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A.I. is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to A.I.-proof your wealth. He lays out three simple steps to take ASAP in his latest video.
Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions
This year's gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that should also take responsibility for the company's investments after he takes over, raising new questions about the succession plan.
Abbott Labs tops Q1 expectations, raises low end of 2024 guidance range
ABBOTT PARK, Illinois (AP) — Abbott Laboratories reported a first-quarter profit of $1.23 billion Wednesday.
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Stock market today: Asian shares track Wall St's advance fueled by cooler jobs data
Asian shares were mostly higher on Monday after Wall Street ended last week with the stock market's best day in over two months in a rally backed by the cooler-than-expected U.S. employment data.
The Fed indicated rates will remain higher for longer. What does that mean for you?
NEW YORK (AP) — , , , and business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after the Wednesday that it doesn’t plan to cut interest rates until it has “greater confidence” that price increases at the consumer level are slowing to its 2% target.
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McDonald's posts weaker-than-expected Q1 results as boycotts weigh on sales
McDonald’s said higher U.S. sales in the first quarter helped it overcome weakness in the Middle East and other markets where consumers have been boycotting the brand.
Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
SEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.
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US Silica agrees to go private in $1.85 billion acquisition by Apollo Global
NEW YORK (AP) — U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion.
Stock market today: Asian benchmarks mostly climb despite worries about US economy
TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world.
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That's rich: Rise in all-cash transactions helping drive price gains for most expensive US homes
LOS ANGELES (AP) — Well-heeled home shoppers are increasingly paying cash, helping turbo-charge price gains for the most expensive U.S. homes.
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
DETROIT (AP) — Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline.
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Pepsi beats Q1 revenue forecasts as price increases moderate
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
Markets in Asia apart from Shanghai's were broadly higher Monday, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
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Shares of Walmart-backed Ibotta soar 23% on public debut
NEW YORK (AP) — Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 23% in its Wall Street debut on the New York Stock Exchange.
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of the year.
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Bank of America's 1Q profits fall 18% on higher expenses, charge-offs
NEW YORK (AP) — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts' estimates.
A strong quarter for Wall Street lifts Goldman's first-quarter results
NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year.
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Faced with possibly paying for news, Google removes links to California news sites for some users
SACRAMENTO, Calif. (AP) — Google on Friday began removing California news websites from some people's search results, a test that acted as a threat should the state Legislature pass a law requiring the search giant to pay media companies for linking to their content.
Ex-Fed chair Ben Bernanke finds 'significant shortcomings' in Bank of England's economic forecasting
LONDON (AP) — A review of the Bank of England's economic forecasting that was published Friday and undertaken by Ben Bernanke, the former chair of the U.S. Federal Reserve, has found “significant shortcomings” that should be addressed to better inform future interest rate decisions.
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Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
LOS ANGELES (AP) — Shop for a home now or hold out for the possibility of lower mortgage rates? That question is confronting many home shoppers this spring homebuying season.
When are those rate cuts coming, already? The European Central Bank may be providing some hints
FRANKFURT, Germany (AP) — The European Central Bank will likely use its Thursday meeting as a prelude to a first interest rate cut in June as the rich world’s central banks, including the and the U.S. Federal Reserve, assess how soon receding inflation will for businesses and consumers.
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Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scares
Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer-vacation season, with travelers seemingly unfazed by recent incidents in the industry that ranged from a panel midflight flight to a another plane during takeoff.
Stock market today: Asia stocks rise with market focus on signs of interest rate cut
HONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve.
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Stock market today: Asian shares mostly decline after Wall Street drop on rate cut concerns
TOKYO (AP) — Asian shares mostly declined Friday after a U.S. Federal Reserve official said the central bank might not deliver any of the interest rate cuts that Wall Street has been banking on this year, citing concerns about inflation.
Stock market today: Asian shares mostly rise cheered by Wall Street finish
TOKYO (AP) — Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year.
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Stock market today: Asia markets are mixed after Wall Street's strong manufacturing data
HONG KONG (AP) — Asian shares were mixed on Tuesday after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates.
Donald Trump's social media company lost $58 million last year. Freshly issued shares tumble
NEW YORK (AP) — Less than a week after a flashy , Donald Trump's social media company is disclosing that it lost nearly $58.2 million in 2023.
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