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Warren Buffett's Daughter-In-Law Says He Used To Give $10K Christmas Cash — But Switched To Stocks Because 'As Soon As We Got Home, We'd Spend It!'

Some families hand out sweaters, scented candles, or whatever they grabbed during a last-minute department-store sprint. But Warren Buffett — the famously frugal billionaire and longtime chairman of Berkshire Hathaway — had a very different approach to holiday giving. The Oracle of Omaha treated his loved ones the same way he treats the market: with a long game in mind.

 » Read more about: Warren Buffett's Daughter-In-Law Says He Used To Give $10K Christmas Cash — But Switched To Stocks Because 'As Soon As We Got Home, We'd Spend It!'  »

Federal Reserve releases new guidance for bank oversight in move praised by industry

WASHINGTON (AP) — The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor.

In a set of sweeping changes, the principles call for bank examiners to focus on material financial risks and to “not become distracted from this priority by devoting excessive attention to processes,

 » Read more about: Federal Reserve releases new guidance for bank oversight in move praised by industry  »

Dow Jones & Nasdaq 100 Stabilize with Nvidia Earnings, FOMC Ahead

Later on Wednesday, the FOMC Meeting Minutes will fuel speculation about a December Fed rate cut. Hawkish minutes underscoring concerns about inflation would likely weigh on US stock futures. On the other hand, a greater focus on a cooling labor market could lift sentiment.

Ahead of today’s minutes, Several FOMC members have poured cold water on hopes for further monetary policy easing,

 » Read more about: Dow Jones & Nasdaq 100 Stabilize with Nvidia Earnings, FOMC Ahead  »

ARK Invest scoops $10M in Bullish as it hits record low amid crypto stock rout

Cathie Wood’s ARK Invest ramped up its exposure to crypto exchange Bullish on Monday, buying $10.2 million worth of shares as its stock slid to a fresh record low during a brutal downturn for publicly traded crypto firms.

According to ARK’s daily trade disclosure, the ARK Innovation ETF (ARKK) added 191,195 Bullish shares,

 » Read more about: ARK Invest scoops $10M in Bullish as it hits record low amid crypto stock rout  »

Apple (AAPL) Valuation: Is There More Upside After Recent Gains?

Apple (AAPL) stock has moved slightly over the past week, showing a small decline but maintaining gains from the previous month. With no major events steering the market, investors are now focused on recent performance trends.

See our latest analysis for Apple.

Apple’s latest share price has settled at $267.46 after a modest pullback this week,

 » Read more about: Apple (AAPL) Valuation: Is There More Upside After Recent Gains?  »

Even in retirement, former police lieutenant plans to ‘keep showing up’ for the community

photo by: Mike Yoder

Myrone Grady, a former lieutenant from the Lawrence Police Department, is pictured in October 2025 shortly after his retirement.

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When Lt. Myrone Grady appeared in a Topeka courtroom accused of hitting a man while off duty at a kids’ basketball game,

 » Read more about: Even in retirement, former police lieutenant plans to ‘keep showing up’ for the community  »

Chicago cryptocurrency company founder indicted in $10 million money laundering scheme

The founder of a Chicago cryptocurrency firm has been indicted on federal charges, accused of laundering $10 million in illicit proceeds from wire fraud and drug crimes.

Firas Isa, 36, founder and CEO of Virtual Assets LLC, which did business as Crypto Dispensers, was indicted in September on one count of money laundering conspiracy.

 » Read more about: Chicago cryptocurrency company founder indicted in $10 million money laundering scheme  »

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