During a family trip to Tuscany celebrating my father’s 80th birthday, I reflected on the stark contrast between my parents’ comfortable retirement and the uncertain future for millennials. […]
Economy
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LA’s Ports Struggle Under Trump Tariffs Impacting US Economy
Southern California is not only known for its celebrities but also for its bustling ports. The San Pedro Bay port complex, which includes the Port of Los Angeles […]
Economy
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Berkshire Hathaway’s Cash Pile Reaches Record $347.7 Billion Amid Stock Sales
Warren Buffett’s Berkshire Hathaway has reported a record cash pile of $347.7 billion, reflecting ongoing stock sales for the tenth consecutive quarter. The company’s operating earnings dropped more […]
Economy
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Warren Buffett Criticizes US Fiscal Deficit but Avoids Comment on DOGE
During Berkshire Hathaway’s annual shareholder meeting, Warren Buffett expressed concerns about the United States’ fiscal deficit, describing it as “unsustainable.” He noted that managing government revenue and expenses […]
Economy
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Trump Dismisses Recession Fears Amid Trade War Tensions
President Donald Trump has played down concerns regarding a potential recession stemming from the ongoing trade war with several developed nations. In a recent interview with NBC News, […]
Economy
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Recession Warning: Job Market Faces Potential Downturn
Technically, a recession is not declared until there are two consecutive quarters of GDP contraction. However, the U.S. economy already shrank by 0.3% in the first quarter of […]
Economy
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U.S. Economy Demonstrates Strength Despite Trade Challenges
The U.S. economy has shown remarkable resilience in the face of trade turmoil. According to recent reports, hiring remained strong during the early days of the tariff policy, […]
Economy
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UPS and USPS Announce Major Job Cuts Amid Operational Changes
Both UPS and the U.S. Postal Service (USPS) have announced significant job cuts as part of efforts to streamline operations and reduce costs. UPS plans to eliminate 20,000 […]
Economy
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Warren Buffett Announces Retirement and Criticizes Trade War’s Impact on America
OMAHA, Neb. – Warren Buffett has urged the United States to end its trade war, stating that trade should not be used as a weapon. During his annual […]
Economy
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Warren Buffett Criticizes Trump’s Trade Policies and Warns of Tariff Uncertainty
Warren Buffett has expressed criticism towards President Trump’s trade policies, highlighting concerns over tariff uncertainties. In a recent report, Berkshire Hathaway’s operating earnings have dropped more than anticipated. […]