Warren Buffett penned a surprise letter to shareholders days ahead of the Thanksgiving holiday and his message was a thankful one for his children, his good fortune and sharing the importance of philanthropy.  His widely read annual letters normally come in February, but the 94-year-old Oracle of Omaha’s November 2024 letter had more of a

U.S. stocks continued marching higher on Wednesday with the Dow Jones Industrial Average hitting a fresh record high, on pace for its 47th record of the year.  The S&P 500 and Nasdaq Composite were slightly lower but have advanced over 19% and 26%, respectively.  Among the Dow 30, Travelers, United Health and Walgreens paced the

Firms managing investment funds are rebranding or in some cases closing exchange-traded funds (ETFs) that were previously associated with environmental, social and governance (ESG) goals amid political and regulatory pushback. ESG investing has grown in prominence over the last decade and ESG-themed funds have become increasingly accessible, with leading financial institutions offering ETFs and other investment products

The incoming Trump administration wants to expand the power of the Commodity Futures Trading Commission by granting it oversight of a significant portion of the $3 trillion digital asset market, FOX Business has learned. The move would come as part of a broader effort by President-elect Donald Trump and the Republican majorities in Congress to roll back some of

Rob Gronkowski revealed Apple has proven to be his “best investment” to date. The retired NFL tight end recently told Fortune that he first invested in the tech giant about 10 years ago, going off a suggestion he received from a contractor he had tasked with constructing a house in Massachusetts. Gronkowski was in the midst

Sandwich chain Subway announced on Tuesday that CEO John Chidsey will retire at the end of the year. “It has been a privilege to lead Subway through a period of exciting change, and I am so proud of what the team has achieved together,” he said in a statement. Chidsey has served as chief executive

Macy’s Inc. says it will no longer release its full third-quarter earnings report this week as planned, after discovering an employee “intentionally” hid up to $154 million in expenses. The retailer had been slated to release its report on Tuesday morning, but instead posted preliminary findings on Monday that showed it missed Wall Street expectations.