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Major bank customers may qualify for $425 million settlement payout

Americans have been paying closer attention to their savings accounts, seeking to get the most out of high-yield accounts. For years, many consumers accepted low yields on savings because not many better options existed.  But as the banks began competing more aggressively for deposits with higher-yield savings accounts, certificates of deposit, and money-market products, customers […]

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Bill Ackman: This is a “great” time to invest – even at market highs

Transcript:Caroline WoodsMarkets are near all time highs. And Bill Ackman is launching a new fund right into it. So why now? Joining me is Bill Ackman CEO of Pershing Square. Bill congratulations. Bill AckmanThank you so much. Caroline WoodsBig day for you. You actually have two funds. We have Pershing Square Inc. and then Pershing

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Morgan Stanley analyst updates Carvana stock ahead of earnings

Carvana investors had their confidence shaken last quarter after the online auto retailer missed analyst fourth-quarter expectations. But the stock has recovered nicely over the past month, climbing nearly 40% and putting shares back 1% higher than they were when the year started. While investors seem confident heading into the release of first-quarter earnings results

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Large-cap bank stock pays Warren Buffett $23M in annual dividends

When the world’s most famous investor holds a stock, it’s worth paying attention. Warren Buffett’s Berkshire Hathaway has quietly built a position in one of America’s largest financial services companies. And right now, that stake is throwing off tens of millions in dividends every year. The position sits inside Berkshire’s massive portfolio. But the math

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