Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. GroganWhen Warren Buffett kicks off Berkshire Hathaway's annual shareholder meeting on Saturday, the absence of Charlie Munger will be on everyone's mind.Some 30,000 rapt shareholders are...
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Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’
Squishmallows in the images of Warren Buffett and Charlie Munger display at the Berkshire Hathaway Annual Shareholder Meeting at Omaha, Nebraska, on May 3, 2024.Sarah Min | CNBCOMAHA, Neb. — Warren Buffett's annual shopping event, the pregame to Berkshire Hathaway's annual meeting, is wowing shareholders flocking here this weekend.With over...
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth.Immigrant workers made up...
Family offices are looking beyond the stock market for higher returns, new report finds
Large family offices have nearly half their investments in private markets and alternatives, as they move out of the stock market in search of higher returns and lower volatility, according to a new study.Family offices have 46% of their total portfolio in alternative investments, which includes private equity, real estate,...
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
A view of the Exxon Mobil refinery in Baytown, Texas.Jessica Rinaldi | ReutersThe Federal Trade Commission will wave through Exxon Mobil's roughly $60 billion acquisition of Pioneer Natural Resources after reaching an agreement with the energy giant, a source familiar with the matter told CNBC.The FTC will not block the...