US Top News and Analysis
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Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'
"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money."Business -
Here's where the jobs are for April 2024 — in one chart
Health care and social assistance led the way, while construction hiring slowed.Business -
'A lot of money on the sidelines': Calamos Investments thinks ETFs should target CD, money market customers
There may be an untapped market for exchange-traded funds.Business -
Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan
Nihon Global's proposal at Toyo Suisan is a lesson on shareholder activism in Japan.Business -
Star Wars was the first Lego license — 25 years later, it's stronger than ever
The Star Wars license was the first of its kind for Lego. Now, it has become a blueprint for the company's other brand deals.Business -
Trump trial: Former top aide Hope Hicks cries as cross-examination begins
Judge Juan Merchan has yet to rule on whether Donald Trump once again violated the gag order barring him from speaking about jurors and witnesses.Business - Donald Trump -
These 10 colleges may be as good as the Ivy League, according to Forbes
Ivy League institutions are incredibly difficult to get into. But these colleges may offer students a better shot at admission and just as good an education.Business -
Why election polls were so wrong in 2016 and 2020 — and what's changing to fix that
2016 election polls estimated Hillary Clinton had a 90% chance of beating Donald Trump.Business -
4 lessons for success from Berkshire shareholders' best Buffett and Munger stories
Everyone at the Berkshire Hathaway meeting has a story about Warren Buffett or Charlie Munger. These four provide useful tips for success.Business -
'The Google effect' can lead you into this common mental trap—here's how to avoid it
The search engine can feed one's availability bias, or the tendency to think easily accessible information is the most factual information.Business - Google -
Earnings will drive the market next week — what we expect from 2 portfolio stocks
Without any major economic reports, earnings — especially forward guidance and management commentary — will drive the action.Business -
Berkshire shareholders remember Charlie Munger—3 lessons that will make you a better investor
In the first Berkshire Hathaway meeting following the death of Charlie Munger, shareholders shared the best lessons they learned from the billionaire investorBusiness -
Jensen Huang started his $2 trillion company Nvidia at a Denny's breakfast booth
Jensen Huang, a former Denny's busboy, returned to the breakfast restaurant in 1993 to start Nvidia with two friends. Now, the chipmaker is worth $2.2 trillion.Business -
Marine moved from the U.S. to Brussels with her family—our mortgage is under $3,000/month: Take a look inside
In Belgium, "we can embrace a slower pace of life and a culture that prizes friends and vacations at least as much as work," says Jessica van Dop DeJesus.Business -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.Business - Apple -
SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban
Trump Media, the owner of the Truth Social app, trades under the DJT ticker. Former President Donald Trump is the majority shareholder of the company.Business - Donald Trump -
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.Business -
Guo Wengui chief of staff Yvette Wang pleads guilty to $1 billion fraud conspiracy in New York
Guo Wengui, an associate of Trump White House advisor Steve Bannon, is due to stand trial in the fraud case in New York federal court in several weeks.Business - New York -
Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
CNBC's Jim Cramer on Friday guided investors through an earnings-packed week on Wall Street.Business -
Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
Skydance is likely to walk away from its Paramount offer unless controlling shareholder Shari Redstone reaffirms her commitment following the Apollo-Sony bid.Business -
Dave & Buster's plan to allow betting on arcade games draws scrutiny
An Illinois lawmaker is proposing legislation to prevent wagering at family entertainment venues, saying such companies don't have proper safeguards in place.Business -
Here's how much money you'd have lost if you invested $1,000 in Peloton when it went public
Over the past years, Peloton's share price has declined significantly. Here's how much a $1,000 investment made in 2019, 2021 and 2023 would be worth now.Business -
Skittles is giving away a 1-year stay in an NYC micro-apartment that usually rents for $3,500/month: Take a look inside
The giveaway is a promotional stunt for the brand's new Skittles Littles candy.Business -
What borrowers need to know as the Public Service Loan Forgiveness program goes on a partial processing pause
The popular Public Service Loan Forgiveness program will be partially paused from May 1 through July, the U.S. Department of Education recently said.Business -
34-year-old pays $4,150/month for a 1-bedroom apartment above a mall in Miami—take a look inside
Rachel Koggan moved from NYC to Miami in 2021 and lives in a 1,200-square-foot apartment above the Brickell City Centre.Business -
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.Business -
Jobless rates rise in April for all racial groups except Black Americans
The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups.Business -
The top 5 countries where companies are scooping up American tech workers
Companies around the world are eager to hire U.S. tech talent.Business -
Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.Business -
Interest rates are staying high—how to make them work in your favor
The U.S. Federal Reserve is keeping its benchmark interest rate at its current decades-long high. Savers and borrowers can take advantage of the moment.Business -
Warren Buffett says AI scamming will be the next big 'growth industry'
Artificial intelligence has both "enormous potential for good and enormous potential for harm," the investing guru said during Berkshire's annual meeting.Business -
First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett
The absence of Charlie Munger will be on everyone's mind when Berkshire Hathaway's annual shareholder meeting kicks off Saturday in Omaha.Business -
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.Business -
Here's what to expect from the April jobs report on Friday
The Bureau of Labor Statistics report drops at 8:30 a.m. ET.Business -
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.Business - Apple -
Here's everything to expect from the Fed meeting that will move markets on Wednesday
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.Business - Federal Reserve -
Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025
Morgan Stanley, which led the Reddit and Astera Labs IPOs, expects 10 to 15 more tech offerings this year and a "better year" in 2025.Business -
Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
Paramount Global CEO Bob Bakish is out, the company announced Monday, as merger negotiations with Skydance Media continue.Business -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.Business -
Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025
Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.Business - Tesla