Sunday, September 8, 2024

Tag: Breaking News: Investing

The ‘rent-first’ lifestyle is catching on. From cars to clothes and even caskets, here’s when it makes sense to buy vs. rent

Owning isn't always what it's cracked up to be.For many reasons — including affordability — more Americans are...

Warren Buffett’s Berkshire Hathaway sells more Bank of America, has now cut stake by nearly 15%

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC(This article...

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal

Saks Fifth Avenue store at the Waterside Shops. John Greim | Lightrocket | Getty ImagesSaks Fifth Avenue parent HBC...

Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy

Sarinyapinngam | Istock | Getty ImagesA dispute between a fintech startup and its banking partners has ensnared potentially...

CFPB says buy now, pay later firms must comply with U.S. credit card laws

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom...

Morgan Stanley tops expectations on wealth management, trading and investment banking results

Morgan Stanley on Tuesday posted results that topped analysts' estimates for profit and revenue as wealth management, trading...

Goldman Sachs reports earnings before market open — here’s what the Street expects

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting...

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment...

JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC's "Squawk Box" at the World Economic Forum...

Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight

Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort's...

The wealth of the 1% just hit a record $44 trillion

Martin Puddy | Digitalvision | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter...

Banks are in limbo without a crucial lifeline. Here’s where cracks may appear next

The forces that consumed three regional lenders in March 2023 have left hundreds of smaller banks wounded, as...