Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday.
Category: Finance News
Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
Warren Buffett published his highly anticipated annual letter to Berkshire Hathaway shareholders on Saturday.
Esusu strives to help low-income buyers revive credit scores
CNBC’s John Fortt joins ‘Power Lunch’ to share the story of Wemimo Abbey, co-founder of Esusu, a platform for helping low-income individuals build credit health.
Here’s how to buy Treasury bills as some yields reach 5%, according to financial experts
Treasury bill yields have become more appealing after a series of interest rate hikes from the Federal Reserve. Here’s what to know about purchasing T-bills.
Stocks making the biggest moves midday: Beyond Meat, Live Nation, Yeti, Boeing and more
Beyond meat rallied on a smaller-than-expected loss for the previous quarter. Yeti fell on a Goldman Sachs downgrade.
Warren Buffett’s must-read annual letter arrives Saturday. Here’s what to expect from the investing legend
The 92-year-old chairman and CEO of Berkshire Hathaway is slated to release his annual shareholder letter Saturday alongside the conglomerate’s earnings.
Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according to a research paper.
Key Fed inflation measure rose 0.6% in January, more than expected
The core PCE price index was expected to increase 0.5% from a month ago and 4.4% on an annual basis, according to Dow Jones.
As emergency savings drop and credit card debt rises, an ‘ugly stew is brewing,’ warns advocate
As debt becomes more expensive, borrowers may be at increased risk for delinquencies. Here’s what to do before you get overwhelmed by your debts.
Fed’s Mester says she has hope that inflation can be brought down without a recession
In a CNBC interview, Mester said she sees the central bank’s benchmark interest rate having to rise above 5% and stay there for a while.