Wall Street

Berkshire Hathaway’s operating earnings increase 12% in the first quarter, cash hoard tops $130 billion

Earnings for Warren Buffett’s Berkshire Hathaway jumped in the first quarter, thanks in part to a rebound in the conglomerate’s…

Here’s what’s going on at Warren Buffett’s shopping extravaganza for shareholders

Berkshire Hathaway‘s annual shareholder meeting this weekend is kicking off with a shopping extravaganza. Called the “Berkshire Bazaar of Bargains,”…

Warren Buffett’s successor Greg Abel is wooing shareholders, but some questions remain

To say Warren Buffett’s successor Greg Abel has big shoes to fill would be an understatement. The vice chairman for…

Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue

The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty…

Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favorite child Geico is in trouble

Berkshire Hathaway shareholders attending this year’s meeting will want to know more about the company Warren Buffett once called his…

After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation

After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…

Michael Milken says recent crisis is the same mistake banks have been making for decades

Famed investor Michael Milken said Tuesday that the current banking crisis stemmed from a classic asset-liability mismatch that has played…