all things wealth
Berkshire Hathaway CEO Warren Buffett. Paul Morigi/Getty Images for Fortune/Time Inc. The highlight of Warren Buffett’s annual shareholder letter was his discussion of Berkshire Hathaway’s stepped-up stock-buyback activity, which totaled $9 billion in each of the final two quarters of 2020 and $24.7 billion for
(Bloomberg) — Berkshire Hathaway Inc.’s holding in Apple Inc. has become so valuable that Warren Buffett eyes it on an equal footing to the sprawling railroad business he spent a decade building. Buffett has amassed $120 billion worth of Apple stock since his conglomerate started
Sitting out an orderly energy transition could mean forgoing economic growth potential of 25% over the next two decades, the world’s largest fund manager, BlackRock, said Thursday. Through the BlackRock Investment Institute (BII), the company updated its Capital Market Assumptions (CMAs), which it uses to build its
Elon Musk, the billionaire founder of Tesla and SpaceX, has touted the revolutionary impact of cryptocurrencies – while seemingly poking fun at the concept in the same breath. In a video that was uploaded by Kevin Svenson, Musk can be heard saying, “there is a
Rapper Snoop Dogg and Kiss’ Gene Simmons have been both expressing their support for the “Doge Army” over the weekend alongside Tesla CEO Elon Musk. As a result, the cryptocurrency’s price has rallied once again by 27% on Feb. 7. DOGE is the native cryptocurrency of Dogecoin,
CHICAGO (Reuters) – Employer retirement plans are not known for their flashy investments – a majority of 401(k) investors these days use target date funds that invest in broad, diversified equity and fixed income mutual funds that automatically rebalance to minimize risk as retirement approaches.
NEW YORK, June 10 (Reuters) – U.S. money market fund assets decreased by $24.84 billion to $4.668 trillion in the week ended June 9, the Money Fund Report said on Wednesday. Taxable money market fund assets decreased by $24.31 billion to $4.534 trillion, while tax-free
(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration/File Photo By Mike
CHICAGO (Reuters) – The COVID-19 pandemic has put a bright spotlight on weaknesses in many of the systems designed to protect Americans from risks. But with older people more susceptible to serious illness and death from the virus, the problems in our Medicare system that