These are excerpts from the unofficial transcript of CNBC's town hall interview today (Thursday) with Warren Buffett and Bill Gates from Columbia Business School in New York City, as released by CNBC.
The U.S. dollar rallied broadly on Thursday after a weekly jobless report triggered strength in the currency. Overall, the greenback has been very weak, sliding over 4 percent in the last three month. Axel Merk, manager at Merk Hard Currency Fund, shared his insights on the dollar.
The latest tax filing for Goldman Sachs’s foundation is as thick as a phone book. The list of trades is more than 200 pages, single spaced. Goldman, it seems, invests like no other, even for its own charity.
After a surprising deal from HP, the markets reacted after hours to the acquisition of the week. The Fast Money traders give you the outlook and analysis you need to trade on the news.
"There are no fundamentals right now that drive the market," says Joe Terranova, "It's all about technicals."
Funny Business reader Rick Ambrose has been 'divinely inspired' to rewrite the Lord's Prayer as the 'Lloyd's Prayer.'
Some 650,000 borrowers have thus far received a trial loan modification under the Obama administration plan.
Don’t get left behind.
In some cases, the difference between a winner and loser is often in the eye of the beholder--who can be a victim or a beneficiary--or simply a political ideologue. That’s why we want readers to weigh in and vote on a variety of people and concepts. We’ll report back with results and rankings on December 1.
With all the buzz around the dollar, the traders are also seeing life in the retail sector... and some see it as primed for the next big pop.
Toward the end of last week, the markets saw a huge run-up. Does this bode well for stocks this week? Art Cashin, director of floor operations for UBS Financial Services, offered CNBC his insights.
Bankers aren't really bankers, but are more like bookmakers and insurance agents, and they don't actually get bonuses, but profit share, Peter Brown, partner from MM&K, told CNBC Monday.
Even as Washington tries to rein in Wall Street pay, bankers are likely to make unusually large gains on the stock grants and options they received after shares in their companies fell sharply during the financial meltdown, the New York Times reports.
The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers, the New York Times reports.
One of the federal government’s most opaque methods for bailing out the banking system allowed a handful of giant institutions to save up to $25 billion on their borrowing costs, a Congressional panel estimated on Friday.
Plus, get calls on investment banks, "app phones" and more.
New York City health officials scrambled to explain themselves Thursday following outraged media reports about bankers who got scarce H1N1 flu vaccines through their employers
Earnings season is coming closer to an end now that ~80% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Cramer makes the call on viewers' favorite stocks.
In extended trade shares of Cisco popped as much as 4% after the company beat Street estimates. But is it enough to spark a rally?