Shares in UK banks plunged again as fears over the fallout from Britain's decision to leave the European Union sparked earnings downgrades and sell-offs by shell-shocked investors. As Sonia Legg reports, Europe's banks weren't immune from Brexit anxiety either.
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
(Bloomberg) -- McDonald’s Corp. is looking to launch a $5 meal deal in the US that the burger chain is betting can lure penny-pinching consumers back in.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionJim Simons, Code Breaker Who Mastered Investing, Dies at 86Apple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVThe deal could includ
The Oracle of Omaha has purchased shares of his favorite stock for 23 consecutive quarters.
The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.
Broadcom just ended the reign of Nvidia, usurping the top spot on this list of new buys by the best mutual funds.
Americans can improve their net worth through prudent budgeting and smart investments.
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
(Bloomberg) -- At a time when the US is looking to attract more skilled workers to semiconductor manufacturing, many current employees are rethinking whether they want to stick around, according to a McKinsey & Co. report that underscores the chip industry’s labor challenges.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionJim Simons, Code B
The popular growth investor bought into one of Thursday's biggest losers and two stocks that have fallen sharply over the past year.
The AI PC chip wars are going nuclear as Apple officially joins the fight with its M4 processor.