Breaking News: Investing

A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It's claimed that gasoline prices vary by region.Yasin Ozturk | Anadolu Agency | Getty ImagesRetail diesel and gasoline prices climbed to another record high Thursday, as rampant inflation sends costs across the economy surging.The national average for a regular gallon of gasoline hit $4.418 on Thursday, according to AAA. The price is not adjusted for inflation.Prices had…

In this photo illustration an Upstart Holdings logo is seen on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket | Getty ImagesShares of Upstart plummeted Tuesday after the artificial intelligence lending platform cut its full-year revenue outlook, citing rising interest rates and an uncertain economy.The company had reported better-than-expected first-quarter results Monday after the bell, but also slashed its 2022 revenue forecast to $1.25 billion from a prior estimate of $1.4 billion.Upstart expects…

A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday, March 7, 2022.David Ryder | Bloomberg | Getty ImagesGasoline prices surged to the highest level on record Tuesday as oil holds steady above $100 a barrel, contributing to inflationary pressures across the economy.The national average for a regular gallon of gas hit an all-time high of $4.374 on Tuesday, according to AAA. The price is not adjusted for inflation.Prices have been rising at a fast clip, with the…

The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022.Frederic J. Brown | AFP | Getty ImagesDiesel prices are surging, contributing to inflationary headwinds due to the fuel's vital role in the American and global economy. Tankers, trains and trucks all run on diesel. The fuel is also used across industries including farming, manufacturing, metals and mining."Diesel is the fuel that powers the economy," said Patrick De Haan, head of petroleum analysis at…

Warren Buffett and Charlie Munger at Berkshire Hathaway shareholder meeting, April 30, 2022.CNBCWarren Buffett bought the dip in his No. 1 stock Apple during the tech giant's sell-off in the first quarter.Berkshire Hathaway's chairman and CEO told CNBC's Becky Quick that he scooped up $600 million worth of Apple shares following a three-day decline in the stock last quarter. Apple is the conglomerate's single largest stock holding with a value of $159.1 billion at the end of March, taking up about 40% of its equity…

Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on the cryptocurrency.He said at the Berkshire Hathaway annual shareholders meeting Saturday that it's not a productive asset and it doesn't produce anything tangible. Despite a shift in public perception about bitcoin, Buffett still wouldn't buy it."Whether it goes up or down in the next year, or five or 10 years, I don't know. But the one thing I'm pretty…