Tag: Financial services

CVS Health cuts its 2024 forecast a third time, dragged down by insurance struggles

CVS Health chopped its 2024 forecast for a third time and changed the leadership of its health insurance business where it continues to...

Asian shares advance and Japan's Nikkei gains 1.2% as markets settle after a wild start to the week

Shares advanced Wednesday in Asia, with Japan’s benchmark Nikkei 225 index closing 1.2% higher after a Bank of Japan official suggested the central...

What investors should do when there is more volatility in the market

NEW YORK -- U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average...

Financial markets around the globe are falling. Here's what to know about how we got here

NEW YORK -- Markets on Wall Street and around the world are in a mini-panic. Worried about a slowing U.S. economy, investors sent...

Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter

OMAHA, Neb. -- Investor Warren Buffett 's company recorded a $47 billion gain on stock sales during the second quarter as he slashed...

Alabama woman pleads guilty to defrauding pandemic relief fund out of $2 million

MONTGOMERY, Ala. -- An Alabama woman has pleaded guilty to federal wire fraud and money laundering charges for fraudulently claiming nearly $2 million...