Institute Asia Summit in Singapore, on Wednesday, Sept. 18, 2024. The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at […]
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Emergency funds are a ‘security blanket’ for 401(k) savings, Vanguard researcher says. Here’s why
Key Points Workers with emergency funds of at least $2,000 are less likely to raid their 401(k) accounts, according to Vanguard research. 401(k) “leakage,” such as cashing out an account upon job separation, hurts households’ retirement security, experts said. Saving even $10 to $25 per paycheck into an emergency fund can make a difference. Source
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TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Key Points “Competition in AI video generation models is at an earlier stage, and some Chinese companies have emerged as early leaders in this space,” said Wei Xiong, China internet analyst at UBS Securities. “Whether it’s user scale or commercial revenue, overseas accounts for the majority,” Zeng Yushen, head of operations at Kling AI, a […]
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