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Finance

Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending

Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans.Fraser, who...
Finance

Berkshire Hathaway’s big mystery stock wager could be revealed soon

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska.David A. Grogan | CNBCBerkshire Hathaway, led by legendary investor...
Finance

Warren Buffett says letting Silicon Valley Bank customers go under would’ve been ‘catastrophic’

Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon...
Finance

Silicon Valley Bank employees received bonuses hours before government takeover

Police officers leave Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023.Noah Berger | AFP | Getty ImagesSilicon Valley Bank employees...
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