Warren Buffett, chairman of Berkshire Hathaway, is regarded as one of the greatest investors alive. Buffett has arguably made some of the most notable investment decisions of our lifetime. And one of those decisions was to invest $5 billion into Bank of America in 2011 after the financial crisis. But […]
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Trump to meet with Chinese vice premier at White House: ‘Big day of negotiations with China’
President Donald Trump said he’s meeting with Chinese Vice Premier Liu He on Friday, fueling optimism about a positive outcome from this week’s high-level trade talks. “Big day of negotiations with China. They want to make a deal, but do I? I meet with the Vice Premier tomorrow at The […]
Chinese Vice Premier Liu He says China comes with ‘great sincerity’ for trade talks
Liu He, China’s vice premier, left, speaks with Robert Lighthizer, U.S. trade representative, from right, and Steven Mnuchin, U.S. Treasury secretary, while departing the Office of the U.S. Trade Representative following a meeting in Washington, D.C., U.S., on Friday May 10, 2019. Alex Edelman | Bloomberg | Getty Images China’s […]
Kroger gets a downgrade after the grocery store makes a mulityear mistake, Jefferies says
An employee pushes grocery carts outside a Kroger Co. grocery store in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Kroger was downgraded by Jefferies to hold from buy due to what they believe was a key mistake: investing in centralized fulfillment centers instead of micro-fulfillment. Instead, it should […]
Lab-grown meat start-up raises $14 million to build production plant
Chicken shawarma, made with soy protein and cultured chicken fat Source: Future Meat Technologies As meatless burgers have landed at Burger King and Carl’s Jr., dozens of start-ups are racing to be the first to sell beef grown in a lab. Now, one of those start-ups has raised $14 million […]
Here’s how many workers are saving the maximum in their retirement plans
Thomas Barwick | DigitalVision | Getty Images We all want to max out our 401(k) contributions — and a select handful of taxpayers are doing just that. Some 4.67 million taxpayers managed to squirrel away the maximum $18,000 in employee contributions to their 401(k) in 2016, according to data from […]
Fidelity joins the stampede to eliminate fees for online trading
Adam Jeffery | CNBC Fidelity Investments has joined its major competitors in offering zero-commission online trades as the brokerage industry continues its low-fee makeover. The company tweeted that it has eliminated commissions on all its trades involving stocks, options and exchange-traded funds, a burgeoning $4 trillion industry that has remade […]
Five tips to stop stressing about money
Moyo Studio | E+ | Getty Images Anxiety over money is so common in the U.K. that a quarter (23%) of adults say they suffer from mental health issues as a result of worrying about their finances, according to one poll published on World Mental Health day on Thursday. Four […]
Trump defends allowing offensive against Kurds: ‘They didn’t help us in the Second World War’
President Donald Trump responds to questions about the U.S. House impeachment investigation during a formal signing ceremony for the U.S.-Japan Trade Agreement at the White House in Washington, October 7, 2019. Kevin Lamarque | Reuters In the face of growing bipartisan anger, President Donald Trump defended his decision to allow […]
Britain is sending a four-legged robotic rover to the moon
Spacebit’s four-legged robotic rover is set to embark on its first moon mission in 2021. Spacebit The U.K. is sending a robotic space exploration rover to the moon, in what will be a first for the country. The rover is a four-legged robot developed by British start-up Spacebit. It has […]