Warren Buffett has issued a massive warning on the dangers of protectionism, arguing that trade should not be used as a political weapon and calling tariffs “an act of war” that can lead to damaging consequences. “Trade tariffs are an act of war… Trade s...
Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb) reported a 14% drop in first-quarter operating earnings to $9.64 billion, down from $11.22 billion a year earlier, as insurance underwriting income declined sharply. Insurance underwriting operating income fell 49% year-ove...
President Donald Trump’s return to the White House has brought a fast-paced first 100 days, filled with many executive orders and major policy changes. As the oldest president ever inaugurated, Trump is pursuing an aggressive agenda aimed at remaking the federal gov...
Bitcoin is showing signs of diverging from its risk-asset identity, behaving more like a hard asset in economic environments where gold typically underperforms, as per analysts at Citi Research. In a recent report, Citi analysts said Bitcoin has outperformed during ...
U.S. President Donald Trump is set to unveil his fiscal year 2026 budget this Friday, according to a report by Axios on Thursday. The budget will be sent to Capitol Hill for consideration. The White House’s annual budget request contains detailed proposals outlining...
President Donald Trump announced on Thursday his intention to nominate Mike Waltz, his national security adviser, as the next U.S. Ambassador to the United Nations. This announcement came through a post on the social media platform, Truth Social. Trump praised Waltz...
Crypto Daily – North Carolina’s House of Representatives has advanced legislation aimed at allowing the state to invest public funds in Bitcoin, a move that could set a national precedent if enacted. BTC Exposure Through Regulated Products The proposed...
Endeavour Mining Corp (TSX:EDV) generated a record free cash flow of $409 million in the first quarter—up 53% from the prior three months. The result reflected improved cash conversion following the company’s recent growth phase and helped drive a substantial reduct...
Shares of Travis Perkins PLC (LON:TPK) climbed 1.25% following the company’s announcement of the sale of its non-core business, Staircraft, to Gait Consulting for £24 million, a move aimed at bolstering the company’s balance sheet and focusing on its core operations...
European equity indices edged higher in tight trading ranges Wednesday, as investors waded through a deluge of quarterly corporate earnings ahead of the release of key regional growth data. At 03:02 ET (07:02 GMT), the DAX index in Germany climbed 0.3%, the CAC 40 i...