Warren Buffett Steps Down as Berkshire's Chair — Son Howard Takes to Succeed: 'Father Time Always Wins' (UPDATED)
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Editor’s Note: This story has been updated with additional details on Berkshire Hathaway’s succession plan.
Berkshire Hathaway Inc. said Friday that Warren Buffett has stepped down as chairman and will become chairman emeritus,
Federal Reserve rate hike reflects new world of sticky inflation and faster growth
By CHRISTOPHER RUGABER
WASHINGTON (AP) — President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say.
The economy is growing steadily despite being hit with repeated shocks — and may even be accelerating — while inflation remains stubbornly high.
Read More4 Best Small-Cap Tech Stocks for 2026 and How to Invest
Inseego (INSG +1.23%) designs and sells wireless network hardware and provides software for companies to deploy and remotely manage devices connected to their networks. As next-gen 5G technology networks are being built, demand for Inseego’s antennas and other infrastructure gear is accelerating.
Since remote work became normalized during the COVID-19 pandemic,
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Read MoreThe Average Monthly Social Security Check Is $2,086. Here’s the 401(k) Balance You’d Need to Match It
Most retirees lean on Social Security as a financial lifeline, but pairing it with 401(k) withdrawals could transform a bare-bones retirement into a genuinely comfortable one. The catch is hitting a very specific savings target, and how you get there…
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Read MoreGlobal physical gold-backed ETFs see 27.1 tonnes inflow, marking 11th straight week of gains
Gold ETFs just strung together their eleventh consecutive week of positive inflows, absorbing 27.1 tonnes of physical gold worth roughly $3.9B. Total global gold ETF holdings have now reached an all-time high of 4,189 tonnes, with assets under management climbing to $615B.
The numbers behind the streak
August was the month that really set the tone.
Read MoreThe Burst
Why Did NVIDIA Invest In Little-Known AI Stock?
For nearly two years, the stock market has been steadily bidding up companies like NVIDIA and Microsoft that have emerged as front-runners in the AI race. In addition to these mega-cap companies, though, there are also many smaller companies trying to fill niche spaces in the AI market.
One such company is Nebius Group (NASDAQ:NBIS),
» Read more about: Why Did NVIDIA Invest In Little-Known AI Stock? »
Read MoreThe Ivy
2 Stocks Set To 2x In 24 Months
It’s been a volatile stretch for the markets. Between trade tensions, economic jitters, and mixed signals from policymakers, investors have had no shortage of reasons to stay on edge. The S&P 500 has slipped into correction territory, down more than 10% from its highs thanks in part to uncertainty over tariffs and recession fears.
But for seasoned investors,
» Read more about: 2 Stocks Set To 2x In 24 Months »
Read MoreThe Spotlight
Spotlight: Why Tesla Crushes Competitors
“Tesla is nothing more than a car company.” That’s the line skeptics used to repeat when trying to downplay the firm’s valuation.
“How could a car company be worth nearly a trillion dollars? And why would a single car manufacturer be valued at almost as much as the sum total of all other car makers combined?”
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