New York Federal Reserve President John Williams said Friday that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower than it otherwise would have been. “There were some special factors or practical factors that really are related to the fact that they weren’t able to collect dataRead More →
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were little changed in overnight trading Wednesday following a four-day losing streak for the S&P 500 as tech names dragged the broader market lower. Futures on the Dow Jones IndustrialRead More →
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 — those from the company’sRead More →
Meme stock mania is back somewhat, and retail traders are targeting a new group of shares. Speculation resurfaced and exploded on Wall Street this week as day traders on Reddit’s WallStreetBets forum touted “you-only-live-once” risky trades and piled into beaten-down stocks. It’s no longer GameStop or AMC that retail tradersRead More →
Traders work on the floor of the New York Stock Exchange (NYSE) on July 07, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images It’s a new day, and meme traders have found more stocks to put on the pedestal. Reddit-obsessed retail traders targeted wearableRead More →
Berkshire Hathaway ‘s underperformance in share price has continued since Warren Buffett’s exit news, now falling behind the S & P 500 in 2025. The Omaha-based conglomerate’s B shares have suffered six negative weeks in the past seven, on track for its third straight negative month. Since May 3, whenRead More →
