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.
Carl Icahn disclosed an 8.48% stake in Hertz Global Holdings on Wednesday after the rental car company's stock was rocked because of its latest mishap�operational problems that caused the company to withdraw its financial guidance for 2014.
(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.
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.