Gold has ‘growing potential’ to break $1,800 an ounce, says UBS
A mark of 999.9 fine sits on hallmarked one kilogram gold bullion bars at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Stefan Wermuth | Bloomberg | Getty Images Gold prices could “break the highs”...
Putting the economy back together again: What the future holds for Americans
A stylist wearing a protective mask cuts a customer’s hair at a barbershop in Atlanta, Georgia, on Monday, April 27, 2020. Dustin Chambers | Bloomberg via Getty Images When the coronavirus crisis, or at least the worst of it, passes,...
Warren Buffett says the economy will overcome coronavirus: ‘Nothing can basically stop America’
Warren Buffett Gerry Miller | CNBC (Follow live updates of Berkshire’s annual meeting here.) Warren Buffett said Saturday he is optimistic that the U.S. economy will re-emerge even after being dealt a body blow by the coronavirus pandemic. “Nothing can...
Buffett on why he hasn’t made any big investments: ‘We don’t see anything that attractive’
Warren Buffett Gerard Miller | CNBC (Follow live updates of Berkshire’s annual meeting here.) Warren Buffett said Saturday that Berkshire Hathaway is still sitting on its massive cash hoard because the conglomerate hasn’t found a company to buy at an...
April’s jobs report showing millions out of work looms large in the week ahead
A person walks at the Wall Street subway stop on April 23, 2020 in New York City. Angela Weiss | AFP | Getty Images Investors will focus on the slow reopening of the economy in the coming week, as Friday’s...
Here’s what to expect from Warren Buffett during Berkshire Hathaway’s first virtual annual meeting
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images This year’s Berkshire Hathaway shareholder meeting will be like no other as investors look for insight on how the conglomerate will move forward from...
This pregnant Goldman Sachs trader says Wall Street will never be the same after the coronavirus
Moran Forman of Goldman Sachs, 33, in her home office in the Chelsea neighborhood of New York. Source: Goldman Sachs Each weekday morning, Moran Forman wakes up in her Chelsea apartment, takes a few steps to a spare bedroom and...
Stocks making the biggest moves after hours: Amazon, Apple, Western Digital and more
Check out the companies making headlines after the bell. Amazon — The e-commerce giant’s stock tumbled 5% in extended trading after the company posted its first-quarter financial results. The company reported first-quarter earnings of $5.01 per share, which missed analysts’...
US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks
First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday. Economists surveyed by Dow Jones had been looking...
US consumer spending plunges 7.5% in March, reflecting virus
Lay Guzman stands behind a partial protective plastic screen and wears a mask and gloves as she works as a cashier at the Presidente Supermarket on April 13, 2020 in Miami, Florida. Joe Raedle | Getty Images U.S. consumer spending...
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