Yesterday, President Obama announced a long-awaited proposal to cut corporate taxes in America, which U.S. businesses complain are much too high by international standards. The proposed reform is intended to prevent companies …
By all accounts, Porsche makes some pretty amazing automobiles. But do cars that sell for $80K and $95K belong on a list naming the best values for consumers?
A week after disclosing that he had dived headlong into stocks dependent on a strong economy, Warren Buffett reveals he also bought 5.5% of the technology giant IBM. Cyclical and tech stocks are not usually high on Buffett’s wish …
It’s possible to over-analyze Warren Buffett’s investment moves. But that doesn’t seem to stop anyone, and the Oracle of Omaha’s latest disclosures are whipping up a stir over prospects for a robust recovery.
In a survey of Americans holding at least $1 million in investments, more than two-thirds of respondents (67%) say that taxes should be raised on people earning $1 million and up annually.
And they teamed up to teach kids lessons about making money? This may sound like the makings of a hazy conversation in some dorm room during the wee hours of the night. But this is actually happening. Come to think of it, the …
The recent collapse of gold prices is stirring a lot of conspiracy theories. Are the bars in Ft. Knox just painted bricks?
Warren Buffett told Fortune magazine’s Most Powerful Women Summit Tuesday that he hasn’t thrown in the towel on the U.S. economy, arguing that the U.S. will avoid a double-dip recession despite rumors to the contrary. Though some …
As tends to happen, yesterday’s dramatic stock market decline has put some investors on edge. The other day, I talked with my friend who is a financial planner, and he told me that after the market dropped by 15% in early August, …
The chattering class is agape over an op-ed in The New York Times on August 14, written by a billionaire, for billionaires, and about billionaires. The op-ed was penned by investment legend Warren Buffett, chairman of Berkshire …
David Sokol, a former Berkshire Executive, resigned on Wednesday. (Mario Anzuoni/Reuters)
Warren Buffett’s Berkshire Hathaway trading scandal could have been a twofer.
It appears Lubrizol wasn’t the first time David Sokol, who was until his resignation yesterday a top executive at Berkshire and a leading contender to succeed Buffett, …
Warren Buffett could be the latest Wall Street titan to have his reputation trashed.
On Wednesday, Buffett’s Berkshire Hathaway disclosed that David Sokol, one of the insurance company’s top executives, and until yesterday a possible Buffett successor, purchased $10 million in shares for his personal account of chemicals company …