Gold has always been a topic of fascination for investors, especially during times of economic uncertainty. As of early 2025, the SPDR Gold Shares fund (GLD), designed to track the price of gold bullion, is showing impressive gains of approximately 11% year-to-date and a staggering 42% increase over the past year. Meanwhile, gold futures prices
Finance
Berkshire Hathaway recently reported a remarkable 71% jump in operating earnings, reaching an impressive $14.5 billion in the fourth quarter. This surge is largely attributed to strong insurance underwriting performance, with profits rising 302% compared to the same period last year. The significance of these results cannot be overstated, reflecting not just recovery from previous
As we navigate through an unpredictable economic terrain, the employees of the Federal Reserve have signaled that their policymaking strategy is “well-positioned” to respond to various potential shocks. However, upon closer examination, one might question whether this assertion merely masks a deeper quandary: that their policy is, in fact, caught in a state of inertia.
Berkshire Hathaway, a powerhouse in the investment world led by the esteemed Warren Buffett, has recently unveiled its fourth-quarter financial results for 2024, showcasing remarkable growth in operating earnings. This article dissect the financial intricacies of this renowned conglomerate, highlighting key performance indicators while also scrutinizing the potential implications of its strategies and market conditions.
Billionaire hedge fund manager Steve Cohen has expressed significant concern regarding the current state and future trajectory of the U.S. economy, spotlighting several critical factors including trade policies, labor market constraints, and government expenditure cuts. His remarks, made during the FII Priority Summit in Miami Beach, reveal a stark shift in his economic outlook as
The Treasury Department has announced a critical new deadline of March 21, requiring millions of businesses to comply with newly instituted reporting regulations regarding beneficial ownership information (BOI). This enforcement follows a recent court ruling that has given the green light for the implementation of the Corporate Transparency Act, originally passed by Congress in 2021.
In a significant move, Bill Ackman, the founder and CEO of Pershing Square Capital Management, has presented an increased takeover bid for Howard Hughes Holdings. This attempt to establish a “modern-day” Berkshire Hathaway marks a pivotal moment in Ackman’s career and underscores his evolving strategy in the realm of investment. The proposal includes acquiring 10
In a recent address, Federal Reserve Governor Michelle Bowman provided a nuanced overview of the current standing of the U.S. monetary policy framework. While expressing a sense of stability, she underscored the necessity for a cautious approach towards any changes in interest rates. According to Bowman, although “monetary policy is now in a good place,”
The imposition of tariffs has often been the centerpiece of heated debates surrounding trade policy, particularly in the context of the U.S. economy. While they are primarily viewed through the lens of their negative implications for consumers—such as increased prices and potential job losses—there lies a less conspicuous outcome: favorable impacts on U.S. tourists traveling
Investing in the market is often seen as a complex and daunting endeavor, riddled with pitfalls that can hinder performance. Charley Ellis, a prominent figure in index investing, highlights a fundamental truth that many investors still grapple with: attempting to outperform the market can be a near-impossible task. But even more critical is recognizing that,