Adding to concerns of a tight labor market and runaway inflation, data on Tuesday showed an acceleration of unit labor costs in the second quarter, which suggested strong wage pressures will help keep inflation elevated.
Trump’s ally Elon Musk lost $100 billion, but Warren Buffett gained. What’s he seeing that no one else is?
Warren Buffett and Bill Gates are the only top billionaires to gain wealth in 2025, as global markets slumped. Buffett’s fortune surged by $23 billion,