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Warren Buffett calls stock buyback critics ‘economic illiterate’ in Berkshire Hathaway annual letter

Buffett released his much-anticipated missive on Saturday.

Published 25 February 2023
Categorised as Finance News

Berkshire Hathaway fourth-quarter operating earnings fall 8%, cash hoard swells to nearly $130 billion

Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday.

Published 25 February 2023
Categorised as 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.

Published 25 February 2023
Categorised as Finance News

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.

Published 24 February 2023
Categorised as Finance News

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.

Published 24 February 2023
Categorised as Finance News

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.

Published 24 February 2023
Categorised as Finance News

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.

Published 24 February 2023
Categorised as Finance News

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.

Published 24 February 2023
Categorised as Finance News

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.

Published 24 February 2023
Categorised as Finance News

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.

Published 24 February 2023
Categorised as Finance News

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