'Spend wisely & ensure a stable economy': Warren Buffett's message to US government
OMAHA: In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway’s companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate while offering some advice to President Donald Trump.
Buffett opened the letter by acknowledging that he has occasionally made mistakes over the years without offering many specific examples,
Read MoreTrump tariffs promise chaos, but China’s Xi Jinping may be the biggest threat to the global economy, former Treasury official warns
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China’s lopsided trade flows and Xi Jinping’s focus on manufacturing may represent the biggest danger to the global economy,
Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
By CHRISTOPHER RUGABER
WASHINGTON (AP) — Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged.
According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump’s proposed tariffs and mass deportations of migrants,
Read MoreWhere Will Tesla Stock Be in 5 Years?
The electric vehicle maker is trying to expand into new product categories. Will it succeed?
Autonomous vehicles and artificial intelligence (AI). Robots. Energy storage. These are the many products promoted by Tesla (TSLA -4.68%) to drive future growth for this technology company.
» Read more about: Where Will Tesla Stock Be in 5 Years? »
Read More6 Great Commodity ETFs For 2025
Commodity ETFs can provide an important layer of diversification for your portfolio.
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Ready to move your portfolio beyond stocks and bonds? A commodity ETF may be your next investing move. Commodity exposure adds a layer of diversification to your portfolio,
» Read more about: 6 Great Commodity ETFs For 2025 »
Read MoreThe Burst
1 Rare Stock Buffett Is Buying
Warren Buffett has spent 2024 stockpiling cash, even going so far as to sell off sizeable pieces of some of his largest investments. Recently, though, Berkshire Hathaway announced that it had made some modest acquisitions, including the addition of nearly 388,000 shares of domain name registry service Verisign (NASDAQ:VRSN).
These purchases brought Berkshire Hathaway’s holdings in Verisign to 13.2 million shares,
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Read MoreThe Ivy
2 Billionaires Buy This Former Out-Of-Favor Bank, Why?
As recently as 2020, few analysts could have predicted that Stanley Druckenmiller, a billionaire who used to manage Quantum Fund with George Soros, would invest in Citigroup, a multinational banking company with a reputation for mismanaging funds and contributing to the Great Recession.
Despite those facts, Druckenmiller’s firm, Duquesne Family Office, bought more than 327,000 shares in Citigroup last quarter.
» Read more about: 2 Billionaires Buy This Former Out-Of-Favor Bank, Why? »
Read MoreThe Spotlight
Major European Fintech with 36% Upside?
Euronet Worldwide (NASDAQ: EEFT) isn’t particularly well-known on US shores but it sits at the intersection of financial technology and the growing demand for cross-border transactions.
If you’re not already familiar with the firm it has a pretty diverse portfolio of financial technology services that encompass ATMs,
» Read more about: Major European Fintech with 36% Upside? »