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Warren Buffett’s Berkshire Hathaway dumps Citigroup stake, trims Bank of America, Capital One
Warren Buffett’s Berkshire Hathaway Inc. slashed its exposure to big-bank shares in the first quarter, liquidating its position in Citigroup Inc. and trimming positions in Bank of America Corp. and
Wholesale costs fell in April but consumer price increase could be on the way
Producer Price Index, a measure of wholesale costs, fell 0.5% in April. Margins are squeezed by tariffs and firms will likely pass costs to consumers
Walmart Will Raise Prices Because of Tariffs. Everyone Else Will Too.
The world’s largest retailer confirms consumers should prepare for higher prices on a range of goods as import costs accelerate. Expect other retailers to follow suit.
Saudi Arabia’s $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump
Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.
The Arena Group reports first-quarter earnings
The Arena Group, parent company of TheStreet, Parade, Men's Journal, Athlon Sports and more, issued its latest quarterly earnings report.
Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with
7 signs the job market is on the verge of a serious meltdown
From fewer job openings to smaller raises, all the signs point to a higher unemployment rate and a weaker job market.
Stocks close mixed Thursday as tariffs continue to weigh on sentiment
Government data showed retail spending was strong in April, but major retailers have warned tariffs would undo that.
Applied Materials Earnings Beat Expectations. Why the Stock Is Down.
Applied Materials gave a slightly disappointing outlook alongside its latest earnings report, driving its shares lower in after-hours trading Thursday. The chip-equipment maker reported adjusted
One of America’s biggest companies is imploding
UnitedHealth Group, one of America’s biggest corporations and a member of the exclusive Dow Jones Industrial Average, is suddenly unraveling.
Tariff-Related Inflation Fears Kept Consumers Spending in April
Key Takeaways Consumer spending grew 0.1% in April, maintaining a spending streak spurred by tariffs.Retail spending surged in March as consumers tried to get ahead of price increases they suspect
JPMorgan's Dimon on possibility of recession: 'I wouldn't take it off the table'
CEO Jamie Dimon is not ruling out the possibility of a US recession, saying Thursday that "I wouldn't take it off the table at this point." The boss of the biggest US bank, in an interview with
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