As one of the world’s most admired billionaires, Warren Buffett has long been synonymous with not just investing brilliance but also generosity. Earlier this year, the 94-year-old Berkshire Hathaway chairman announced that he intends to give away more than 99 percent of his estimated US$152.8 billion fortune to charity. The funds will be overseen by his three children – Susie,
Despite a steady labor market, many U.S. companies are under pressure to reduce costs because of global uncertainty linked to tariffs imposed by President Donald Trump. Finding out how artificial intelligence can make companies more efficient could lead to job losses.
» Read more about: Artificial intelligence playing a growing role in layoffs by US companies »
NEW YORK — Oil prices leaped and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
The Standard & Poor’s 500 index fell 68.29 points, or 1.1%,
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days. The Dow Jones Industrial Average ended little changed, and the Nasdaq composite lost 0.5%.
» Read more about: Wall Street’s rally stalls as US stocks post their 1st loss in 4 days »
A record number of retired workers have filed for Social Security benefits during the first five months of the year.
Social Security represents more than just a monthly check for most retired Americans. It’s a financial foundation that many, admittedly, would struggle to live without.
In each of the previous 23 years,
Consumers are starting to feel better about the trajectory of the US economy as President Trump has dialed back some of his most aggressive stances on tariffs and Americans come to terms with the economic reality that tariffs are here to stay.
The latest University of Michigan survey released Friday showed sentiment increased for the first time since December 2024,
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One of the hotter energy stocks of recent times cooled down on Friday. This is next-generation nuclear company Oklo (NYSE: OKLO),
The Trump administration’s on-again, off-again approach to trade policy has had a notable side-effect in recent weeks: Shipping costs have spiked.
Container rates between Shanghai and Los Angeles have nearly doubled since this time a month ago, according to the research company Drewry.
And in the near-term,
» Read more about: One unintended result from the trade war? Shipping costs have doubled. »
After gold and silver, platinum is emerging as a top investment option in 2025. Platinum has raced ahead of both gold and silver so far in 2025.
Year-to-date, both Gold and silver are up by 30% and 26%, respectively. However, the Platinum steals the show. Platinum has risen by a stunning 40% since January 1.
» Read more about: Platinum beats gold, silver so far in 2025. Is it the next big investment idea? »
