Category: Uncategorized

LAS VEGAS (AP) — Appeals from American tourism organizations seemed to be everywhere Josh Loewen looked over the last year. Billboards and banners proclaimed a state or city’s love for Canada. Online and social media ads offered special deals for travelers from north of the border. As a Vancouver resident and marketing executive himself, Loewen…

Warren Buffett’s already Dow-heavy equity portfolio is starting to look even more like the Dow Jones index. That is thanks to Berkshire Hathaway’s (BRKB) recently initiated and rapidly growing position in Google stock. Two Simultaneous Feats For Google Stock In Q2 Google-parent Alphabet (GOOGL) entered the blue-chip Dow Jones Industrial Average in the second quarter…

Kevin Warsh used his first Jackson Hole speech as Fed Chair to deliver a message Wall Street didn’t particularly want to hear: if inflation keeps dragging its feet, interest rates are going back up. Speaking at the annual symposium on August 28, Warsh pointed to persistent price pressures and made clear the central bank isn’t…

Warren Buffett’s Berkshire Hathaway just made it clear that its interest in The New York Times isn’t a one-time move. After tripling its position in the first quarter of 2026, Berkshire (BRK.B) added even more New York Times (NYT) stock in the second quarter, growing its share count by more than 3.5%, according to Berkshire…

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. The government will release August inflation figures Sept. 11, and if that report shows inflation continues to cool, then Waller…

The S&P 500 (^GSPC -0.38%) and Nasdaq Composite (^IXIC -0.29%) have added 13% and 14%, respectively, this year. The driving force behind those gains has been strong corporate earnings growth, particularly among technology companies. However, the Federal Open Market Committee recently published the minutes from its July meeting, and they included a warning for investors:…

(CNN) — The US labor market in August roused from its early summer slumber by adding 162,000 jobs, more than double what economists had expected, while the unemployment rate remained at 4.1%, new data from the Bureau of Labor Statistics showed Friday. August’s job gains – which are the strongest since March – mark a…

The Vanguard S&P 500 ETF (VOO -0.38%) is one of the most popular ETFs in existence, and for good reason. It tracks the S&P 500 (^GSPC -0.38%), holding stocks from 500 of the largest and most profitable companies in the U.S. Many of these companies have decades of experience recovering from recessions, bear markets, and…

Dr. Doom sounds more like Dr. Boom these days, but Nouriel Roubini still sees plenty of risks looming over the US economy. The economist, who’s often referred to as “Dr. Doom” for his bombastic and frequently bearish predictions in markets, laid out his top fears about the macro environment speaking to Bloomberg this week. Roubini,…

Interest rates are the primary tool that the Federal Reserve uses to calm or jump-start the economy. When it cuts its benchmark rates, markets usually rise, as lower costs to borrow spur companies to invest, transact, and acquire. That, in turn, leads to economic growth and, typically, rising stock prices. That’s the good news. When…