Global Finance

Berkshire Hathaway’s latest financial report reveals a nuanced narrative; despite a modest decline in operating earnings, the conglomerate’s underlying strength remains evident. The company’s second-quarter earnings slipped marginally, reflecting a 4% decrease to $11.16 billion, primarily influenced by a setback in its insurance underwriting segment. However, many of Berkshire’s core business sectors—railroads, energy, manufacturing, and
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Despite a modest 4% decrease in second-quarter operating earnings, Berkshire Hathaway demonstrates notable resilience amid turbulent economic conditions. The slight decline to $11.16 billion underscores the challenges posed by external headwinds, particularly in the insurance sector. While segments such as railroads, energy, manufacturing, and retailing experienced growth, the overall drop signals the fragility that even
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The recent dissent within the Federal Reserve underscores a fundamental debate about how best to steer the U.S. economy through turbulent waters. For the first time since 1993, two governors—Christopher Waller and Michelle Bowman—publicly broke ranks, advocating for a more proactive approach to interest rate reductions. Their stance highlights a mounting concern: the Fed’s steadfast
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As the financial world edges closer to Apple’s third-quarter earnings, the landscape resembles a battlefield fraught with economic headwinds, geopolitical tensions, and shifting consumer behaviors. Wall Street, alongside snapshot predictions from platforms like Kalshi, suggests that discussions around “China,” “Tariff,” and “Severance” will dominate the company’s upcoming conference call. These keywords are not mere footnotes—they
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In the rapidly evolving landscape of fintech, Lightyear emerges as a breath of fresh air, championing a revolution in investment accessibility and transparency across Europe. Unlike traditional firms that often rely on risky or complex financial products, Lightyear’s core mission centers on democratizing investing by removing barriers such as high commissions and opaque fees. Its
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In recent months, the financial landscape has been dramatically reshaped by the rallying cry of retail investors rallying around meme stocks. Rooted in online communities like WallStreetBets, this phenomenon underscores a powerful shift in how individual traders affect mainstream markets. Stocks such as GoPro and Krispy Kreme have seen unexpected surges—massive 56% and 18% increases—illustrating
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In recent discourse surrounding the Federal Reserve’s future and its leadership, a recurring theme emerges: the imperative for rigorous oversight and reform. While the current Chair, Jerome Powell, remains steadfast in his position and has not indicated any intention of stepping down, voices within the financial sector and political arena challenge the status quo. Treasury
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JPMorgan Chase’s recent overhaul of its internal research division marks a pivotal moment in its pursuit of cutting-edge technology. By replacing a seasoned innovator like Marco Pistoia with Rob Otter—an executive steeped in digital transformation and quantum computing—the bank signals a strategic realignment aimed at bolstering its competitive edge in the rapidly evolving tech landscape.
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In the first half of 2025, the world witnesses an alarming escalation in cryptocurrency thefts, exposing a significant vulnerability within the digital economy. The staggering figure of over $2.17 billion stolen from crypto platforms and wallets within just six months reflects a perilous trend that threatens to overshadow the previous year’s losses, which hovered just
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In a landscape dominated by Western tech giants, China has quietly emerged as a formidable force in artificial intelligence innovation. The praise from Nvidia CEO Jensen Huang underscores a significant shift: Chinese AI models such as DeepSeek, Baidu Ernie, and Tencent’s offerings are not only competitive but are influencing the global AI development trajectory. This
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