New York’s premier crypto regulator is close to greenlighting a new stablecoin issued by cross-border payments company Ripple, with an announcement expected in the coming days, FOX Business has learned. The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin, RLUSD, through a so-called

Berkshire Hathaway CEO Warren Buffett, as usual, was onto something when the company picked up Vanguard’s S&P 500 ETF (VOO), a few years ago.  Since then, the exchange-traded fund has gradually become a darling of retail investors, crossing $100 billion in net cash flow for the first time this year.  “Vanguard’s ownership structure is unique

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