-
3 days ago | 
businessandamerica.com | Daniel Liberto
In an announcement at Berkshire Hathaway Inc.’s (BRK.A, BRK.B) May 2025 annual shareholder meeting that surprised even his chosen successor, Warren Buffett made it official: He’s passing the torch for the $1.2 trillion empire he built at year’s end. While Greg Abel was designated his successor in 2021, Berkshire’s vice chair of non-insurance operations said he was nevertheless caught off guard, along with the Berkshire investors and Buffett fans in the audience.
-
3 days ago | 
investopedia.com | Daniel Liberto
In an announcement at Berkshire Hathaway Inc.'s ( BRK.A, BRK.B) May 2025 annual shareholder meeting that surprised even his chosen successor, Warren Buffett made it official: He's passing the torch for the $1.2 trillion empire he built at year's end. While Greg Abel was designated his successor in 2021, Berkshire's vice chair of non-insurance operations said he was nevertheless caught off guard, along with the Berkshire investors and Buffett fans in the audience.
-
6 days ago | 
moneywise.com | Daniel Liberto
The renowned financial advisor and personal finance guru built his fortune through real estate investments and strict no-debt strategies.  ... Read more While we adhere to strict editorial guidelines, partners on this page may provide us earnings.
-
1 week ago | 
moneywise.com | Daniel Liberto
Buying businesses and holding them forever made Warren Buffett a billionaire—and one of the most respected investors in history.  ... Read more While we adhere to strict editorial guidelines, partners on this page may provide us earnings.
-
2 weeks ago | 
investopedia.com | Daniel Liberto
The rising cost of living has made it increasingly difficult to save money, buy essentials, and even make it to the end of a pay period without running out of funds. Amid growing expenses, creating and maintaining a budget can be the difference between just getting by and saving toward life goals. For some, that means doing it loudly-part of a trend that emerged on TikTok in 2023 and spread to other social media platforms.
-
1 month ago | 
investopedia.com | Daniel Liberto
Statistics about people falling short of saving enough for retirement are commonplace. Many people struggle to put away a suitable amount to live on once they stop working. However, it's typically much harder for women, who tend to shoulder more responsibilities outside of work, including raising children and caring for older family members. Things are made worse by an advantage women typically have over men-a longer life expectancy.
-
1 month ago | 
investopedia.com | Daniel Liberto
Reading a book or a newspaper might not seem like an activity directly related to financial success, but famed investor Warren Buffett says it could be the key to securing a better financial future. Buffett, CEO of Berkshire Hathaway ( BRK.A),says he reads for about five to six hours every day and credits this habit with helping to shape his investing style and making him billions.
-
1 month ago | 
businessandamerica.com | Daniel Liberto
An asset bubble occurs when the price of an asset, such as stocks, bonds, real estate, or commodities, rises rapidly without the underlying fundamentals to justify the price spike. The inevitable collapse wipes out the net worth of investors and causes exposed businesses to fail, potentially beginning a cascade of debt deflation and financial panic that can spread to other parts of the economy. This can result in a period of higher unemployment and lower production that characterizes a recession.
-
1 month ago | 
businessandamerica.com | Daniel Liberto
The Better Business Bureau (BBB) is a private nonprofit organization that operates a business directory and rating system, handles consumer complaints, evaluates charities, offers guidance to businesses and consumers, and alerts the public about deceitful and fraudulent advertising and selling practices. Its goal is to ensure companies behave appropriately and are trustworthy in their dealings with consumers. The BBB’s services are free to the public.
-
1 month ago | 
businessandamerica.com | Daniel Liberto
Stagflation combines the words “stagnant” and “inflation.” It describes a period of low to nonexistent economic growth coupled with rapidly rising prices. This has happened only once before in the United States, back in the 1970s. Stagflation is a stagnant economy combined with high inflation. This type of economic crisis is often caused by big supply shocks and easy monetary policy. They last longer than regular recessions because there’s no definitive cure.
