Finance News – Page 850

100 million Squishmallows sold in a year — How the toy sensation joined Warren Buffett’s conglomerate

Plush toy phenomenon Squishmallows are now a part of Warren Buffett’s conglomerate.

Wall Street analysts think these 5 bank stocks will do well in the second half

This quintet of bank stocks may be poised for a strong second half of the year.

With just 8% of new vehicles costing under $30,000, ‘it’s the least affordable car market in modern history,’ expert says

As consumer tastes change, carmakers are upgrading their lineups and scaling back on less-expensive cars.

‘I went out and bought my parents a car’: Barbara Corcoran on the first time she felt successful

The first time she felt successful, Barbara Corcoran spent her money on others. She shares the importance of giving back and what success now means to her.

WisdomTree takes new crack at Bitcoin ETF despite prior rejections. Why this time may be different

WisdomTree wants the SEC to approve a spot bitcoin ETF after success in Europe.

Kim Kardashian’s $3.2 billion Skims brand started in her bathtub: I’d dye my own shapewear ‘with tea bags and coffee’

Kim Kardashian launched Skims in 2019 after years of dying her own shapewear to match her skin tone. The company was most recently valued at $3.2 billion.

Apple passes $3 trillion market cap. Here’s how to play the stock

Pros on CNBC discuss Apple for becoming the first and only company to close above $3 trillion in market capitalization.

Goldman in talks to offload Apple credit card, savings products to American Express, source says

Goldman Sachs is looking to unload its Apple financial products as part of a wider retreat from its failed consumer banking initiatives.

Wells Fargo to lift its quarterly dividend to 35 cents a share after Fed stress test

Wells Fargo raised its dividend after clearing the Federal Reserve’s annual stress test.

Supreme Court’s student loan decision will have ‘detrimental impact’ on borrowers, financial advisor says

The Supreme Court’s student loan decision may have a ‘detrimental impact’ on borrowers, financial advisor says. Here’s how to prepare before payments resume.