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Category: Economy

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes
Economy

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes

May 5, 2025

...

Trump posts AI-generated photo of himself dressed as the pope
Economy

Trump posts AI-generated photo of himself dressed as the pope

May 4, 2025

President Trump earlier this year jokingly called himself a "king" after he moved to end the congestion pricing program in…

Berkshire shareholders are ‘stunned’ as Warren Buffett announces plan to step down after 6 decades
Economy

Berkshire shareholders are ‘stunned’ as Warren Buffett announces plan to step down after 6 decades

May 4, 2025

Berkshire Hathaway shareholders had no idea how historic this year's event would be. ...

Greg Abel is the successor to Warren Buffett at Berkshire Hathaway. Here’s how he got there
Economy

Greg Abel is the successor to Warren Buffett at Berkshire Hathaway. Here’s how he got there

May 4, 2025

Warren Buffett's successor is expected to officially be the new Berkshire Hathaway CEO at the end of this year. ...

6 big things investors learned from Warren Buffett at this year’s Berkshire shareholder meeting
Economy

6 big things investors learned from Warren Buffett at this year’s Berkshire shareholder meeting

May 4, 2025

Here's CNBC's biggest takeaways from the annual gathering. ...

End of an era: Warren Buffett will ask Berkshire board to replace him as CEO with Greg Abel
Economy

End of an era: Warren Buffett will ask Berkshire board to replace him as CEO with Greg Abel

May 4, 2025

Buffett said he will still 'hang around' to help, but the final word on company operations and capital deployment would…

Chevron to slow pace of share buybacks as Trump tariffs and OPEC+ production weigh on oil prices
Economy

Chevron to slow pace of share buybacks as Trump tariffs and OPEC+ production weigh on oil prices

May 2, 2025

U.S. crude oil prices have fallen as President Donald Trump's tariffs raise recession fears and OPEC+ pumps more oil. ...

Trump vows to revoke Harvard’s tax-exempt status: ‘It’s what they deserve!’
Economy

Trump vows to revoke Harvard’s tax-exempt status: ‘It’s what they deserve!’

May 2, 2025

Trump has sought to extract concessions and changes from Harvard and other schools by threatening to withhold federal research grants.…

Economy

Block plunges 20% as Cash App miss triggers downgrades

May 2, 2025

Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that may…

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Crypto World

1
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

Economy

Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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