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Economy

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…

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. ...

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Crypto World

1
Cryptocurrency

Morpho’s $175M raise shows where crypto VC money is flowing

June 13, 2026

Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs' latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam MacPherson.Morpho announced Tuesday…

2
Cryptocurrency

Bitcoin sales are necessary for Strategy’s digital credit business, Saylor says

June 13, 2026

Michael Saylor, executive chairman of Strategy, defended the company's recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing "digital credit."Strategy disclosed its first reported Bitcoin sale since 2022 in…

3
Cryptocurrency

Anthropic’s Mythos AI finds no more ‘serious’ bugs in Zcash: Wilcox

June 13, 2026

Zcash founder Zooko Wilcox said a security audit by Anthropic's Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency's protocol.Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash,…

4
Cryptocurrency

SEC plan to scrap ‘Rule 611’ positive for tokenized US stocks: Galaxy

June 12, 2026

The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major legal barrier for tokenized US stocks.The SEC on Thursday proposed to scrap two rules in…

Economy

Economy

UAE denies ‘false’ reports of fund transfer to Iran

June 13, 2026
Economy

From 10% chance of success to $2 trillion market cap: SpaceX’s historic IPO

June 13, 2026
Economy

Trump says peace deal will be signed Sunday after Iran said it remains cautious on timing

June 13, 2026
Economy

ChatGPT hits a billion monthly app users despite souring public AI sentiment

June 12, 2026
Economy

SpaceX’s Gwynne Shotwell says IPO is one small step in ‘very futuristic’ journey

June 12, 2026
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