In his latest shareholder letter, released on Saturday, Warren Buffett shared several important business lessons. Buffett emphasized the inevitability of mistakes in business and the importance of acknowledging […]
Economy
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Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
The mystery surrounding Warren Buffett’s defensive financial strategy deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and increased the […]
Economy
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Bybit hackers may be behind Solana memecoin scams — ZachXBT
Onchain investigator ZachXBT has suggested that the Lazarus Group, the primary suspect behind the $1.4 billion Bybit hack, may also be linked to recent Solana memecoin scams, including […]
Economy
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We’ve entered the era of scaredy-cat capitalism
Corporate America is experiencing heightened anxiety under the second Trump presidency, characterized by uncertainty and erratic policy decisions. While businesses appreciate deregulation and potential tax benefits, the unpredictable […]
Economy
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Forget quiet luxury: America’s wealthy 1% are adopting a bolder new approach
The article discusses the evolving spending habits of America’s wealthiest 1%, who are moving away from understated luxury towards a more conspicuous display of wealth. This shift is […]
Economy
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Walmart Issues Warning on Future Sales Amid Economic Uncertainty
Walmart (WMT) has shown strong performance during the 2024 holiday season, with a 4% year-over-year revenue increase and a 4.6% spike in U.S. comparable sales, driven by higher […]
Economy
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Trump’s regulatory rollback gives automakers a choice on EVs. Will they change course?
Washington — The Trump administration’s efforts to ease emissions and fuel economy rules may allow U.S. automakers to slow their electric vehicle (EV) plans. However, industry experts warn […]
Economy
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Billionaire Warren Buffett Builds Record $334 Billion Cash Position Amid Equity Sell-Off
Investing legend Warren Buffett has accumulated a record $334 billion cash position at Berkshire Hathaway, according to the company’s latest fourth-quarter and annual earnings reports. Buffett has continued […]
Economy
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Trump tariffs promise chaos, but China’s Xi Jinping may be the biggest threat to the global economy, former Treasury official warns
A former Treasury official has warned that while Trump’s tariffs are expected to create significant disruption, Chinese President Xi Jinping could pose the most substantial risk to the […]
Economy
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FDA Begins to Rescind Firings, Calls Some Employees Back to Work
The FDA has started reversing termination notices for some employees who were laid off, asking them to return to work after mass firings a week ago. The affected […]