GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
GameStop Chairman Ryan Cohen.CNBCGameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba…
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Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more
Former U.S. Treasury Secretary Janet Yellen speaks to staff at the Financial Crimes Enforcement Network on Jan. 8, 2024 in…
Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further,…
Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show:…
The biggest self-defeating mistakes investors make in trying to beat the market
Index investing pioneer Charley Ellis says what gave rise to the success of the index fund remains true today: “It’s…
Why the way you think about Social Security and retirement income is all wrong, says index fund legend
Based on a lot of the recent dire headlines, many Americans may have come to think of Social Security as…
Here’s a potential winner from the Trump tariffs: American tourists traveling abroad
A customer at a food market in Palma, Mallorca, Spain.Andrey Rudakov/Bloomberg via Getty ImagesAs economists ring alarm bells over the…
Stock pickers are on a record run with investors. Don’t be fooled, says index fund guru
Stock picking looks easy, but the numbers prove it isn’t. S&P Global reports that after one year, 73% of active managers…
Warren Buffett’s Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. NYSEDaVita, a company that provides dialysis services,…
GameStop is considering investing in bitcoin and other cryptocurrencies, sources say
A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany.Ying Tang…
British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
Chris Ratcliffe | Bloomberg | Getty ImagesBritish bank Barclays on Thursday posted a rise in full-year pre-tax profit that came…
Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
Mark Lenhard, CEO of U.K.-based remittances platform Zepz.Lukas Schulze | Sportsfile for Web Summit via Getty ImagesLONDON — British digital…
Ken Griffin says Trump’s ‘bombastic’ trade rhetoric is a mistake that’s eroding trust in the U.S.
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City,…
Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S.,…
Consumer Financial Protection Bureau staff told to work remotely as headquarters is shuttered
Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White…
Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps
The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and small cap stocks.In the…
Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary
Coroimage | Moment | Getty ImagesMany workers value remote work to such a degree that they’d take a pay cut…
How one ETF provider is trying to help investors cut exposure to Magnificent 7 stocks
Big Tech’s historic gains could be affecting your portfolio’s makeup — especially if your goal is diversification.Astoria Portfolio Advisors CEO…
Stocks making the biggest moves after hours: Amazon, Pinterest, Expedia and more
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024.Bridget Bennett | Bloomberg | Getty…
How the U.S. has used tariffs through history — and why Trump is different, economists say
Shipping containers are seen at the Port of Montreal in Montreal, Canada, on Feb. 3, 2025. Andrej Ivanov | Afp |…
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