Legendary investor Warren Buffett will officially step down on December 31, 2025, ending his storied career that spanned over 60 years. He published a letter to shareholders in November letting them know he will be handing off the duties of writing Berkshire Hathaway’s annual report and speaking at shareholder meetings to…
A handful of discounted staples can effectively offset the cost of a Costco membership, according to a recent report on the retailer’s biggest savings. The club’s $65 annual Gold Star Membership, or $130 Executive membership, may look steep to budget-minded shoppers, but the math can flip quickly: a few well-chosen…
JPMorgan CFO Jeremy Barnum warned Tuesday that President Donald Trump’s push to put a 10% cap on credit card interest rates could hurt the broader economy and reduce access to credit. “What’s actually simply going to happen is that the provision of the service will change dramatically. Specifically, people will…
A group of global central bank leaders issued a joint statement on Tuesday to express their support for Federal Reserve Chair Jerome Powell as he faces a criminal investigation from the Trump administration’s Department of Justice. Powell announced on Sunday that the DOJ served grand jury subpoenas to the Federal Reserve on…
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Patriotism is on the upswing with that momentum coinciding with President Trump’s first year of his second term. The 1789…
A strong credit score can be the key to major financial purchases and affordable loans, but some states saw notable…
Hilton Hotels announced on Tuesday that it was ending its relationship with an independently owned Minneapolis-area hotel after a newly…
Hilton Hotels said it is investigating an independently owned Minneapolis-area property after the Department of Homeland Security (DHS) alleged law…
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The U.S. economy saw modest job growth in December as employers hired at a steady pace amid economic uncertainty. The Labor Department on Friday reported that employers added 50,000 jobs in December. That figure was cooler than the expectations of economists polled by LSEG, who projected…
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A new outlook from Cox Automotive projects that new vehicle sales are expected to slow slightly in 2026 from last year, which surpassed expectations for the industry. Cox Automotive forecasted that the U.S. will see 15.8 million new vehicles sold in 2026, which represents a 2.4% decline from sales levels a…
The Trump administration’s arrest of Venezuelan leader Nicolás Maduro could lead to higher defense spending over the long-term as the U.S. takes a more active role in regional security, according to a research note from Bernstein. Maduro was taken into custody following a special operations raid over the weekend and is…
LEGO is pushing beyond its traditional building blocks with a new screen-free technology designed to make children’s creations react, move and respond during play. The company introduced the innovation Monday at CES 2026, the annual consumer electronics trade show in Las Vegas, where it showcased how embedded technology can bring…
Texas and Florida once again lead the list of U.S. states that the most people are moving to, according to an analysis by U-Haul. The moving company, which reviewed more than 2.5 million one-way transactions across the U.S. and Canada for its 2025 “Growth Index,” said Texas tops the ranks…
The audacious U.S. special forces raid to capture Venezuelan leader Nicolás Maduro and bring him to the U.S. to face charges related to drugs and weapons trafficking could potentially lead to economic relief for average Venezuelans struggling under the regime’s socialist economic policies. Venezuela’s economy is heavily reliant on oil exports…
AT&T is planning to build a new corporate headquarters outside downtown Dallas in the suburban city of Plano, the company said in a letter to employees on Monday. CEO John Stankey said in a letter to AT&T employees that the company plans to relocate its headquarters, which has been in…
The U.S. military operation to apprehend and remove Venezuelan leader Nicolás Maduro from power could put pressure on Cuba’s economy as the communist country reels from the loss of a key economic and security partner. Maduro was captured alongside his wife over the weekend after President Donald Trump ordered the operation…
The toppling of Nicolas Maduro has thrust Venezuela’s debt crisis – one of the world’s largest unresolved sovereign defaults – into the limelight. Following years of economic crisis and U.S. sanctions that severed the country from international capital markets, Venezuela defaulted in late 2017 after missing payments on international bonds…
Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices slightly higher in the weeks ahead, according to an industry expert. Still, prices at the pump would remain at their lowest levels since the COVID-19 pandemic. Andy Lipow, president of Lipow Oil Associates, projected that…
Berkshire Hathaway shares fell on Friday, a day after CEO Warren Buffett left following a 60-year run. The 95-year-old officially stepped down Thursday, and successor Greg Abel, who started at Berkshire in 2000 and served as vice chairman of its board of directors, took over Friday.In afternoon trading Friday, Class…
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