Investors interested in comparatively less risky returns through exposure to both growth and value securities may opt for mid-cap blend mutual funds. While mid-cap funds are expected to offer the best of both large- and small-cap ones, blend funds, also known as “hybrid funds,” aim for value appreciation by capital gains.
» Read more about: 3 Top-Ranked Mid-Cap Blend Mutual Funds for Outstanding Returns »
When Greg Abel becomes Berkshire Hathaway’s new CEO next year he will of course take on additional responsibilities, but with Warren Buffett remaining as chairman, the surprise change announced at the annual meeting over the weekend is in some ways just another milestone in the company’s succession plans.
Shareholders have been worrying about how to replace the world’s greatest investor for decades — even before the 94-year-old hit a typical retirement age.
» Read more about: Warren Buffett won’t walk away from Berkshire Hathaway entirely »
By JOSH FUNK
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire.
Stay ahead with insights on Fed decisions, key earnings reports, and market trends, including analysis of tariffs and shipping rates.
Nobody knows how the U.S.’s trade war and negotiations with other countries will shake out for the economy. But Wall Street is taking slightly more caution than usual on the months ahead regardless.
Wall Street is pointing toward losses Tuesday ahead of a two-day meeting of the Federal Reserve, which is facing the diametrically opposed challenges of potential inflation and a softening employment …
» Read more about: Wall Street falls for a second day ahead of Federal Reserve meeting »
By JOHN LEICESTER, Associated Press
PARIS (AP) — Fearful that the kidnappers might sever another finger from their hostage or worse, the French police commander ordered his officers — with a radioed “Go” command — to raid the house where he suspected that the father of a wealthy cryptocurrency entrepreneur was being held.
Protests from furious factory workers in China demanding back pay are spreading across the country after President Trump’s tariffs on Chinese imports began impacting the communist nation’s economy.
Unrest has been reported across the country as workers have taken to the streets protesting unpaid wages and challenging unfair dismissals following the closures of factories squeezed by US tariffs,
Tesla(NASDAQ:TSLA) shares are charging ahead, soaring 26% in just two weeks after Elon Musk hit the brakes on his political distractions to zero in on the company’s core mission. During the latest earnings call, Musk signaled a renewed commitment to Tesla – and investors wasted no time rewarding the shift.
» Read more about: ‘The Comeback Has Legs,’ Says Investor About Tesla Stock »