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Quick Read Buffett transferred $6 billion in BRK-B directly to four family foundations, excluding the Gates Foundation for the first time in 20 years. Buffett cited Bill Gates’ disclosed ties to Jeffrey Epstein as the reason for ending nearly $48 billion in donations spanning two decades. Buffett’s total philanthropic commitment of $200 billion is the…

With 131 hedge funds holding stakes in the stock, JPMorgan Chase & Co. (NYSE:JPM) is among the 8 Best Stocks to Buy Following Federal Reserve Pivot Expectations. On July 9, Keefe Bruyette raised its price target on JPMorgan Chase & Co. (NYSE:JPM) to $370 from $363 while maintaining an Outperform rating on the shares. The firm noted…

For more than 130 years, the Dow Jones Industrial Average (DJINDICES: ^DJI) has served as one of Wall Street’s most-watched health barometers. It’s expanded from an industrial-dominated 12-stock index to one that now houses 30 diverse, multinational businesses. It’s also an index built around change. Since May 1896, there have been 54 instances in which…

(This is a special breaking news edition of the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) BUFFETT ACCELERATES DONATIONS SETS GOAL TO ‘DISPOSE OF ALL’ HIS SHARES IN EIGHT YEARS GIVES $6B TO…

Warren Buffett has not included the Bill Gates Foundation on his list of annual donations this year. The decision comes after the Gates’ association with convicted sex offender Jeffrey Epstein has been disclosed. Warren Buffett’s latest philanthropy plan leaves the Bill Gates Foundation off the list Warren Buffett has omitted the Bill Gates Foundation from…

Battery energy storage system, or BESS, prices in India have risen by about US$15/kWh in recent months to around US$80/kWh on a landed, post-duty DC container basis, sharply slowing procurement, according to Ambit Institutional Equities. Ambit said the industry now expects only about 5GWh of incremental installations in FY27, taking cumulative installed capacity to 13-15GWh,…

© shurkin_son / Shutterstock.com Retirement doesn’t always mean the end of your working years. Many people continue working after they begin collecting Social Security, whether it’s to earn extra income, stay socially engaged, maintain a sense of purpose, or simply have a reason to leave the house. And a part-time job or consulting work could…

Andrew Keel, Chief Executive Officer at Keel Team Mobile Home Park Investments, overseeing the company’s acquisitions and investor relations Mobile home parks have quietly become one of the most talked-about niches in commercial real estate. With approximately 20 million Americans living in manufactured or mobile homes and an estimated 43,000+ manufactured home communities across the…

Revisions Made the NFP Miss Look Worse The NFP headline is bad enough but the revisions are sealing it. May was revised down to 129,000 and April got cut too. Three straight months of downward revisions tell you the labor market was already softer than anyone thought before June confirmed it. Unemployment dropped to 4.2%…

Analysts had anticipated a larger 3.8 per cent CPI uptick, according to economists surveyed by Dow Jones Newswires and The Wall Street Journal. “This was the largest moderation in US price growth for six years and it drastically reduces the chance of a rate cut at this month’s (Federal Reserve’s monetary policy committee) meeting,” said…