The Fed issued new projections showing rates peaking at 4.6% next year with no cuts until 2024. It raised its target interest rate range by another 75 basis points overnight to 3.00%- 3.25%, as was widely expected.
Berkshire Hathaway shares slide after earnings, CEO letter
Berkshire Hathaway shares experienced their largest drop since Warren Buffett’s CEO succession announcement, as financial results missed analyst expectations. The conglomerate’s fourth-quarter operating profit fell