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Finance

Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years

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Warren Buffett's Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum's petrochemical unit, OxyChem, for $9.7 bill...

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Report shows hiring at lowest since 2009 as economists turn to alternative data during shutdown blackout

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Nike posts surprise sales growth, but warns of sluggish holiday season and bigger than expected tariff hit

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Nike on Tuesday posted surprise sales growth in its fiscal first quarter but said it still has work ahead to execute its turnaround as it warned ...

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Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040

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Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about

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Longtime investor Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise, a stage of the cycle...

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Economy

The government shutdown is likely to cement additional Fed interest rate cuts

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Earnings

Nike shares jump on strong earnings, signs its turnaround is racing ahead under CEO Hill

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Nike shares jumped in after-hours trading Tuesday after the sportswear maker's quarterly results far exceeded Wall Street expectations, signaling...

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Government shutdown means opportune timing for Neptune Flood IPO

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The timing of Neptune Insurance Holdings' IPO couldn't be more opportune.Neptune, the nation's largest private flood insurance, debuts on the New...

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Finance

One-time ‘SPAC King’ Palihapitiya launches new blank-check vehicle with plan to ‘temper’ retail fervor

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Venture capitalist Chamath Palihapitiya.Mark Kauzlarich/Bloomberg via Getty ImagesChamath Palihapitiya, once dubbed Wall Street's "SPAC King," is...

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Economy

Consumer confidence is lower than expected as Wall Street braces for shutdown data blackout

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Consumer confidence edged lower in September ahead of an expected data blackout caused by the looming federal government shutdown, the Conference...

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