News

My ailing father’s house burned down in the California fires. Will our brother, who took care of them, lose his inheritance?
My parents set up a trust. Their house was supposed to go to one sibling, “Bob.” The cash in their checking account was to be ...
Big Tech showed it won’t back down on AI spending. Some on Wall Street are still wary.
Some analysts expect AI spending to remain a priority even if overall IT budgets get stretched, but others are more skeptical ...
Social Security reverses overpayment clawback rules — again
Clawbacks from monthly benefit checks after the discovery of overpayments have just been reduced to 50% from 100%, after ...
Social Security seems much less secure 100 days into Trump’s second term
In retrospectives of Trump’s first months back in the White House, these words are going to be much more than a footnote.
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He used a coupon on their first date. She was shocked: ‘I wasn’t worth the full value of the meal.’ Who’s right?
A new survey shows that most singles think it’s OK to use a coupon on a first date. We asked a financial planner, money pro ...
‘I’m very cynical’: My stepmother, 85, makes bizarre requests for money from my father’s $10M trust. Should I be concerned?
My father left a life estate for my 85-year-old stepmother. The current market value is about $10 million. He used a crappy ...
Abel highlights wind-power project but says energy mix can't risk a 'Spain-Portugal' situation
Greg Abel fields a question from a high-school student who highlights a report critical of coal-fired power plants that remain part of Berkshire's utility portfolio. Abel responds with an anecdote ...
Budget deficits may have put the U.S. on an 'unsustainable' path, Buffett says
Buffett got asked about the so-called Department of Government Efficiency, or DOGE, and its recent effort to cut federal funding and slash costs for the U.S. government. Buffett didn't directly answer ...
Berkshire 'will never be dependent on a bank or some other party' to be successful, Abel vows
Greg Abel, who heads Berkshire's non-insurance operations and is designated to one day succeed Warren Buffett as CEO, is asked how he will go about managing the capital allocation process when he's in ...
Buffett says 1% tax raises the bar on Berkshire share buybacks
Ahead of the earlier break, Warren Buffett said a 1% tax on share repurchases introduced as part of the Biden administration's Inflation Reduction Act contributed to a halt in Berkshire's buybacks.