Warren Buffett does a walkthrough of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025.David A. Grogen | CNBCAge isn't just a number for Warren Buffett after all.The 94-year-old investment legend recently surprised shareholders by announcing his intention to step down as Berkshire Hathaway CEO after...
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Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Inflation was slightly lower than expected in April as President Donald Trump's tariffs just began hitting the slowing U.S. economy, according to a Labor Department report Tuesday.The consumer price index, which measures the costs for a broad range of goods and services, rose a seasonally adjusted 0.2% for the month,...
Coinbase joining S&P 500 days after bitcoin soared past $100,000
Brian Armstrong, CEO of Coinbase, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Gerry Miller | CNBCCoinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped...
Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, on May 12, 2025.Carlos Barria | ReutersReceipts from U.S. tariffs hit a record level in April as revenue from President Donald Trump's trade war started kicking in.Customs duties totaled...
How to land a new job in a ‘low firing, low hiring’ market, economist says
Job seekers at a job fair hosted by the Metropolitan Washington Airports Authority to support federal workers looking for new career opportunities, at Ronald Reagan Washington National Airport in Arlington, Virginia, on April 25, 2025.Ting Shen/Bloomberg via Getty ImagesThese days, job hunting may feel like something of a paradox: Even...