Economy

Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion

Warren Buffett, the legendary investor with a personal fortune of $150 billion, recently made a significant decision regarding his wealth and philanthropy. In a move against creating "dynastic" wealth, Buffett

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Lasted Economy

Warren Buffett’s Berkshire Hathaway scoops up more Sirius XM

Warren Buffett's Berkshire Hathaway has once again made headlines with its recent purchase of shares in Sirius XM, increasing its

Alphabet Slides After Cloud Sales Fall Short of Expectations

Alphabet Inc., the parent company of Google, recently released its fourth-quarter revenue figures, which fell short of analysts' expectations. The

Stocks that got hit the most from Trump’s tariffs before Mexico reprieve

The recent actions of President Donald Trump have sent shockwaves through the U.S. stock market, with the possibility of a

Will Tariffs Lower Prices? – Econlib

The Flawed Argument for Tariffs Leading to Lower Prices There is a common argument in favor of protectionist tariffs that

Estee Lauder to cut up to 7,000 jobs as sales slide

The global beauty cosmetics giant, Estee Lauder, is facing significant challenges as it plans to cut up to 7,000 jobs

Deadweight Loss From Taxes is Proportional to the Square of the Tax Rate

In a recent post, it was discussed how the deadweight loss resulting from a tax is directly proportional to the

We’re an empire now

Gideon Rachman, writing in the Financial Times, highlights the current trend of macho swagger in Washington when it comes to

UBS earnings Q4 2024

tariff escalations escalated. This precarious economic backdrop has prompted UBS to tread carefully and strategically in its cost-cutting measures and