Charlie Munger believes there is trouble ahead for the U.S. commercial property market.
Category: Finance News
Big banks including JPMorgan Chase, Bank of America asked for final bids on First Republic
U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon.
Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it
Matt Bartolini, head of SPDR Americas research at State Street Global Advisors, finds valuations, earnings upgrades and price momentum are fueling the charge.
As part of the ‘cocktail culture,’ consumers are still splurging on dinner and drinks
When it comes to discretionary spending, splurging looks different in 2023: These days, adults would rather treat themselves to drinks or dinner out.
Mark Cuban says he’s losing nearly 1,000 Twitter followers a day—and paying $8 for a blue check hasn’t helped
Mark Cuban thought he was being shadow-banned on Twitter, so he signed up for the platform’s new subscription service. It didn’t fix the problem, he says.
Actively managed funds come with unique risks and rewards. Here’s how investors can pick a winner
Actively managed funds can outperform during periods of volatility, but investors will have to do their due diligence.
31% of new crypto buyers influenced by friends. Here’s why that can be ‘a horrible idea,’ advisor says
A third of new cryptocurrency investors are primarily motivated by friends to make their purchase. It may not always be sage advice, experts warn.
Mark Cuban says he could get people to pay $100 for Twitter’s blue checkmarks—Elon Musk’s strategy is a ‘huge mistake’
Billionaire entrepreneur Mark Cuban said Elon Musk made a “huge mistake” with Twitter’s new blue checkmark system. Here’s what he recommended instead.
Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more
These are the stocks posting the largest moves in midday trading.
Fed report on SVB collapse faults bank’s managers — and central bank regulators
The Fed blamed failures on mismanagement and supervisory missteps, compounded by a dose of social media frenzy.