News

Wall Street's outlook sours on second quarter, with bigger forecast cuts than normal
Then, early last month, President Donald Trump announced expansive new tariffs on much of the world. Adjustments and carve-outs followed. But from March 31 to April 30, the report said, Wall Street ...
A real-estate giant wants sellers to list their homes privately. Will homeowners benefit?
Under traditional rules in the real-estate world, homes like Bigelow's that are for sale typically need to be listed on a multiple listing service within 24 hours of the agent publicly declaring that ...
A real-estate giant wants sellers to list -2-
Cutting off a home buyer's access to a significant share of listings by requiring them to work with a specific company is a big step back for the average buyer, Leo Pareja, chief executive of eXp ...
If you read April's jobs report, you won't be surprised by the No. 1 'best job' in America
April's employment report, released Friday, arrived with the usual anxiety and predictions that cuts made by the entity known as the Department of Government Efficiency would hurt job creation, and ...
Buffett passes the torch - here's what Berkshire loyalists should know, from a longtime insider
Warren Buffett announced Saturday that he will ask Berkshire Hathaway's (BRK.A) (BRK.B) board of directors to formally designate Greg Abel as the company's next CEO. The board will consider the matter ...
Investing legend Warren Buffett to step down as head of Berkshire Hathaway after 6 momentous decades
Warren Buffett, the world's most famous and arguably most successful investor, shocked shareholders, a global audience and perhaps even his own designated successor Saturday, announcing that he ...
The best Kentucky Derby bet may actually be investing in Churchill Downs
The Churchill Downs track and the Kentucky Derby account for a relatively small portion of the company's annual revenue, which totaled $2.73 billion in 2024. The adjusted earnings before interest, ...
How Warren Buffett went from picking horses to picking stocks - and what you can learn from it
Buffett tested his theories rigorously. As a teenager, he convinced his congressman father to request hundreds of horse handicapping books from the Library of Congress, and, while other kids were ...
How Warren Buffett went from picking horses to -2-
So whether you're wagering at Churchill Downs or investing your life's savings, take Buffett's advice: Allocate selectively, hold patiently and let time multiply your returns. Charlie Garcia is ...
My ailing father's house burned down in the California fires. Will our brother, who took care of them, lose his inheritance?
The house was lost in the California fires. Our family's trust lawyer now says that, because the house is gone, the insurance proceeds and case settlement might now need to be split between my sibling ...
'We are the most privileged': My husband and I are tired of paying for our friends. How do we get them to pay their way?
'My husband almost always ends up paying for everyone or picks up the entire bill' ...
Warren Buffett to step down as Berkshire CEO at year-end
Warren Buffett shocked investors and a global audience Saturday, announcing that he intends to step down as chief executive of Berkshire Hathaway Inc. at year-end and will ask the board to formally ...