Buffett's Berkshire currently holding more short-term US Treasury bills than the Federal Reserve Economy August 22, 2024 Warren Buffett’s Berkshire Hathaway is currently sitting on a massive reserve of short-term U.S. Treasury bills that exceeds the amount…
Chevron exec explains HQ move from California to Texas: 'tough place to do business' Economy August 21, 2024 Chevron’s announcement last week that it would relocate its corporate headquarters from California to Texas occurred in part because it…
Home prices are finally starting to fall – and they dropped the most in these 3 cities Economy August 20, 2024 The housing market may finally be shifting in buyers’ favor. In a good sign for homebuyers, the share of available…
Hawaiian Electric raises going concern risk over Maui wildfire settlement financing Economy August 19, 2024 Hawaiian Electric raised a going concern risk in its quarterly earnings report on Friday after it disclosed that it doesn’t…
Auto insurance premiums are revving up again, and could surge 22% by year end Economy August 18, 2024 Surging auto insurance premiums are revving up again, keeping the financial pressure on millions of Americans nationwide. A new report…
Bank of America no longer predicting recession, CEO says Economy August 17, 2024 Bank of America’s economists no longer see the U.S. entering a recession, CEO Brian Moynihan said over the weekend. “Bank…
Middle- and low-income Americans running out of disposable cash: SF Fed Economy August 16, 2024 Middle- and lower-income Americans are running low on disposable cash and are on track to have less than they were…
LL Flooring to close 94 stores as it files for bankruptcy Economy August 15, 2024 Retailer LL Flooring is filing for bankruptcy and looking to close over 90 of its stores, according to a filing…
US producer prices rise less than expected in July Economy August 14, 2024 U.S. producer prices increased less than expected in July as a rise in the cost of goods was tempered by…
Home prices smashed another record in June as sales slump Economy August 12, 2024 The cost of buying a new house just hit another all-time high, according to a new report. Data published by…