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Category: Finance News

Warren Buffett says American banks could face more turbulence ahead, but deposits are safe

Berkshire Hathaway has owned banks from early on in Buffett’s long investing history, and he’s stepped up to inject confidence into lenders several times.

Published 6 May 2023
Categorised as Finance News

Warren Buffett says Berkshire Hathaway won’t take full control of Occidental Petroleum

Warren Buffett said Berkshire doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%.

Published 6 May 2023
Categorised as Finance News

Warren Buffett says Berkshire managers were surprised by economic slowdown, earnings to decline

Warren Buffett struck a pessimistic tone about Berkshire’s myriad of businesses, saying he expects an earnings decline in light of an economic slowdown.

Published 6 May 2023
Categorised as Finance News

Warren Buffett says letting Silicon Valley Bank customers go under would’ve been ‘catastrophic’

Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure Silicon Valley Bank clients didn’t lose money.

Published 6 May 2023
Categorised as Finance News

Oprah Winfrey almost turned down her first TV job—how a college professor changed her mind

Oprah Winfrey almost turned down her first tv job to pursue a career in teaching. How a college professor convinced her otherwise.

Published 6 May 2023
Categorised as Finance News

Buffett explains value investing: ‘What gives you opportunities is other people doing dumb things’

Value investing typically refers to buying underappreciated stocks or businesses and selling them at a higher value.

Published 6 May 2023
Categorised as Finance News

This dividend-paying fund may help protect investors during wild market swings

Capital Wealth Planning is recommending the Amplify CWP Enhanced Dividend Income ETF (DIVO) — which focuses on blue-chip companies.

Published 6 May 2023
Categorised as Finance News

26-year-old pays $1,157 a month for a 240-square-foot studio: ‘I didn’t even know they made apartments this tiny’

Chi Baik, 26, is a Ph.D. student at the University of Washington in Seattle and earns about $27,000 per year.

Published 6 May 2023
Categorised as Finance News

4 of the best places for cash as the Federal Reserve weighs a pause in interest rate hikes

Here are four of the best options for cash as the Federal Reserve raises interest rates and weighs a future pause.

Published 6 May 2023
Categorised as Finance News

Berkshire Hathaway’s operating earnings increase 12% in the first quarter, cash hoard tops $130 billion

Berkshire Hathaway’s operating earnings jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business.

Published 6 May 2023
Categorised as Finance News

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