If they take effect, tariffs are expected to raise costs for insurers to repair or replace cars, meaning higher premiums for auto insurance.
The conglomerate’s operating profit — earnings from the company’s wholly-owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.
China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions.
E-commerce giant Alibaba felt the drag of China’s consumer slowdown and heightened competition. Now it’s a favored stock for playing China’s AI trend.
With an abundance of unknowns, the only gear the central bank really can be in these days is neutral.
Investors may want to reduce their exposure to the world’s largest emerging market.
Walmart is coming off a tough week after delivering a slowing profit growth forecast.
Warren Buffett released Saturday his annual letter to shareholders.
“The great majority of your money remains in equities,” Buffett wrote in his highly-anticipated annual letter. “That preference won’t change.”
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company’s Class A shares popped more than 25% in 2024.