Financial Services

Warren Buffett's company joins oil-buying frenzy this week by resuming its Occidental Petroleum buys
Oct 26, 2023

Warren Buffett's company joins oil-buying frenzy this week by resuming its Occidental Petroleum buys

Investor Warren Buffett joined the recent oil-buying spree in the market this week by resuming Berkshire Hathaway's purchases of Occidental Petroleum stock for the first time in four months


Morgan Stanley names Ted Pick as investment bank's next CEO, succeeding James Gorman
Oct 26, 2023

Morgan Stanley names Ted Pick as investment bank's next CEO, succeeding James Gorman

Bank veteran Ted Pick will become the next CEO of Morgan Stanley


Oct 26, 2023

Turkey's central bank opts for another interest rate hike in efforts to curb inflation

Turkey’s central bank has hiked interest rates again in efforts to curb inflation, pressing ahead with more conventional economic policies recently embraced by President Recep Tayyip Erdogan


Oct 23, 2023

FMC, Ultra Clean fall; Textainer, EngageSmart rise, Monday, 10/23/2023

Stocks that traded heavily or had substantial price changes on Monday: FMC, Ultra Clean fall; Textainer, EngageSmart rise


Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields
Oct 23, 2023

Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields

Asian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise


Oct 23, 2023

Stock market today: Wall Street sinks as pressure from the bond market keeps rising

Wall Street is drifting lower as pressure from the bond market continues to build


Oct 23, 2023

Stock market today: Wall Street drifts in mixed trading as yields swing in the bond market

Wall Street is swinging a bit higher, continuing a monthslong run where it’s slavishly followed the cue of the bond market


Stock market today: Asian shares mixed after US stocks wobble as US Treasury bond yields veer
Oct 23, 2023

Stock market today: Asian shares mixed after US stocks wobble as US Treasury bond yields veer

Asian shares are mixed after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%


Justice Department secures $9 million settlement with Ameris Bank over redlining in Florida
Oct 19, 2023

Justice Department secures $9 million settlement with Ameris Bank over redlining in Florida

The Justice Department has secured a $9 million settlement with Ameris Bank over allegations it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans


Oct 19, 2023

Stock market today: Wall Street drifts after 10-year yield nears 5% and oil prices ease back

Wall Street isn’t moving much, but a swirl of competing forces are pushing and pulling on markets under the seemingly calm surface



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.