Wall Street

Hertz surges after Bill Ackman takes big stake in rental car firm
Bill Ackman’s Pershing Square took a sizable stake in Hertz, the rental car company that exited from bankruptcy four years ago, ...

Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
Federal Reserve Chairman Jerome Powell pauses while delivering remarks at a news conference following a Federal Open Market Committee (FOMC) ...

Google inks deal with nuclear company as data center power demand surges
People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on ...

Two China ETFs go on different paths
Two exchange-traded funds are looking for profits in China with two different strategies. While the Rayliant Quantamental China Equity ETF ...

Bank of America (BAC) earnings Q2 2024
Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees. ...

‘We lost quite a bit of money’
OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss. “I was 100% ...