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Warren Buffett exits Berkshire Hathaway as his son Howard becomes chairman12:53 Warren Buffett, the investing legend that turned Berkshire Hathaway into an massive conglomerate, has officially stepped aside as chairman after leaving as CEO at the beginning of the year. The Fed’s never been so confident on economic growth. What investors should do now, according to KKR.12:21 Members of the Federal Open Market Committee showed their lowest level of worry about gross domestic product growth since it first started releasing its outlook. The Fed hasn’t been this terse since 2007. What a 130-word statement signals for market stability.12:21 Bank of America calculates this week’s Federal Open Market Committee statement explaining the decision to lift interest rates by a quarter-point as its most terse, at just 130 words, since 2007. The bond market is seeing trouble. Why investors are buying now anyway.23:34 The 10-year Treasury note has logged its worst five-year return in more than a century, according to Goldman Sachs. Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?23:33 For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working. Pet insurance or savings account: What’s the best way to plan for a big vet bill?22:29 You want to make sure your pet can receive the care they need when an emergency happens — but is pet insurance the best way to prepare for that? |