On Monday, the market was seen factoring in Powell’s remarks that the Fed policy will “cause some pain to households and businesses” and this is “the unfortunate costs of reducing inflation”.
Warren Buffett’s $11 billion oil bet is down 21% from 2025 peak. Will this be his oil regret 2.0?
One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway holds a 28.2% stake, has