Since the market bottom in 2009, America's billionaires have seen their fortunes and numbers soar to new records.» Read More
Warren Buffett is now the world's richest person, topping the just-released Forbes 2008 ranking of global billionaires, with an estimated wealth of $62 billion. He bumps Microsoft's Bill Gates from the number one spot, a position Gates held for 13 consecutive years. Mexico's Carlos Slim is number two.
Warren Buffett tells CNBC's Becky Quick, with his familiar laugh, that he was able to replace Microsoft's Bill Gates as the world's richest person because he "spends less." In a brief off-camera telephone chat about Forbes' new list of global billionaires, with Buffett and his estimated $62 billion in the top position, the Berkshire Hathaway chairman joked that "it's a tribute to thriftiness."
Inflation worries are again gnawing at stocks. That sent gold and oil racing to new highs as the greenback hit new lows. The resulting concern about inflation promises to be a topic on investors' minds Thursday as they await rate decisions from the Bank of England and the European Central Bank, ahead of the U.S. open.
The Dow snaps a losing streak as oil hits another all-time high. Get the news behind the headlines in the Word on the Street.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Stocks clawed their way back to close higher Wednesday after a rollercoaster day of trading loaded with news.
There's an opportunity to make money, and Cramer doesn't want investors missing it.
When in doubt, delay! That appears to be the strategy at Yahoo, where the company's board has authorized a deadline extension for outsiders to nominate their own slate of directors, which would have been next week. The new deadline will now be 10 days after the company announces the date of its annual shareholder meeting. This clock indeed is ticking...
Stocks pulled back in afternoon trading Wednesday, led by financials, as news on Ambac trickled out.
Yahoo has extended a deadline for nominating candidates to its board, giving the struggling Internet pioneer more time to search for a white knight to help it fight off an unwanted takeover bid from Microsoft.
Yahoo has stepped up merger talks with AOL in an effort to avoid being taken over by Microsoft.
Yahoo and media conglomerate Time Warner have stepped up talks to create an alternative to Microsoft's offer to take over the Web company, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
Time to sort through the Fast Money in-box and answer more of your questions. Marcus writes, what do you think about Ruth’s Chris (RUTH)? Is it an early consumer discretionary play?
As stocks continued to tumble, CNBC asked the experts where they would put money now.
Apple CEO Steve Jobs told shareholders that the company has no plans for either a stock buyback or dividend.
Today's disaster du jour comes from Intel, the world's largest chipmaker, reducing gross margin expectations for the first quarter by a couple of percentage points. The company now expects gross margins of about 54 percent, compared to its original forecast of 56 percent.
The chairman of Holland and Co. sees the bears going away by this summer, making this the ideal time to be buying.
Apple shares are down close to 40% from its high last year. As Jim Goldman discussed on The Call today, is now the time for a buyback?
Unlike most American consumers, whose failure to save has exasperated economists for years, the typical American corporation has increased its savings so sharply that it probably has enough cash on hand to completely pay off its debts.
When it comes to Apple and the company's sagging stock price--and increasingly frustrated shareholders--it seems to me a solution is getting clearer by the day. Stock buyback.