The S & P 500 ran into a brick wall Friday and finished the week lower, just one day after closing at a record high. The rotation out of tech stocks, which supported the Dow , was on full display. The across-the-board rally on Wednesday after the Federal Reserve cut interest rates for the third … Read more
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Todd Combs’ surprise departure from Berkshire Hathaway got most of the attention when it was announced this week. There were also, however, several additional personnel … Read more
Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric … Read more
Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, telling CNBC that policymakers should have waited until they had more information before easing further. “I’m pretty optimistic that for 2026 rates will will be able to be a fair bit lower than they are today,” the … Read more
Anutin Charnvirakul, Thailand’s prime minister, speaks to members of the media on the sidelines of a seminar in Bangkok, Thailand, on Thursday, Nov. 20, 2025. Dario Pignatelli | Bloomberg | Getty Images Thailand’s king has approved the dissolution of parliament, deepening political instability in the Southeast Asian nation ahead of an attempt by the U.S. … Read more
The U.S. Capitol dome is illuminated as the House of Representatives returns to Washington to vote to reopen the government Wednesday, Nov. 12, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Private markets could get an influx of capital and investors under legislation approved by the House on Thursday The package of capital-formation … Read more
JetBlue Airways’ new lounge, BlueHouse, at JFK’s Terminal 5. Courtesy: JetBlue Airways JetBlue Airways‘ first airport lounge since it started flying nearly 26 years ago is here, inspired by a New York City apartment — but bigger. The 9,000-square foot lounge, called BlueHouse, is set to open Dec. 18 at 5 a.m. ET at the … Read more
Traders work on the floor at the New York Stock Exchange on June 18, 2025. Brendan McDermid | Reuters The Dow Jones Industrial Average reached new heights on Thursday as a Federal Reserve interest rate cut followed by disappointing Oracle results prompted investors to move out of high-flying tech stocks and into names that can … Read more
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. … Read more
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between … Read more