Financial Services News Headlines

A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm F…
May 17, 2024 1:01 AM ET

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

The Associated Press

The Dow Jones Industrial Average finished a day above the 40,000 level for the first time as U.S. stock indexes drifted around their record heights to close their latest winning week

Read Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week
This photo released by Xinhua News Agency shows an aerial view of the construction site of the 2nd …
May 16, 2024 11:41 PM ET

China rolls out new measures to fix its property crisis, spur growth

The Associated Press

China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in April

Read China rolls out new measures to fix its property crisis, spur growth
Demonstrators wave flags on the UCLA campus, after nighttime clashes between Pro-Israel and Pro-Pal…
May 15, 2024 5:23 PM ET

University of California official says system has $32 billion in holdings targeted by protesters

The Associated Press

The University of California has $32 billion in assets targeted by students protesting the Israel-Hamas war

NYSE:BLK
Read University of California official says system has $32 billion in holdings targeted by protesters
Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview in Omaha, Neb
May 15, 2024 3:41 PM ET

Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb

The Associated Press

Warren Buffett’s Berkshire Hathaway is disclosing a new $7 billion stake in fellow insurer Chubb

Read Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb
Federal Reserve Board Chair Jerome Powell appears before the House Financial Services Committee on …
May 14, 2024 10:05 AM ET

Fed's Powell downplays potential for a rate hike despite higher price pressures

The Associated Press

Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again

Read Fed's Powell downplays potential for a rate hike despite higher price pressures

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Argentina President Javier Milei speaks during a ceremony to commemorate Holocaust and Heroism Day,…
May 13, 2024 11:39 AM ET

Argentina will get next installment of bailout as IMF praises Milei's austerity policies

The Associated Press
Read Argentina will get next installment of bailout as IMF praises Milei's austerity policies
Bill Hwang, founder of Archegos Capital Management, leaves the courthouse in New York, Wednesday, J…
May 13, 2024 8:51 AM ET

Hedge fund operators go on trial after multibillion-dollar Archegos collapse

The Associated Press
Read Hedge fund operators go on trial after multibillion-dollar Archegos collapse
In this image from video provided by the House Financial Services Committee, Keith Gill, a GameStop…
May 13, 2024 6:23 AM ET

Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021

The Associated Press
Read Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021
A woman walks in front of SoftBank store in Ginza shopping district in Tokyo, January 20, 2020
May 13, 2024 3:20 AM ET

Japan's SoftBank Group trims investment losses but remains in red for fiscal year

The Associated Press
OTCMKTS:SFTBF
Read Japan's SoftBank Group trims investment losses but remains in red for fiscal year
Jim Simons, a businessman and founder of Math for America, poses at his New York office, Wednesday,…
May 10, 2024 4:18 PM ET

James Simons, mathematician, philanthropist and hedge fund founder, has died

The Associated Press
Read James Simons, mathematician, philanthropist and hedge fund founder, has died
A beam is measured and marked at a housing site in Madison County, Miss
May 9, 2024 3:34 PM ET

Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers

The Associated Press
Read Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers
The Bank of England in London, is shown on December 15, 2022
May 9, 2024 5:03 AM ET

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

The Associated Press
Read Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
A person walks in the rain near an electronic stock board showing Japan's Nikkei 225 index at a sec…
May 9, 2024 1:37 AM ET

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record

The Associated Press
Read Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record
Beyond Meat products are seen in a refrigerated case inside a grocery store in Mount Prospect, Ill
May 8, 2024 3:07 PM ET

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales

The Associated Press
Read Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales
File - A worker counts money at a grocery store in Buenos Aires, Argentina, November 21, 2023
May 8, 2024 12:36 PM ET

With inflation soaring, Argentina will start printing 10,000 peso notes

The Associated Press
Read With inflation soaring, Argentina will start printing 10,000 peso notes
A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington
May 8, 2024 12:14 PM ET

The $230 billion donor-advised fund industry gets an IRS hearing

The Associated Press
NASDAQ:NFLX
Read The $230 billion donor-advised fund industry gets an IRS hearing
The Bank of England in London, is shown on December 15, 2022
May 8, 2024 10:59 AM ET

Bank of England expected to wait for more evidence that inflation is under control before rate cut

The Associated Press
OTCMKTS:IVTJF
Read Bank of England expected to wait for more evidence that inflation is under control before rate cut
A woman walks in front of a crater caused by a Russian missile attack in Zaporizhzhia, Ukraine, Wed…
May 8, 2024 9:31 AM ET

EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets

The Associated Press
Read EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets
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May 7, 2024 2:29 PM ET

How major US stock indexes fared Tuesday, 5/7/2024

The Associated Press
NYSE:DIS
Read How major US stock indexes fared Tuesday, 5/7/2024
A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm i…
May 5, 2024 10:56 PM ET

Stock market today: Asian shares mostly higher, though China benchmarks falter

The Associated Press
Read Stock market today: Asian shares mostly higher, though China benchmarks falter
Berkshire Hathaway Vice Chairman Greg Abel poses for pictures with shareholders while touring the b…
May 5, 2024 3:50 PM ET

Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions

The Associated Press
NYSE:BRK.A
Read Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions
Michelle King of San Francisco does yoga in the See's Candies booth before the arrival of sharehold…
May 4, 2024 12:43 PM ET

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

The Associated Press
Read Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
Berkshire Hathaway Vice Chairman Greg Abel checks out the flight simulators offered by one of Berks…
May 3, 2024 10:03 PM ET

Warren Buffett says AI may be better for scammers than society. And he's seen how

The Associated Press
Read Warren Buffett says AI may be better for scammers than society. And he's seen how
A sign highlighting the financing interest rate is displayed near the price sticker on an unsold 20…
May 2, 2024 2:35 PM ET

The Fed indicated rates will remain higher for longer. What does that mean for you?

The Associated Press
NYSE:SCHW
Read The Fed indicated rates will remain higher for longer. What does that mean for you?
People stand outside the Czech central bank in Prague, Czech Republic, on November 2, 2023
May 2, 2024 6:57 AM ET

Czech central bank cuts a key interest rate again with inflation down and the economy on the mend

The Associated Press
Read Czech central bank cuts a key interest rate again with inflation down and the economy on the mend
Oladapo Adekunle, an engineer with Rensource Energy, installs solar panels on a roof of a house in …
May 1, 2024 9:05 PM ET

More money is going to African climate startups, but a huge funding gap remains

The Associated Press
Read More money is going to African climate startups, but a huge funding gap remains
A currency trader passes by the screen showing the Korea Composite Stock Price Index…
April 28, 2024 9:00 PM ET

Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting

The Associated Press
Read Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting
The Federal Deposit Insurance Corporation…
April 26, 2024 5:51 PM ET

Regulators close Philadelphia-based Republic First Bank, first US bank failure this year

The Associated Press
Read Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Charles Schwab stock price
April 23, 2024 8:15 AM ET

Charles Schwab Fortifies its Uptrend on EPS Beat

Jea Yu
NYSE:SCHWNYSE:BACNYSE:MS
Read Charles Schwab Fortifies its Uptrend on EPS Beat

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