News

Berkshire shares rise on surge in operating earnings, but questions linger about cash

The conglomerate's operating profit — earnings from the company's wholly owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.

Here's why Trump tariffs may raise your car insurance premiums

If they take effect, tariffs are expected to raise costs for insurers to repair or replace cars, meaning higher premiums for auto insurance.

China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions

China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.

The Fed is stuck in neutral as it watches how Trump’s policies play out

With an abundance of unknowns, the only gear the central bank really can be in these days is neutral.

This ETF provider thinks it's time to rethink investing in China

Investors may want to reduce their exposure to the world's largest emerging market.

Warren Buffett amasses more cash and sells more stock, but doesn't explain why in annual letter

"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."

Read Warren Buffett’s latest annual letter to Berkshire Hathaway shareholders

Warren Buffett released Saturday his annual letter to shareholders.

Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion

Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.

Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

Walmart is coming off a tough week after delivering a slowing profit growth forecast.

Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.

GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.

Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more

The Treasury set a March 21 deadline to report "beneficial ownership information" after a Texas court lifted a block on enforcement.
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