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Stocks ended near session lows Thursday pressured by a handful of weak economic data and as some Fed officials stated their openness to tapering the central bank's bond-buying program in the coming months.
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Warren Buffett says "you couldn't have anybody better in charge" for the economy than Barack Obama, but warns "it's going to take time" before things get better. In an interview with Tom Brokaw for Dateline NBC, Buffett says there's a lot of fear everywhere as the country faces "an economic Pearl Harbor .. something it hasn't faced since World War II." Buffett predicts that Obama's plan for a massive stimulus program will help, but not right away.
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China's BYD Auto's e6 all-electric automobile made its U.S. debut today, with an assist from the chairman of Berkshire Hathaway subsidiary MidAmerican Energy Holdings. Check out our video from the Detroit Auto Show.
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A pair of cowboy boots autographed by Warren Buffett will be sold at a charity auction late this spring. Buffett, who really likes a good steak dinner, also wrote "I love beef" on the boots.
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Morningstar has an answer for anyone asking if Warren Buffett has lost his touch. While acknowledging the choice may be a "tad controversial" right now, the investment research firm has named Warren Buffett its 2008 CEO of the Year.
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Dilbert creator Scott Adams tells Barron's why he doesn't trust Warren Buffett's October call to buy U.S. stocks hammered during Wall Street's worst year in decades.
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In an interview with NBA-TV, Warren Buffett says his friend LeBron James has his head "screwed on right." Buffett talks about the basketball star's business "instinct" at a young age.
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Shares of Warren Buffett's Berkshire Hathaway lost almost a third of their value in 2008, but the stock still managed to outperform the benchmark S&P 500 stock index for the third consecutive year.
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The 2008 Atlantic Hurricane Season produced eight hurricanes. Five of them were "major" storms, hitting Category 3 strength or higher. But none of those hurricanes hit Florida. That's good news both for residents of the state and for Warren Buffett, who lives roughly 1600 miles northwest of Miami.
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Along with predictions, the approach of a new year also compels us journalist-types to compile Top 10 lists. This year, Warren Buffett Watch presents the ten most popular posts from 2008, as measured by your clicks.
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In keeping with Warren Buffett's long-term way of looking at things, we bring back WBW's timeless and time-tested predictions to mark the coming new year.
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Both sides have been bruised and battered, but Warren Buffett's Berkshire Hathaway is outperforming the benchmark S&P 500 stock index year-to-date.
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The author of the recent best-selling Warren Buffett biography lists some "key differences" that would have helped investors distinguish Bernard Madoff's alleged fraud from Buffett's proven genius.
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A week ago, we asked for your thoughts on Faith, Doubt, and Warren Buffett at the end of a difficult year for Buffett followers. Are you losing faith in Warren Buffett? The answer is a resounding 'no!' Read the emails that came in from around the world.
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Constellation Energy is breaking up with Warren Buffett's MidAmerican Energy Holdings in favor of France's EDF, but Buffett doesn't go home empty-handed.
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The former chief executive of General Re was sentenced today to two years in prison and fined $200,000 by a federal judge in Hartford, Connecticut. 66-year-old Ronald Ferguson was convicted in February of participating in a secret scheme with other Gen Re executives and an AIG official to make AIG's financial picture look better than it really was back in 2000 and 2001. General Re is a subsidiary of Warren Buffett's Berkshire Hathaway. AIG was Gen Re's client at the time.
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The chairman of Warren Buffett's MidAmerican Energy Holdings tells CNBC it won't try to outbid France's EDF in the battle for Constellation Energy. In a statement to CNBC's Becky Quick, David Sokol says today (Tuesday): "We will not counterbid .... The structure of the transaction (that Électricitié de France has proposed) is not one we would be comfortable with." That's not a big surprise, but it might not be the end of the story.
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"There were people in Omaha who thought what I was doing was some sort of Ponzi scheme." That's Warren Buffett talking about his early days as a money manager in the late 1950s, as quoted by Alice Schroeder in her recent Buffett biography The Snowball. It wasn't as crazy a thought back then as it might seem now.
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A Chinese-made electric car, backed by Warren Buffett, has been officially introduced to the retail market in that country. The plug-in was scheduled to be sold in the U.S. and Europe starting in 2010, but Reuters quotes BYD Chairman Wang Chuan Fu as telling reporters those plans have been delayed one year to 2011.
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An invitation to share your thoughts on faith, doubt, greed, fear, and Warren Buffett.
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Warren Buffett's Berkshire Hathaway has increased its stake in Burlington Northern Santa Fe to over 20 percent with another options-related stock buy.