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Recent Articles from Associated Press
Who is Greg Abel, the executive picked to be successor to Warren Buffett?
Greg Abel, longtime Buffett deputy, will become Berkshire Hathaway CEO in 2025, bringing deep business insight and a strong work ethic to the role.
Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year
Warren Buffett will retire as CEO of Berkshire Hathaway at year’s end after 60 years. Greg Abel, his longtime heir apparent, will take the helm.
Buffett says US shouldn’t use ‘trade as a weapon’ as Trump has done with tariffs
Warren Buffett criticizes Trump’s tariffs, urges global trade, and shares insights on markets, succession plans, and Berkshire’s $347B cash reserves.
General Dynamics submarine designers to strike on May 18 if contract deal isn’t reached
Electric Boat shipyard workers in Connecticut plan a May 18 strike if no contract deal is reached, demanding higher wages and restored pension benefits.
Home ownership further out of reach as rising prices, high mortgage rates widen affordability gap
U.S. homebuyers now need $114K+ income to afford a median-priced home. High mortgage rates and rising prices keep ownership out of reach for many.
Senate blocks Kaine-sponsored bid to stop Trump’s tariffs
Senate Republicans block a resolution cosponsored by U.S. Sen. Tim Kaine to halt Trump’s global tariffs, highlighting GOP divides and rising economic concerns.
Average rate on a US 30-year mortgage eases to 6.76%, its second straight weekly decline
U.S. mortgage rates dipped to 6.76%, offering slight relief to buyers, but high costs and rising home prices continue to dampen spring housing activity.
Kohl’s ousts CEO Buchanan after investigation into some vendor transactions
Kohl’s has fired CEO Ashley Buchanan over undisclosed vendor conflicts. Chairman Michael Bender takes over as interim CEO during ongoing leadership search.
March home sales slowed in a lethargic opening to the spring buying season
Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers.
Atlantic Union: Q1 Earnings Snapshot
Atlantic Union Bankshares Corporation (AUB) reported first-quarter profit of $49.8 million.
