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Recent Articles from Associated Press
Federal Reserve likely to defy Trump, keep rates unchanged this week
The Federal Reserve is expected to hold interest rates steady despite pressure from Trump and tariff concerns, as inflation remains above target.
Warren Buffett will remain chairman at Berkshire Hathaway when Greg Abel takes over as CEO in 2026
Warren Buffett will remain Berkshire Hathaway's chairman as Greg Abel becomes CEO in 2026, reassuring investors during a critical leadership transition.
States sue Trump administration for blocking the development of wind energy
17 states sue Trump for halting wind energy projects, claiming his executive order is unlawful and harms clean energy, jobs, and climate progress.
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Wall Street dips as oil falls to a 4-year low and Warren Buffett announces plans to step down. Tech and energy stocks lead market declines.
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.
