Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first non-technology company in the U.S. to score the coveted milestone.Shares of the Omaha-based conglomerate have rallied more than 28% in 2024, far above the S&P 500’s 18% gain. The $1 trillion threshold was crossed just two…

My top 10 things to watch Wednesday, Aug. 28 1. Wall Street was heading for a slightly lower open after the Dow closed at another record and the S & P 500 came within a whisper of one as well. The Nasdaq was still about 5% away from its all-time…

Telegram founder Pavel Durov was released from police custody in France on Wednesday and transferred to court for questioning ahead of a possible indictment, prosecutors told CNN, days after his dramatic arrest at a Paris airport. The Russian-born billionaire exited the anti-fraud office outside Paris in what appeared to be…

I rate Panasonic Holdings Corporation (OTCPK:PCRFF) (OTCPK:PCRHY) [6752:JP] stock as a Hold. My rating for Panasonic is lowered from a Buy previously to a Hold now, as the company’s Electric Vehicle or EV battery business’ growth outlook has become less favorable. I have stopped short of assigning a Sell rating…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Keir Starmer kicked off efforts to agree a new treaty with Germany as he held talks in Berlin with Chancellor Olaf Scholz as part of his bid to reset Britain’s ties…

Two years before Iranian hackers breached Donald Trump’s campaign this summer, they used a similar ploy to target a former administration official and onetime confidant of John Bolton, Trump’s national security adviser and prominent Iran critic. After infiltrating the person’s email account, the hackers sent what seemed like a harmless request to a…

By Lucy Lazarony, Next Avenue Many Americans in their 50s don’t have nearly enough savings set aside for retirement. How bad is the shortfall? According to Prudential’s 2024 Pulse of the American Retiree survey, with just a decade until the traditional retirement age, 55-year-old Americans have less than $50,000 in…

Mortgage rates fell sharply this week to the lowest level in more than a year, igniting a boost in demand in the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage dropped to 6.47% this week from 6.73%…

Check out the companies making headlines before the bell. Paramount Global — The media conglomerate’s stock dropped nearly 5% after Edgar Bronfman Jr. withdrew his bid for the media company. This clears a path for Skydance Media to take over Shari Redstone’s media empire. Paramount expects the deal with Skydance…

Younger credit card users are unlikely to achieve a perfect 850 credit score — even with the best credit usage habits, credit expert John Ulzheimer tells CNBC Make it.That’s because the length of your credit history accounts for a sizable 15% of how your credit score is calculated. Since younger…