Cash

Billionaire Bill Ackman said that he was “bullish” as the money market funds hit a record, hinting that any rate cuts could direct these monies into the equity markets. What Happened: The founder and CEO of Pershing Square Capital Management, L.P., emphasized his “bullish”...

Warren Buffett‘s Berkshire Hathaway Inc. (NASDAQ:BRK) (NASDAQ:BRK) has outperformed the losses in the S&P 500, while the ‘Oracle of Omaha’ has emerged as the only top 10 billionaire to see a net worth gain on a year-to-date basis in 2025. What Happened: Shares of Berkshire...

In response to Americans' increasing preference for physical cash, the U.S. government printed a record number of $50 bills. What Happened: According to a report by CNN, this move was executed by the Bureau of Engraving and Printing, which produced an astounding 756.09...

Legendary investor Warren Buffett is making a strategic, albeit surprising, move by reducing exposure to equities and increasing his cash holdings on the heels of appealing interest rates. According to the latest quarterly financial results of his conglomerate, Berkshire Hathaway Inc. (NYSE:BRK),...

With the Fed funds rate at 5.5%, its highest level since the early 2000s, the temptation of cash-like investments has never been more appealing, pushing investors to reconsider riskier assets such as stocks. While the Fed may opt to press the hold button this month, the end of rate hikes has not...

Earlier in March, in a survey, two-thirds of the respondents reportedly said that cash in their portfolios would be a net positive this year, reinforcing the “cash is no longer trash” theory that has been gaining prominence. What Happened: The verdict came from professionals who had...

By Brennan Zizzi Recently, we have noticed a continued trend of banks being extremely slow to raise the interest rates on their traditional checking and savings accounts, especially for their already existing customers. This is costing people thousands of dollars a year in lost interest depending...

Ray Dalio, founder, CIO Mentor and member of the Bridgewater Board believes cash is pretty attractive now, both in relation to stocks and bonds. What Happened: The billionaire’s statement is a reversal from his earlier stance when he believed cash was trash. “We are now in a...

Voyager Digital Ltd (OTC: VYGVQ), which filed for bankruptcy in July, has now decided to provide customers access to cash withdrawals next week.  According to a blog post published on Friday, a court has given the nod to Voyager to access customers’ cash holdings as soon as Aug. 11....

In a recent tweet, Founder and Chief Executive Officer of Grayscale DCG, Barry Silbert compared cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Ripple (CRYPTO: XRP), and Zcash.  In the tweet, he likened each of the cryptocurrencies to a particular rock band, but left...

By Chris Murray The first few months of the COVID-19 pandemic did not exactly inspire the American public’s confidence in the U.S. economy, but gradually things have improved in some sectors.  Many millennials and Gen Z members even grew more financially confident during the pandemic,...

This article was originally published on WeedWeek, and appears here with permission. In January, North American cannabis companies raised close to $1B. Insiders widely expect this tidal wave of capital to accelerate the industry consolidation which gained momentum in Q4.  “I...

Cash is king, at least it is for David Samra, a fund manager who oversees around $55 billion for Artisan Partners. In an interview with Bloomberg, Samra said that his fund's exposure to cash now stands at around 13 percent, which is close to the 15 percent maximum. The fund manager has been active...

Consumers in Britain have made it clear that cash is not king. According to Finextra, UK consumers opt to reach for their credit cards or other alternative forms of payment in more than 50 percent of all transactions. Back in 2014, the market share of cash payments dipped below the 50 percent mark...

It may come as a surprise to some that physical cash in circulation continues to rise at exceptional rates in developed countries despite the surge in online and digital payment systems like Paypal Holdings Inc (NASDAQ: PYPL) and Apple Inc. (NASDAQ: AAPL) digital wallet, Apple Pay. In fact,...