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Holiday shoppers plan to spend more, while taking on debt this season

Americans often splurge on gifts during the holidays.This year, holiday spending from Nov. 1 through Dec. 31 is expected to increase to a record...

Warren Buffett’s Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A....

Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024.Getty ImagesWith the U.S. election...

Wells Fargo shares jump after earnings top Wall Street expectations

Wells Fargo on Friday reported third-quarter earnings that exceeded Wall Street expectations, causing its shares to rise.Here's what the bank reported compared with what...

Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCWarren...

Hedge funds do an about-face on the China trade, selling stocks in record numbers

Hedge funds that recently flocked into Chinese stocks on stimulus hopes just did a 180. Professional traders posted the largest single-day net selling of...

OpenAI Chair Bret Taylor talks AI agents, regulation and the technology’s current boom

Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology Conference in Paris on June 15, 2022.Nathan Laine | Bloomberg | Getty ImagesBret Taylor,...

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