Warren Buffett will step down as Berkshire Hathaway CEO on December 31, ending a six-decade tenure. Vice-chair Greg Abel takes charge January 1, marking a succession while Buffett remains active, cementing a legacy of patience, discipline, ownership and long-term investing.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.