Berkshire Hathaway's CEO Greg Abel said that rising yields in Japan isn't impacting the major trading houses in the country the holding company has stakes in.
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After a disappointing July payrolls report that showed the economy lost jobs that month, traders on prediction market platforms think August will show a rebound in hiring, though potentially not as strong as economists think.
Federal Reserve Governor Michael Barr said Tuesday he would be prepared to support an interest rate hike if inflation doesn't ease.
Kevin Warsh's keynote speech at the central bank's annual symposium in Jackson Hole, Wyo. has altered investors' outlook for an interest rate hike in September after the Fed chairman said he was committed to fighting inflation.
The 9th U.S. Circuit Court of Appeals rejected prediction market platforms' requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government.
Bitcoin and crypto stocks extended their rally to start the week after the flagship cryptocurrency broke out of its trading range as investor concern over inflation and the fiscal deficit grew.
Federal Reserve officials indicated at their last meeting that they would need to raise interest rates soon unless there was more progress on bringing down inflation, minutes released Wednesday showed.
Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued shares to non-U.S. investors.
Walk the halls of any major banking conference or listen in on a quarterly earnings call, and one topic keeps coming up: With the window for mergers wide open under the Trump administration, who will take a swing?