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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business

Stock futures pointing higher hours before the opening bell

Mon, Mar 01, 2021

U.S. equity futures suggested a higher open when Monday's session begins on Wall Street....

Huge losses on derivative trades at Geode Capital Management force hedge-fund business shutdown: WSJ

Mon, Mar 01, 2021

Huge losses on derivative trades at Geode Capital Management have forced the giant investment firm to close down its hedge-fund business....

Oil prices up more than $1 on growing global economy optimism

Mon, Mar 01, 2021

Oil prices rose more than $1 on Monday on optimism in the global economy thanks to progress in a huge U.S. stimulus package and on hopes for improving oil demand as vaccines are rolled out....

After Robinhood GameStop trading frenzy, SEC could examine penny stock listing standards

Sat, Feb 27, 2021

NYSE, Nasdaq list as many as 1,000 penny stocks...

Warren Buffett in annual letter: Why to always bet on America

Sat, Feb 27, 2021

The “Oracle of Omaha” shared another snippet of his wisdom in his latest annual letter to Berkshire Hathaway investors: “Never bet against America.”...

Elon Musk: SEC probe over Dogecoin tweets would be 'awesome'

Sat, Feb 27, 2021

Billionaire Elon Musk said Thursday that he would welcome a probe by the Securities and Exchange Commission (SEC) into his tweets about meme cryptocurrency Dogecoin....

Warren Buffett's Berkshire Hathaway sees profit rise 23%

Sat, Feb 27, 2021

Berkshire Hathaway Inc.'s fourth-quarter profits rose on the back of a soaring stock market....

In Warren Buffett’s annual letter he admits making this ‘big’ mistake

Sat, Feb 27, 2021

Berkshire Hathaway CEO Warren Buffett admitted to investors in his annual letter that a mistake he made led to an $11 billion loss in 2020, even as quarterly profits continued to rise....

Bitcoin buyers punished by surging bond yields

Sat, Feb 27, 2021

Investors' love affair with bitcoin has become a double-edged sword as surging bond yields sparked a sell-off in risk assets, including bitcoin, and punished shares of companies that recently bought the cryptocurrency....

Warren Buffett's annual letter to Berkshire Hathaway shareholders

Sat, Feb 27, 2021

READ: Warren Buffett's Annual 2020 Letter to Berkshire Hathaway shareholders....