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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.

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Practice Management

Markets Now Betting Fed Will Cut Rates in September After Disappointing Jobs Report

Markets are increasingly pricing in the chances of the Federal Reserve cutting interest rates at its next meeting in September.

Advisor Wellness

Wall Street Traders Will Get Fatter Bonuses After Riding Volatile Markets, Consultancy Says

Wall Street stock and bond traders can expect their bonuses to jump 10% to 30% this year as they cashed in on turbulent markets.

Commentaries

Morgan Stanley: Trump’s Tariffs and Tax Cuts Are Creating a New Stock Market Divide — Where Should Advisors Focus Now?

Trump’s economic agenda is creating distinct winners and losers in the equity markets, according to Morgan Stanley Wealth Management.

Washington Wire

Why Some Top Wall Street Economists Say It's Too Soon to Count on Rate Cuts

Following a disappointing July jobs report, investor expectations for a Federal Reserve rate cut in September surged.

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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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