Warren Buffett bought $90 million of this stock in 30 days
In the second half of 2023, Warren Buffett’s extensive selling, particularly of Bank of America (NYSE: BAC) shares, spooked many traders about the state of the economy as the legendary ‘Oracle of Omaha’ built a massive cash pile.
More recent trends,
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Read MoreTrump transition: How will the president-elect address US economic concerns?
A new AP poll found that only 25% of Americans say President Joe Biden was a good or great president, which is lower than Donald Trump and Barack Obama when they left office. The economy is at the heart of these frustrations. Senior Editor at The Hill Jesse Byrnes and Bloomberg Global Economic Reporter Enda Curran join On The Hill to discuss Trump’s policy goals with taxes and trade and what we can expect in the Trump transition.
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Read MoreTikTok On The Brink: The Economic And Cultural Cost Of A US Ban
Jan 11, 2025,12:48pm EST
TikTok Ban Seems More Likely After The Supreme Court Weighs Arguments“,”scope”:{“topStory”:{“index”:1,”title”:”TikTok Ban Seems More Likely After The Supreme Court Weighs Arguments”,”image”:”https://specials-images.forbesimg.com/imageserve/6782ad00f4ce9d30eb81a34f/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Jan 11, 2025″,”hourMinute”:”12:48″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1736617701753},”uri”:”https://www.forbes.com/sites/johnbbrandon/2025/01/11/a-tiktok-ban-seems-more-likely-after-the-supreme-court-weighs-arguments-for-and-against/”}},”id”:”9e4imbgk9g9k00″},{“textContent”:”
Jan 10, 2025,01:37pm EST
LA Fires Have Brought Out Finger Pointing And Misinformation“,”scope”:{“topStory”:{“index”:2,”title”:”LA Fires Have Brought Out Finger Pointing And Misinformation”,”image”:”https://specials-images.forbesimg.com/imageserve/6781673e0781e3212803bdd9/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Jan 10,
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Read MoreBig US banks set for $31bn quarterly profit as Wall Street business booms
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Read MoreTrump will inherit a housing market creaking under the strain of high prices and high interest rates
President-elect Donald Trump is inheriting a housing market that looks nothing like it did in his first term.
Affordability, measured by average home prices and mortgage rates, has markedly deteriorated and is coloring consumers’ attitudes toward the economy as a whole.
Buying and selling activity has slowed dramatically as homeowners stay put to avoid giving up the low-rate mortgages they got before 2022.
Read MoreThe Burst
84.2% of Bill Gates Portfolio In 4 Stocks
If you went to an Ivy League business school, you would probably learn about diversification and efficient markets, and how it’s not possible to beat the market. Why then do so many billionaires violate the tenets of top academics?
In simple terms, when you have an information advantage, or a winning investment thesis,
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Read MoreThe Ivy
Market Commentary: 1 E-commerce Juggernaut Flying Under the Radar
Sometimes the future arrives early and that certainly seems to be the case for JD.com, which owns a fleet of drones for rural delivery services that serve 30 million people in remote parts of China.
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