Lisa Dammeyer

6 days ago | bankrate.com | Brian Baker |Lisa Dammeyer

The United States is home to nine of the top 10 richest people in the world, but that doesn’t mean there isn’t significant wealth outside the U.S. In fact, the top three richest people outside the U.S. are all worth more than $100 billion, according to the Bloomberg Billionaires Index. Most of the wealthiest people achieve their status through their investments and holdings, often in just one or two key businesses.

1 week ago | bankrate.com | Rachel Christian |Lisa Dammeyer

In a quarter in which macroeconomic headwinds loomed and Wall Street kept its expectations cautious, Disney (DIS) delivered a performance that almost felt magical. In the company’s second-quarter fiscal 2025 earnings report, released May 7, Disney posted revenue of $23.62 billion, up 7 percent from a year earlier and above analyst expectations. Streaming and domestic theme parks played a starring role in Disney’s outperformance.

1 week ago | bankrate.com | Brian Baker |Lisa Dammeyer

Berkshire Hathaway CEO Warren Buffett stunned shareholders at the company’s annual meeting on Saturday when he announced his plan to step down as CEO at the end of 2025. A day later, the company’s board of directors, at Buffett’s recommendation, unanimously voted to appoint Greg Abel as Berkshire’s new CEO effective Jan. 1, 2026. The transition marks the end of an era for Berkshire, where Buffett spent the past 60 years writing one of the best business success stories in history.

1 week ago | bankrate.com | Dayana Yochim |Lisa Dammeyer

These days you don’t have to pay a penny in commissions to trade stocks or ETFs or fork over a dime to access investment research and portfolio management tools. It’s the perks that’ll cost you extra. Webull is the latest deep-discount trading app putting the good stuff behind a paywall. For $3.99 a month (or $40 annually), Webull Premium subscribers get better rates on uninvested cash, margin loans, derivatives commissions and market data, and a higher IRA match on contributions and transfers.

1 week ago | bankrate.com | Brian Baker |Lisa Dammeyer

Shares of Meta Platforms (META) and Microsoft (MSFT) jumped by more than 6 percent and 10 percent, respectively, in early trading Thursday after both companies reported strong quarterly results that showed the artificial intelligence spending boom is far from over.