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Worldwide markets roiled by data-center snafu in Chicago suburb

Despite CME assuring clients the problem would soon be fixed, an overheated data center brought down vast parts of the global financial system for...

yesterday 9

Katherine Doherty

Buffett cuts Bank of America stake below 10%, letting him trade in secret

A selling spree that began in mid-July has helped Berkshire Hathaway whittling down the holding to 9.99% of the lender’s outstanding shares.

11.10.2024 2

Katherine Doherty

Warren Buffett’s BofA stock-selling spree surpasses $10 billion

Berkshire’s remaining 10.1% stake is worth about $31.4 billion.

08.10.2024 7

Katherine Doherty

Buffett’s Berkshire Hathaway trims Bank of America stake by $863 million

Berkshire now owns 10.5% of the second-largest US bank after the latest disposals.

25.09.2024 10

Katherine Doherty

Jamie Dimon is skeptical about a soft landing and says Fed rate cut won’t affect the election

“I am a little more skeptical than other people. I give it lower odds.”

21.09.2024 2

Katherine Doherty

Warren Buffett’s BofA stake is shrinking so much, it’s near a key threshold for regulators

A fresh round of disposals disclosed late Friday trimmed the conglomerate’s stake in the bank down to 11.4%.

31.08.2024 2

Katherine Doherty

Meta pulled its disinformation tracker from Facebook months before America heads to the polls, and the EU isn’t happy

CrowdTangle was used by researchers to identify and track viral falsehoods, but it was closed without a replacement in place on Wednesday.

16.08.2024 10

Katherine Doherty

The rich can’t sell their art, so they’re using it as collateral for cash loans

“There are margin calls, death, divorce and bankruptcy, so we have endless interest for lending,” says one advisor.

16.08.2024 50

Katherine Doherty

Investment banker bonuses set to soar in 2024

Corporate clients that tapped the brakes on stock and bond sales as the Federal Reserve boosted interest rates are returning to the market.

09.08.2024 1

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Katherine Doherty

Fortune

Worldwide markets roiled by data-center snafu in Chicago suburb

Katherine Doherty

Buffett cuts Bank of America stake below 10%, letting him trade in secret

Katherine Doherty

Warren Buffett’s BofA stock-selling spree surpasses $10 billion

Katherine Doherty

Buffett’s Berkshire Hathaway trims Bank of America stake by $863 million

Katherine Doherty

Jamie Dimon is skeptical about a soft landing and says Fed rate cut won’t affect the election

Katherine Doherty

Warren Buffett’s BofA stake is shrinking so much, it’s near a key threshold for regulators

Katherine Doherty

Meta pulled its disinformation tracker from Facebook months before America heads to the polls, and the EU isn’t happy

Katherine Doherty

The rich can’t sell their art, so they’re using it as collateral for cash loans

Katherine Doherty

Investment banker bonuses set to soar in 2024

Katherine Doherty