A version of President Obama's "Buffett Rule" has been introduced in the U.S. Senate but it faces an enormous obstacle: strong Republican opposition. Today, Senator Sheldon Whitehouse, a Democrat representing Rhode Island, formally introduced what he's calling the "Paying a Fair Share Act of 2012." Read More
TheStreet.com details a few stocks that could "beat the postman" as parcel and message carriers replace the bag carrier, including UPS and FedEx. Read More
Warren Buffett says criticism of his secretary, Debbie Bosanek, over her supposed high salary and purchase of a second home, is 'ridiculous' and misses the point he's trying to make on tax rates for the very rich. Read More
As President Obama again made the argument that it's not fair Warren Buffett's secretary pays a higher tax rate than her billionaire employer does, a Forbes contributor gets some attention with a post headlined "Warren Buffett's Secretary Likely Makes Between $200,000 and $500,000/Year." But is there really a strong argument to support that conclusion? Read More
The woman who has gained some fame as Warren Buffett's "secretary" .. she actually refers to herself as Buffett's assistant .. is "excited" about sitting with Michelle Obama during tonight's State of the Union address by President Obama. Read More
Warren Buffett ups the ante with an offer during a Bloomberg interview to donate millions of dollars to help reduce the nation's deficit .. 15 percent of his annual income .. if at least 50 Capitol Hill lawmakers do the same. Read More
A short video clip of Warren Buffett playing the ukulele and singing "I've Been Working on the Railroad" is part of Chinese television's New Year celebration. It appears on the 2012 Spring Gala website of state broadcaster CCTV. The Gala is a massive television program marking the start of the lunar new year that's watched by millions of Chinese. Read More
Warren Buffett will be writing a check made out to the United States Treasury for just over $49,000 to help pay down the national debt. He's matching voluntary contributions made this year and last year by Rep. Scott Rigell, a Republican representing Virginia. Read More
The office of Minority Leader Mitch McConnell has issued a swift response to Warren Buffett's offer to match three-for-one any contribution McConnell makes to reduce the deficit. A spokesman suggests that Buffett should be matching contributions "from those who actually want to pay higher taxes, including Congressional Democrats, the President and the DNC." Read More