Category: Uncategorized

The final change of the guard at the storied Berkshire Hathaway (BRK-B). Berkshire Hathaway said Friday that Warren Buffett, 96, will step down as chairman effective immediately. He will move to the chairman emeritus role. In his place as chair will be his son Howard G. Buffett, as has been telegraphed would happen for years.…

Warren Buffett is stepping aside as Berkshire Hathaway chairman, he announced in a letter to shareholders Friday. The 96-year-old will become chairman emeritus and stay on the company’s board of directors, Berkshire said. Buffett’s son, Howard Buffett, will become Berkshire’s new chairman under terms of a longstanding successor plan, the company said. “Father Time always…

Bloom Energy (BE) Stock Trades Up, Here Is Why What Happened? Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) jumped 4.3% in the morning session after the company published a report demonstrating that its 800V DC-native fuel cell architecture can cut capital expenditures and operating costs for AI data centers. In a…

For more than half a century, Warren Buffett steered the ship at Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB). His generally conservative approach worked phenomenally well, with Berkshire’s Class A shares (BRKA) outpacing the benchmark S&P 500 (SNPINDEX:^GSPC) by more than 6,000,000% since the mid-1960s. But when the Oracle of Omaha retired on Dec. 31, perhaps so did Berkshire’s…

The U.S. Federal Reserve is increasing its efforts to tamp down inflation. On Wednesday, U.S. Federal Reserve Chair Kevin Warsh announced that the central bank is raising its benchmark rates by 0.25%. The 12-member policymaking board, including Trump-appointed U.S. Federal Reserve Chair Kevin Warsh, voted unanimously in favor of the rate increase. The effort comes…

Per the U.S. agency’s official schedule for September, the Social Security Administration (SSA) has just one payment run remaining this month, as it distributes benefits for the following programs: September 2026’s three-Wednesdays cycle: status update Many of the U.S.’s Social Security beneficiaries are paid on the second, third or fourth Wednesday in each month, depending…

Hackers Used Anthropic’s Claude to Break Into OpenAI A bug-hunting independent security research team was able to access OpenAI’s internal code system, exposing growing risks in automated cyber threats. —- Christine Lagarde Helped Block Binance’s Foothold in Europe The ECB chief intervened to keep crypto’s biggest player, which pleaded guilty to financial-crime violations in the…

Vanguard, one of the world’s largest asset management corporations, was founded by John C. Bogle on May 1, 1975. Headquartered in Valley Forge, PN, the company had $12 trillion in assets under management globally as of Dec. 31, 2025. Vanguard had more than 20,000 employees worldwide as of Dec. 31, 2024, and offered 228 funds…

Warren Buffett did not become the face of the stock market by accident. Between 1965 and 2025, Berkshire Hathaway, the company he once led, compounded at about 19.7% a year. The S&P 500 (SNPINDEX: ^GSPC), with dividends included, managed a 10.5% return. This gap might look moderst on paper, but in terms of absolute dollars,…

Jeff Gundlach sees higher interest rates causing trouble for investors. The famed bond investor says higher rates risk triggering a recession and a “collision” in markets. It could lead to a wave of defaults as high rates hit vulnerable sectors of the economy, he said. The “Bond King” has a word of warning for investors:…