The New York Stock Exchange is launching an exchange in Texas

The New York Stock Exchange is launching an exchange in Texas


Key Points
  • NYSE Chicago, previously the Chicago Stock Exchange, will soon become NYSE Texas.
  • Last month, TXSE Group announced that it had filed for registration of the Texas Stock Exchange with the Securities and Exchange Commission.
  • Texas has also emerged as a competitor to Delaware as the legal home of major companies.



Source

Warren Buffett says Iran bomb would make nuclear disaster harder to avoid
Finance

Warren Buffett says Iran bomb would make nuclear disaster harder to avoid

Key Points Berkshire Hathaway chairman Warren Buffett said that the rising number of nuclear-armed states has altered the global risk landscape. “I would say that one way or another… in the next 100 years — maybe it’s 200 years, who knows — something will happen to cause it to be used,” he said. Source

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While low-income consumers struggle with rising gas prices, higher earners grow nervous as markets fall
Finance

While low-income consumers struggle with rising gas prices, higher earners grow nervous as markets fall

Higher oil prices due to the U.S.-Iran war are straining an already strapped lower-income consumer . But as equities fall, there’s a warning sign that higher earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card spending revealed that from the start of the war through […]

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Warren Buffett says he sold Apple too soon and would buy more of it, though not in this market
Finance

Warren Buffett says he sold Apple too soon and would buy more of it, though not in this market

Key Points Warren Buffett said he sold Apple too soon and would buy more of it, though not in the current market. “It’s not impossible that Apple would get to a price, we would buy a lot of it,” Buffett told CNBC’s Becky Quick. “But not in this market.” The billionaire investor also announced he’s […]

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