Stifel told The Times of London it investigated the matter involving two UK-based employees and took "appropriate action."
The Berkshire Hathaway investor says he lost "quite a bit of money" betting on the media company. Let's try to figure out how much that is.
Gold prices edged higher on Tuesday, steered by bets that the U.S. Federal Reserve would cut interest rates later this year and safe-haven demand for bullion as Gaza ceasefire remains uncertain. Spot gold was up 0.1% at $2,324.75 per ounce, as of 0148 GMT after rising more than 1% in the previous session. Fed Bank of New York President John Williams said on Monday that at some undefined point the U.S. central bank will lower its interest rate target.