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Berkshire Hathaway Sells More Bank of America Shares, Reduces Stake by Nearly 15%
Berkshire Hathaway Continues to Reduce Bank of America StakeWarren Buffett, the legendary investor and CEO of Berkshire Hathaway, has been making headlines with his recent string of Bank of America stock sales. Since mid-July,...
US Stock Markets Rally in Late-Day Bid as Nasdaq’s Winning Streak Ends
US Stock Markets Rally in Late-Day Bid as Nasdaq's Winning Streak EndsThe US stock markets closed out the final day of trading in August with a mix of ups and downs, capping off a...
OPEC Heavyweights Violating Production Targets
OPEC Heavyweights Violating Production TargetsThe Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group that produces 40% of the world’s crude, aims to maintain high and stable oil prices. However, recent...
Rate Cut Expectations Drive Dollar Lower as Yields Rise – Action Forex
Market Volatility and Rate Cut Expectations Drive Dollar Lower as Yields RiseLast week saw a whirlwind of unexpected developments in the financial markets that left many investors reeling. The shift towards a risk-on approach...
Estimating the True Cost of Climate Change: Why Current Estimates are Inaccurate
Climate change is a pressing issue that continues to have far-reaching impacts on our environment, economy, and society as a whole. As we strive to understand the true cost of climate change, it is...
Warren Buffett’s Investment Rules: Lessons from the Oracle of Omaha at 94
At 94 years old, Warren Buffett, the renowned value investor and CEO of Berkshire Hathaway, continues to captivate the financial world with his timeless investment wisdom. Celebrating his birthday recently, Buffett's Berkshire Hathaway achieved...
Troubleshooting Amazon’s Labor Day Sale Checkout Glitch
Amazon's Labor Day Sale Checkout Glitch Causes Frustration Among CustomersCustomers looking to take advantage of Amazon's Labor Day sale were met with frustration on Friday as the e-commerce giant's checkout function encountered technical issues,...
China’s August Manufacturing PMI Falls Below Expectations, Services Sector Holds Steady at 50.3
China's manufacturing sector experienced a slight decline in August, with the official Purchasing Managers' Index (PMI) falling below expectations. According to the National Bureau of Statistics (NBS), the August Manufacturing PMI came in at...
Investors Shun Indian Stocks Amid Foreign Investment Decline
Foreign Investors Shun Indian Stocks Amid Decline in Foreign InvestmentIn a surprising turn of events, foreign investors are showing reluctance towards investing in Indian stocks despite the country's rapid economic growth and the allure...
Xi Jinping Looks to Unlikely Source for Economic Advice
Xi Jinping's Unconventional Economic AdvisorIn the realm of economic advice, Xi Jinping, the President of China, has turned to an unlikely source for guidance. Zhou Qiren, a professor at Peking University, has caught the...