"In recent decades, our country’s rising tide has not lifted the boats of the poor," writes Warren Buffett.» Read More
Warren Buffett's Berkshire Hathaway announced late today (Wednesday) that it will release first quarter financial results on Friday, May 8 and implied we should have known all along that would be the date.
What does today's Fed decision mean? BlackRock's Bob Doll offered CNBC his insights.
The U.S. economy contracted at a surprisingly sharp 6.1 percent rate in the first quarter reflecting continuing economic woes. In the meantime, President Obama marks his 100th day in office while analysts anxiously await the latest from the FOMC's interest rate decision due this afternoon. (UPDATED with the Fed decision, below). Read and listen to what experts had to say...
Warren Buffett's Berkshire Hathaway won't be releasing first quarter earnings this week, ahead of its annual shareholders meeting in Omaha over the weekend.
Warren Buffett's good friend and philanthropy partner, Bill Gates, says he's made a lifelong commitment to protect Berkshire Hathaway's culture and values after Buffett is no longer running the company.
Warren Buffett is ranked number 16 on a new list of the 20 Best American CEOs of all time, compiled by Condé Nast's Portfolio. He's just ahead of long-time friend Katharine Graham.
In a conversation published today focusing on why he likes Wells Fargo, Warren Buffett told Fortune's Adam Lashinsky: "We own stock in four banks: USB, Wells, M&T, and SunTrust." That raised a question. What about the five million Bank of America shares owned by Berkshire Hathaway as of the end of last year? We now have the answer to the 'mystery' of the 'missing' B of A shares, straight from Buffett himself.
Warren Buffett says you should judge a banker by how they bank, not by their speeches or PR: "It's what they do and what they don't do. And what Wells (Fargo) didn't do is what defines their greatness." Buffett tells Fortune's Adam Lashinsky that Wells didn't do "dumb things" just because all the other banks were doing them.
Prices on almost everything are at historic lows and there are deals to be had that were unthinkable even as recently as six months ago. Some of them may surprise you so click to learn more!
Warren Buffett is in the driver's seat when it comes to the "car of the future," says Fortune. The magazine has put Buffett on its cover ("Buffett's Electric Car") along with the BYD E6, for a major story on Berkshire Hathaway's investment last fall in the Chinese company that is working to challenge the world's biggest automakers. The cover asks, "If the Oracle's plugging in, shouldn't you?"
If you were listening carefully to Warren Buffett on CNBC one month ago today, you heard him say, "This is a great time to be in banking." It may not have made sense to you then, but it should today.
Steve Forbes thinks the Wells Fargo profit statement is a strong sign of better things to come. The president and CEO of Forbes, Inc. offered CNBC his insights into financials, the economy — and how to make Tim Geithner cry.
Art Cashin, UBS Financial Services director of floor operations, offered CNBC his take on what traders are expecting Thursday.
The audience tests Cramer’s 30 years of Wall Street experience with questions about Berkshire Hathaway’s legendary leader, 401(k)s versus Roth IRAs, alternative energy and more.
Stocks snapped a two-day slide on Wednesday largely due to optimism about insurance firms and retailers.
Warren Buffett's Berkshire Hathaway has lost its coveted top-level credit rating from Moody's Investors Service, but a well-known Buffett watcher says the move will have only a very small impact on the company. Tonight Moody's downgraded Berkshire by two notches to Aa2 from Aaa. The ratings agency says severe stock price declines and the U.S. recession have weakened an important Berkshire reinsurance subsidiary.
With talk of billions upon billions being passed around, it’s easy to lose perspective on how much $1 trillion or even $1 billion really is.
The Securities and Exchange Commission accuses a Toronto-based fund manager who calls himself the "Chinese Warren Buffett" of running a multi-million dollar Ponzi scheme aimed mostly at Chinese-Americans in the Dallas area. Weizhen Tang tells Bloomberg his firm has had "difficulties" but denies he's done anything wrong.
Warren Buffett's Berkshire Hathaway issued a news release a short time ago to announce the Chairman and CEO of one of its jewelry retailers "has decided to resign effective today." Beryl Raff replaces Marvin Beasley as the top executive at Helzberg Diamond Shops. There's no mention of why he's resigned or his performance as CEO.
Stocks closed out a tough quarter on a positive note, helped by gains in technology and big banks.