May 04 Some of Warren Buffett’s best and worst investments in his 60 years at Berkshire Hathaway By Josh Funk, Associated Press Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling… Continue reading
May 03 Watch 2:59 News Wrap: Warren Buffett warns against U.S. using trade as a weapon In our news wrap Saturday, investor Warren Buffet said at Berkshire Hathaway’s annual meeting that the U.S. should not use trade as a weapon, Trump’s tariffs on cars and car parts kicked in with changes meant to blunt the impact… Continue watching
May 03 Warren Buffett makes surprise announcement that he plans to retire at the end of the year By Josh Funk, Associated Press Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the… Continue reading
May 02 Wall Street sees 9th straight day of gains, reclaiming losses since Trump’s tariff escalation By Damian J. Troise, Alex Veiga, Associated Press The rally was spurred by a better-than-expected report on the U.S. job market and resurgent hope for a ratcheting down in the U.S. trade showdown with China. Continue reading
May 02 China says it’s open to trade talks, but high tariffs remain an obstacle By Elaine Kurtenbach, Associated Press “The tariff and trade wars were unilaterally initiated by the U.S., if the U.S. side wants to talk, it should show its sincerity, and be ready to take action on issues such as correcting wrong practices and canceling the unilateral… Continue reading
May 02 Employers added a surprising 177,000 jobs, unemployment remains low, as job market shows resilience By Paul Wiseman, Associated Press President Donald Trump's aggressive and unpredictable policies have clouded the outlook for the economy but Friday's report showed the damage isn't showing up in the labor market yet. Continue reading
May 01 WATCH: Senate defeats resolution to block Trump tariffs By Associated Press The 49-49 vote came weeks after the Senate approved a resolution that would have thwarted President Donald Trump’s ability to impose tariffs on Canada. Two senators were absent Wednesday. Continue reading
Apr 30 As Trump trade wars disrupt businesses, U.S. economy shrinks 0.3 percent in first quarter By Paul Wiseman, Christopher Rugaber, Associated Press The January-March expansion was the slowest in almost three years and was down from 2.4 percent in the last three months of 2024. Continue reading
Apr 29 WATCH: White House calls reports that Amazon might display tariff prices a ‘hostile and political’ act By Dan Cooney Amazon later clarified that listing tariff costs “was never a consideration for the main Amazon site and nothing has been implemented.”… Continue reading
Apr 29 WATCH: Bessent defends Trump’s ‘strategic uncertainty,’ says certainty ‘not necessarily a good thing in negotiating’ By Associated Press Treasury Secretary Scott Bessent said Tuesday that the economic uncertainty upending global financial markets is a tool President Donald Trump can use as he negotiates tariffs and trade deals… Continue reading