Berkshire reported earnings of $26.4 billion in the second quarter, a turnaround from its $49.7 billion loss in the first quarter, when the pandemic caused a plunge in the stock market.
Without more federal aid for workers, experts are expecting the largest disruption to the housing market since the Depression.
A federal supplement to jobless pay was a lifeline for millions and for the economy. Its cutoff, even if temporary, may have lasting consequences.
The government cited national security concerns in announcing sweeping restrictions on two popular Chinese social media networks, a move that is likely to be met with retaliation.
The Paycheck Protection Program provided respite for hard-hit small businesses, but it is ending soon. With no word on further government help, owners worry about their fate.
Nearly 1.2 million filed for state benefits last week, the lowest total since March, as economic readings offer only limited encouragement.
The teenage “mastermind” of the recent Twitter breach, who had a difficult family life, poured his energy into video games and cryptocurrency.
The department store, which traces its roots to 1826, was struggling before the coronavirus hit. Its owner, the clothing rental start-up Le Tote, also filed for bankruptcy.
The discussions come as TikTok’s ownership by a Chinese company is under scrutiny by the White House and lawmakers.
Chris Larsen knows that a crypto mogul spending his own money for a city’s camera surveillance system might sound creepy. He’s here to explain why it’s not.
Businesses that want to use the Federal Reserve’s Main Street program cannot, and many that can use it have better options in the private market.
As the city grapples with new restrictions on online speech, American tech giants are on the front line of a clash between China and the United States over the internet’s future.
Different strategies for socially responsible investing are working toward a similar goal: to pressure companies and municipalities to operate more equitably.
Coronavirus is just a distant memory while zipping around in a several-hundred-thousand-dollar custom van on the open road.
The Viceroy L’Ermitage Beverly Hills was owned by a fugitive financier involved in a $2.5 billion fraud. Interested? It’ll cost north of $100 million.
Foreaders 