Featured
End Of ‘The Berkshire Way’? Combs’ Departure Isn’t Only Big Change As Buffett Transition Nears
Todd Combs’ surprise departure from Berkshire Hathaway got most of the attention when it was announced this week.
Wall Street Sees AI Bubble Coming And Is Betting On What Pops It
The money is still pouring in for AI but so are the doubts about whether the good times can last.
Recent
UPDATE 5-Top US Congress Democrat, Republican Reach Spending Deal, Starting Race to Pass It
Top Democrat and Republican in U.S. Congress agreed on a $1.59 trillion spending deal, setting up a race to pass bills that would appropriate money.
Most Well-Known Economists Got It Wrong In 2023, Here’s Why
Even the most well-known economists find it difficult to make reliable stock market predictions.
Troubled China Shadow Bank Zhongzhi Files for Bankruptcy
Chinese shadow banking giant Zhongzhi Enterprise Group Co. filed for bankruptcy, cementing rapid fall of a firm that oversaw more than $140B at peak.
Citi Strategists Say Buy Dips, Don’t Chase Stock Rallies in 2024
Citigroup Inc. strategists say buy at times of weakness and don’t chase rallies. There’s no room for double-digit gains again.