Financial related news.

Berkshire reveals new investments

OMAHA, Neb. (AP) — Berkshire Hathaway revealed four new investments last week in steelmaker Nucor, insurer UnitedHealth and two of the nation’s biggest homebuilders — Lennar and DR Horton — but it’s not clear if the investments are big enough to ensure that legendary investor Warren Buffett handled them. Buffett, who plans to retire as [...]

By |2025-08-20T15:40:50-04:00Tuesday, August 19, 2025|

Inflation or jobs: Federal Reserve officials are divided over competing concerns

WASHINGTON — One major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyo., this week and a crucial policy meeting in September: Which is a bigger problem for the economy right now, stubborn inflation or slower hiring? Weak job gains since April have pushed [...]

By |2025-08-20T15:40:59-04:00Tuesday, August 19, 2025|

Executive order opens door for higher-risk private equity, cryptocurrency in 401(k)s

NEW YORK — Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an executive order signed last week by President Donald Trump that could give those financial players long-sought access to a pool of funds worth trillions. There [...]

By |2025-08-13T11:11:38-04:00Tuesday, August 12, 2025|

Federal regulators to investigate alleged bank discrimination against conservatives

NEW YORK (AP) — President Donald Trump last week signed an executive order mandating a probe into whether banks have discriminated against conservatives and certain industries such as gun manufacturers and cryptocurrency companies, invoking the vast powers to go after entities that the Republican president alleges have discriminated against him and his allies. The executive [...]

By |2025-08-13T11:11:45-04:00Tuesday, August 12, 2025|

Q2 profits at Exxon Mobil, Chevron dip

NEW YORK (AP) — Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production. Exxon earned $7.08 billion, or $1.64 per share, for the period ended June 30. A year earlier it earned $9.24 billion, or $2.14 per share. That was [...]

By |2025-08-06T15:10:27-04:00Tuesday, August 5, 2025|

Key inflation gauge rises 2.6% in June

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods. Prices rose 2.6 percent in June compared with a year ago, the Commerce Department said, up from an annual pace of 2.4 percent in May. [...]

By |2025-08-06T15:12:36-04:00Monday, August 4, 2025|

Google’s 2Q earnings climb 19 percent

SAN FRANCISCO (AP) — Google’s shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background. Google parent Alphabet Inc. earned $28.2 billion, or $2.31 per share, during the second quarter, a 19 percent increase from the same time last [...]

By |2025-08-04T09:57:24-04:00Monday, July 28, 2025|

Coinbase adds former top Obama, Harris adviser Plouffe

WASHINGTON (AP) — A senior adviser to Kamala Harris’ 2024 presidential campaign is joining Coinbase’s global advisory council, which already includes several former U.S. senators and Donald Trump’s ex-campaign manager, as the cryptocurrency exchange broadens its political reach. David Plouffe, a top Democratic strategist best known as an architect of Barack Obama’s successful 2008 presidential [...]

By |2025-06-17T15:56:30-04:00Monday, June 16, 2025|

Filings for jobless aid inch down modestly

WASHINGTON (AP) — The number of Americans filing unemployment claims fell slightly as businesses continue to retain employees despite growing economic uncertainty over U.S. trade policy. Applications for jobless benefits fell by 2,000 to 227,000 for the week ending May 17, the Labor Department said. That’s pretty close to the 230,000 new applications analysts forecast. [...]

By |2025-05-28T12:05:04-04:00Tuesday, May 27, 2025|

New Groveport program designed to provide civics lessons for residents

Come this fall as central Ohio students return to school, Groveport city officials plan to welcome a class of 20 residents to the city’s inaugural Citizens Academy. Envisioned as a hyper-local civics lesson, the program was devised to give residents of the southeast Franklin County city a better understanding of government operations at its most [...]

By |2025-05-19T14:26:08-04:00Friday, May 16, 2025|
Go to Top