Copies of the Financial Daily newspaper with a front-page report on Goldman Sachs Group Inc. are on sale at a stand in Kuala Lumpur, Malaysia on Tuesday, December 18, 2018. Nadirah Zakariya | Bloomberg | fake pictures Goldman Sachs said Friday that it resolved a key part of an international …
Read More »Stock futures remain stable after strong settlement on Thursday
Brendan McDermid | Reuters US stock futures fell on Friday morning after big drops in top tech names pushed top averages lower during regular trading. Dow Jones Industrial Average futures fell 200 points. Futures also pointed to declines in the opening of the S&P 500 and Nasdaq 100. Tensions between …
Read More »Warren Buffett increases Bank of America’s stake by more than $ 800 million
Warren buffett Gerry Miller | CNBC Warren Buffett added this week to his already massive stake in Bank of America at a time when the coronavirus pandemic still clouds the economic outlook for the United States and the world. A presentation by the Securities and Exchange Commission showed that Buffett’s …
Read More »SEC President Clayton says he’s concerned about trading stocks like Tesla
The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
Read More »Weekly claims for unemployment in the US Add 1,416 million, compared to 1.3 million expected
The number of Americans applying for unemployment benefits increased more than expected last week, as the coronavirus pandemic continues to affect the US economy. The Labor Department said Thursday that initial jobless claims increased by 1.416 million for the week ending July 18. Economists surveyed by Dow Jones expected initial …
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