Stocks staged a late day rally Wednesday as the S&P 500 rose for a third straight day and closed just short of its record. Trading was lackluster for much of day and even dipped after the 2 p.m.
(Adds Buffett admitting mistake). By Jonathan Stempel. Aug 20 (Reuters) - Warren Buffett's Berkshire Hathaway Inc agreed to pay an $896,000 fine to settle U.S.
Treasuries fell, led by shorter-maturity debt, after minutes of the Federal Reserve's July meeting raised the possibility that interest-rate increases may happen sooner than traders anticipated.
Hertz Global Holdings Inc. (HTZ) investor Fir Tree Partners, which holds more than 3 percent of the stock, is urging the company's board to replace Chief Executive Officer Mark Frissora because the firm disapproves of how he's running the car-rental provider.
Catch the news about the Monetary Policy Committee out of the corner of your eye, and you'd be mistaken for thinking something had happened.