Charlie Munger, who died in 2023 at the age of 99, had a 50% drop rule that reveals why most investors fail to build wealth.

The former New York City mayor, a longtime backer of historically Black colleges and universities, has a new initiative to support young Black students. Michael Bloomberg, who donated $600 million in ...

China’s investment slumped further and retail sales expanded at their weakest pace since the crash caused by Covid, in another month of lopsided growth that’s inflaming trade tensions with the rest of ...

Thomas Anderson – otherwise known as Neo – is walking up a flight of stairs when he sees a black cat shake itself and walk past a doorway. Then the moment seems to replay before his eyes. Just a touch ...

Federal Reserve Chair Jerome Powell downplayed dissenting votes against Wednesday’s decision to lower interest rates again, but a slew of finer details from the meeting revealed just how divided the ...

Wall Street’s sentiment toward companies associated with artificial intelligence is shifting, and it’s all about two companies: OpenAI is down, and Alphabet Inc. is up. The maker of ChatGPT is no ...

US consumer sentiment rose for the first time in five months, bolstered by a more optimistic outlook for personal finances as inflation expectations improved. The preliminary December sentiment index ...

US job growth remained sluggish in November and the unemployment rate rose to a four-year high, pointing to a continued cooling in the labor market after a weak October. Nonfarm payrolls increased ...

S&P 500 Sees Best FOMC Day Since March as Powell Praises Economy Traders work on the floor of American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York. Photographer: Michael ...

The story of the world’s wealthiest dynasties over the past year underscores one financial truism: size matters. The 25 richest families are collectively $358.7 billion richer than a year ago, with a ...

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. Consumer spending, adjusted for changes in ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...