The Market

“ ‘Think about what Apple is worth compared to John D. Rockefeller’s empire.’ ” That’s Berkshire Hathaway BRK.A, -0.56% Vice Chairman Charlie Munger talking this week about the “frenzy” in the stock market as exemplified by Apple AAPL, -1.59%, which he deems as “the most dramatic thing that’s almost ever …

One week after authorizing the first COVID-19 vaccine for Americans, the Food and Drug Administration granted a second emergency authorization Friday, to Moderna Inc.’s COVID-19 vaccine. Moderna said it would begin delivering the vaccine to the U.S. government immediately, and expects to deliver 20 million doses by the end of …

Security-software stocks soared Friday, as investors bet that the fallout from one of the most devastating hacks in U.S. history will lead to increased security spending by companies and government agencies. The breach was executed through a vulnerability in ubiquitous network-monitoring software from SolarWinds Inc. SWI, -19.43%, which hackers believed …

Gold prices on Friday were set to take a pause from a recent series of gains that have taken it to around a six-week high, but the precious metal was on pace for its third consecutive weekly advance. Precious metals have been partly supported by central banks that have vowed …

A surge in big-ticket mergers and acquisitions and a boom in initial public offerings saw the world’s largest investment banks pull in $ 87.5 billion in 2020, as the COVID-19 crisis pushed revenues to a 13-year high.  That looks set to continue, as top deal makers expect a shift from …

The campaign by President Donald Trump and his allies to cast doubt on the legitimacy of the November elections has dealt long-lasting damage to U.S. democracy and will set up the nation for more drama on Jan. 6, when Congress formally tallies the electoral votes for president, election experts said …

The Bank of England decided on Thursday to leave its key rate unchanged at 0.1% and keep the ceiling of its government bond-buying program at £875 billion ($ 1.1 trillion), as it noted that the U.K. economy is currently developing in line with its expectations. The British central bank, after …

Dear Moneyist, For 10 years, my wife and I saved up and, in 2018, purchased our first home before we hit the age of 30. Over the last two years, events have not gone in our favor, especially with COVID-19. In March, I had to have gallstone surgery, and that’s …

Vice President Mike Pence plans to get the coronavirus vaccine live on TV on Friday, and President-elect Joe Biden will get his early next week, according to reports late Wednesday. Axios reported that Pence will get his shot Friday morning at the White House, and wants it to be carried …