A $150 Billion Question: What Will Warren Buffett Do With All That Cash?

Berkshire Hathaway's annual report will show if its cash pile ended 2023 at another record high. 


 
Goldman's Chief Economist Has Nailed Big Calls. Here's His Next One.

Jan Hatzius was prescient on housing in 2008 and a soft landing in 2023. 


 
Axa Lifts Dividend, Launches Buyback

Axa announced a new share buyback, raised its dividend 16% on higher full-year earnings, and set out new financial targets for 2024-26. 


 
Lloyds Banking To Start Buyback After Profit Beat

Lloyds Banking launched a $2.5 billion share buyback after its profits rose in the fourth quarter despite lower income and a higher provision. 


 
Fed's Jefferson says he expects rate cuts 'later this year'

The No. 2 official at the Federal Reserve said Thursday that he thinks the central bank can begin to cut interest rates in 2024. 


 
Financial Services Roundup: Market Talk

Find insights on Zurich Insurance, Hargreaves Lansdown, Axa, and more in the latest Market Talks covering Financial Services. 


 
Fed Minutes Show Unease Over Premature Cuts

Only two officials highlighted the risks of keeping rates too high for too long at last month's policy meeting. 


 
Bank of Korea Stands Pat, Maintains Growth and Inflation Forecasts

South Korea's central bank held its policy rate steady at a 15-year high as widely expected, and signaled that a policy pivot toward easing may not come anytime soon. 


 
Crypto Tycoon Do Kwon Should Be Extradited to U.S., Montenegro Court Rules

Both the U.S. and South Korea have sought to prosecute the creator of TerraUSD and Luna. 


 
China Slowdown Deals $3 Billion Blow to HSBC

The bank fell into a quarterly loss after it wrote down the value of its stake in Chinese lender Bank of Communications.


(END) Dow Jones Newswires

02-22-24 1615ET