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Category: Economy

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…

Trump calls on Fed once again to lower rates after solid April jobs report
Economy

Trump calls on Fed once again to lower rates after solid April jobs report

May 2, 2025

President Donald Trump issued his latest call for the U.S. Federal Reserve to lower interest rates, following a better-than-expected jobs…

U.S. payroll growth totals 177,000 in April, defying expectations
Economy

U.S. payroll growth totals 177,000 in April, defying expectations

May 2, 2025

Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate. ...

Economy

Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports

May 1, 2025

In its policy decision, the central bank highlighted that it will continue to raise its policy rate "if our economic…

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Crypto World

1
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…

2
Cryptocurrency

Changing Basel rules could unlock ‘huge’ liquidity for BTC: Analyst

March 15, 2026

The Basel III rules, which govern bank capital requirements, are set to be updated in 2026, and if Bitcoin (BTC) receives a lower risk rating in the revised rules, it could potentially trigger a “huge”…

3
Cryptocurrency

CLARITY Act 2026 odds ‘extremely low’ if not passed before April: Exec

March 15, 2026

The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to…

4
Cryptocurrency

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

March 13, 2026

Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest…

Economy

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
Economy

Fertitta in weekend deal talks to acquire Caesars, while billionaire Carl Icahn waits in the wings

March 15, 2026
Economy

How the Iran war could start to impact U.S. retail prices

March 13, 2026
Economy

Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’

March 13, 2026
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