Xiaomi bets big on its new electric vehicle — targets 20 million premium users
BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric…
This shift in the Treasury market may set investors up for solid gains
Investor sentiment toward intermediate-term Treasury bonds may be changing. Schwab Asset Management’s David Botset is seeing more flows into bonds…
Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size
Berkshire Hathaway‘s Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer…
Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record
Berkshire Hathaway on Saturday reported a big rise in operating earnings in the fourth quarter, thanks to huge gains in…
Read Warren Buffett’s 2024 annual letter to shareholders
Warren Buffett released Saturday his annual letter to shareholders. In it, he renders a tribute to his longtime friend and…
Warren Buffett calls the late Charlie Munger ‘part older brother, part loving father’ in heartfelt tribute
Warren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect…
Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says
Credit card interest rates have ballooned to record highs in recent years — and the growing portion of the formula…
German central bank losses soar, wiping out risk provisions
Losses incurred by the German central bank rocketed into the tens of billions in 2023 due to higher interest rates,…
