Meta's latest consumer AI product is sending such big shockwaves through the market that it's even inflaming a long-time rivalry in the brokerage business between 55-year old investing giant Charles Schwab, and Robinhood, an icon of the post-Covid trading boom among young investors.Shares of Schwab fell 6% Tuesday, touching the...
Month: September 2026
World heads into food crises ‘blind’ as U.S. aid cuts squeeze UN food agency, experts warn
Phil Hogan, former trade commissioner of the European Union, gestured as he spoke during a trade committee debate in the European Parliament's Jozsef Antall building in Brussels, Belgium, on Wednesday, Feb. 19, 2020. Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Other nations will have to fill the funding gap at...
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit
President Donald Trump greets Vice President of China Han Zheng as SpaceX CEO Elon Musk, U.S. Ambassador to China David Perdue and Nvidia CEO Jensen Huang look on at Beijing Capital International Airport on May 13, 2026.Alex Wong | Getty ImagesThe American automotive industry wants President Donald Trump to maintain...
Buffett takes next step in plan to keep Berkshire from straying
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Warren Buffett takes next step in long-term plan to ensure Berkshire doesn't stray after he's goneWarren Buffett speaks during...
Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve headquarters in Washington, Sept. 16, 2026. Warsh discussed the central bank's decision to raise interest rates for the first time since 2023 at a press conference following its latest policy meeting.China News Service | China News Service...