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Financial News Around the World

Your home sale may leave you in a tax shock. Here’s how to reduce your capital gains tax bill

If you made a profit selling your home in 2023, that windfall could be subject to capital gains taxes. Here’s what sellers need to know this season.

Published 24 February 2024
Categorised as Finance News

Warren Buffett calls the late Charlie Munger ‘part older brother, part loving father’ in heartfelt tribute

In his must-read annual letter Saturday, the 93-year-old “Oracle of Omaha” detailed Munger’s instrumental role in helping him expand his conglomerate.

Published 24 February 2024
Categorised as Finance News

Read Warren Buffett’s 2024 annual letter to shareholders

In it, he renders a tribute to his longtime friend and right hand man Charlie Munger, who died late in 2023.

Published 24 February 2024
Categorised as Finance News

Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record

The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December.

Published 24 February 2024
Categorised as Finance News

Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says

Credit card APRs are at all-time highs. One reason: Issuers appear to be raising their profit margins, according to the Consumer Financial Protection Bureau.

Published 23 February 2024
Categorised as Finance News

Economic boost from Taylor Swift’s Eras Tour could be overstated, Nomura warns

While the firm said the concert’s effect on local economies was undeniable, it may have a smaller imprint on national-level economic data than some think.

Published 23 February 2024
Categorised as Finance News

Stocks making the biggest moves midday: Warner Bros. Discovery, Rivian, Block, Live Nation and more

These are the stocks posting the largest moves in midday trading.

Published 23 February 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Block, Live Nation, Carvana, Booking Holdings & more

These are the stocks posting the largest moves in premarket trading.

Published 23 February 2024
Categorised as Finance News

German central bank losses soar, wiping out risk provisions

Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year.

Published 23 February 2024
Categorised as Finance News

Germany’s housebuilding sector is in a ‘confidence crisis’ as the economy struggles

Germany’s housebuilding sector has gone from bad to worse in recent months as it is in a “confidence crisis,” one CEO says.

Published 23 February 2024
Categorised as Finance News

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