At the so-called Woodstock for Capitalists, Warren Buffett spoke about sharing the wealth, The New York Times reports. » Read More
Warren Buffett tops the list of the biggest losers among America's richest billionaires, with an estimated $10 billion drop in his personal wealth over the past twelve months. That's the result of Berkshire Hathaway's 20 percent stock decline. But Buffett's remaining $40 billion is still enough to maintain his number two ranking on the annual Forbes 400 ranking of the country's wealthiest people.
Mergers and acquisitions, rising Japanese yen and the Judaic Day of Atonement: what do they mean for stocks? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his market insights.
"Is it too late for me to invest in Berkshire Hathaway class B shares since they have run up so much already?" That's the question from a reader that USA Today's Matt Krantz tackles in his daily column this morning.
Kraft CEO Irene Rosenfeld has promised employees she won't let "animal spirits" take over as the company pursues its proposed acquisition of Cadbury. That's the phrase Warren Buffett used in a CNBC interview last week as he said Kraft's $16.4 billion stock offer is a "full price."
A fictional version of Warren Buffett assembles a "cadre" of "super-rich" billionaires to "fix" the U.S. government and return "power to the people," in a new book by political candidate and activist Ralph Nader.
Paulson, Bernanke back on Capitol Hill to sell the bailout. Fed coordinates with Australian and Scandinavian central banks to keep global finance running. Goldman Sachs sells $5 billion in common shares.
During the height of the financial crisis, investors flocked to the safety of U.S. treasury debt and many on Wall Street are now calling the top in treasurys. So have bonds turned too risky? Kevin Giddis, managing director of Morgan Keegan and Michael Pond, strategist at Barclays Capital shared their insights.
It's 12 months later and Warren Buffett's Berkshire Hathaway is $3 billion richer. Exactly one year after Buffett stunned Wall Street with his massive vote of confidence for Goldman Sachs, his bold bet is producing gigantic profits.
Treasury Secretary Hank Paulson and Fed Chairman Ben Bernanke head to Capitol Hill to sell the $700 billion bailout plan. Warren Buffett invests $5 billion in Goldman Sachs. WaMu talks to suitors about a takeover.
Pro investor Whitney Tilson saw the crisis coming and made the right moves. Find out where he sees weakness now.
September, a traditionally weak month for stocks, has contrarily been strong for markets in the last several trading sessions, but how far will the rally continue? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his market insights.
Warren Buffett's interview with Becky Quick marking the one-year anniversary of the height of the financial crisis aired in two parts on CNBC this morning and last night. This is the transcript and video of the complete interview, including portions that did not air on TV in either part.
Warren Buffett tells CNBC that while the economy "hasn't gotten worse" but also hasn't "gotten much better" over the past three months, he doesn't expect a 'double-dip' recession and sees significant improvement in residential real estate.
Warren Buffett tells CNBC he has no regrets about any of the decisions he made over the weekend one year ago when the financial crisis was at its worst. In a taped interview with Squawk Box's Becky Quick airing tonight, Buffett says he "looked hard" at a telephoned offer that Friday night to buy AIG's property casualty operation for around $25 billion, but decided against it. He also recalls that he was approached to do a reinsurance deal that might have helped clear the way for a Barclay's rescue of Lehman, but it didn't come together.
Warren Buffett says he's buying stocks, but it's not because he thinks the recession is ending.
Stocks struggled to hold gains on Tuesday even after a number of positive economic reports. So how should investors position themselves? Bernard McSherry, senior vice president of strategic initiatives, Cuttone & Co. shared his market strategies.
Reflecting back one year after the historic September that shook the financial markets, Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his insights.
Shares of menswear manufacturer Dayang Trands soar in Shanghai after a state-run Chinese newspaper relays Warren Buffett's enthusiastic praise of the company and its business suits.
President Obama on Monday sternly warned Wall Street against returning to reckless and unchecked behavior that had threatened the nation with a second Great Depression. So how are investors faring one year after the financial meltdown? CNBC contributor Michael Yoshikami, president and chief investment strategist at YCMNET Advisors and Thomas Meyer, CEO and chairman of Meyer Capital Group Wealth Management shared their market insights.
The market looks healthy, the economy is going to continue to outpace expectations in the near term and this is a favorable environment for equity investing, said Liz Ann Sonders, chief investment strategist at Charles Schwab.