News

The Wall Street titan said there is a "modest" risk of stagflation as tariffs create inflationary pressures and slow down the economy.

The Federal Reserve on Wednesday held its key interest rate unchanged as it awaits fluctuations in trade policy and the direction of a sputtering economy.

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in March.

Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.

Central bank policymakers can do little for now except sit and wait as events unfold.

U.S. markets moved lower Tuesday after Trump's comments on trade deals.

The widely followed investor believes stocks haven't found a bottom as macroeconomic conditions continue to deteriorate.

Americans are seeing prices fall in certain pockets of the U.S. economy.

Investors are processing Warren Buffett's surprise announcement to step down and envision a new path for the conglomerate after his legendary 60-year run.

Buffett said he would still hang around with company.

"Trade should not be a weapon," Buffett said. "The United States won. We have become an incredibly important country, starting from nothing 250 years ago."

Warren Buffett's Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in earnings from the year-earlier period.