News
Berkshire Hathaway operating earnings soar 39% as Buffett’s cash hoard swells to record $188 billion
Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.The Warren Buffett-led conglomerate posted an operating profit — which encompasses earnings from the company’s wholly owned businesses — that surged 39% to $11.22 billion from the year-earlier…
No matter where you get your college rankings, there’s a good chance one or more of the Ivy League universities will be on top of the list. Regardless of which metrics are used — employment and salary outcomes for graduates, research contributions or even affordability — the eight illustrious institutions get…
Introduction It’s time to discuss one of my two REIT investments. As we can see in the overview below, real estate is my third-largest sector. In this sector, I own Public Storage (PSA) and Extra Space Storage (NYSE:EXR), the star of this article. Leo Nelissen – Dividend Growth Portfolio I…
Warren Buffett is widely praised for his investment acumen.But one of the biggest factors to his success has nothing to do with picking the right companies.”His skill is investing, but his secret is time,” Morgan Housel wrote in the bestselling business book, “The Psychology of Money.””That’s how compounding works,” Housel…
Plenty of myths about how to manage your credit card debt have been debunked throughout the years, but one seems to be more resilient than others.”The cockroach of credit scoring myths, the one that just will not seem to die, is that carrying a balance on your credit card helps…
This article was written byFollowSeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us…
Check out the companies making the biggest moves in premarket trading: Peloton Interactive — Shares climbed 15% after the fitness company announced CEO Barry McCarthy will step down while it seeks a permanent CEO. Peloton also set a restructuring plan that will cut 15% of its staff, or about 400…
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to new forecasts from the Organisation for Economic Cooperation and Development.U.K. gross domestic product (GDP) is expected to grow by 0.4% in 2024, down from a previous prediction…
The day before the Fed’s meeting, I surmised that Chairman Powell would keep his cards close to his chest, as he has done consistently over the past year, acknowledging the progress in achieving the Fed’s dual mandate, while cautioning that there is more work to be done to reach the…
Callie, 36, and Travis, 39, are married entrepreneurs living in Texas with two children. Callie is a self-employed photographer and Travis runs his own property management company, so their income fluctuates month-to-month. They earned a combined $132,480 last year, but have no investments and their fixed costs eat up nearly all…