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Buffett Backs New CEO Greg Abel With ‘Huge Endorsement’ In CNBC Interview

by The Wealth Advisor Contributor
Warren Buffett told CNBC’s  Becky Quick he would rather have new Berkshire Hathaway CEO Greg Abel handle his money.

Featured

Venezuela Bond Investors Bet on More Gains After Maduro Capture

Venezuelan bonds poised to gain after capture of Maduro setting stage for potential regime change. Investors in $60B worth securities been betting on.

Fed's Paulson Signals Another Rate Cut Could Take a While

Federal Reserve Bank of Philadelphia President Anna Paulson said that further central bank rate cuts could be some way off.

The AI Gravy Train For Power Stocks Is Over. Investors Will Now Focus On Who’s Getting Paid, Strategist Says.

With the easy money having been made this year on power and electricity companies linked to AI, investors will need a more selective strategy in 2026.

Recent

Advisor Wellness

Carson Group Asks Judge to Suspend Former Executive’s Lawsuit Alleging ‘Toxic’ Work Culture

The Carson Group is asking a court to issue a stay that would suspend proceedings in a complaint that alleges the firm maintained a toxic culture.

Companies

BlackRock Launches It's First Actively Managed Infrastructure ETF

Infrastructure investing, once a niche corner of the markets, is gaining traction among advisors looking to diversify client portfolios.

FundFocus

Annuity Sales Hit Another Record In The Second Quarter

Annuity sales hit another record in the second quarter, topping $116 billion, according to LIMRA.

Real Estate

Here's the Latest Sign That the US Housing Market has Frozen Over

The logjam that's hobbled the US housing market all year won't let up, and there's new data to show how badly things are stuck in 2025.

  • More Articles

Popular

FundFocus

Wharton's Jeremy Siegel Flags Three Near-Term Bumps For 2026 But Maintains Positive Outlook: Report

Companies

Warren Buffett Is Retiring — Here's What His Favorite Indicator Reveals About The Stock Market

The Trust Advisor

Late Billionaire Tax Cheat Robert Brockman’s Heirs Agree To Pay $750M To IRS In Epic Fraud Case

FundFocus

Every Wall Street Analyst Now Predicts A Stock Rally In 2026

News

Trump 2.0, Stocks Soar Again, Gold Hits Records, AI Boom Rolls On — Yahoo Finance's 2025 Year In Review

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