Day: April 30, 2022
Berkshire Hathaway Inc. Chairman and CEO Warren Buffett and his right-hand man Charlie Munger don’t appear to be warming up to bitcoin. Asked if their views had changed Saturday afternoon at Berkshire’s BRK.A, -2.94% BRK.B, -2.55% annual meeting, Buffett said he preferred tangible assets that produce something, such as farmland, and argued that the U.S. […]
Warren Buffett hasn’t changed his tune on Federal Reserve Chairman Jerome Powell despite a surge in inflation. Buffett, the chairman and CEO of Berkshire Hathaway Inc. BRK.A, -2.94% BRK.B, -2.55%, two years ago told shareholders that Powell belonged “on the pedestal” with former Fed chief Paul Volcker, for his quick response to the danger to […]
Warren Buffett hasn’t changed his tune on Federal Reserve Chairman Jerome Powell. Buffett, the chairman and CEO of Berkshire Hathaway Inc. BRK.A, -2.94% BRK.B, -2.55%, two years ago told shareholders that Powell belonged “on the pedestal” with former Fed chief Paul Volcker, for his quick response to the danger to the economy and financial system […]
Berkshire Hathaway vice chairman Charlie Munger had some advice for a young attendee at Berkshire’s annual meeting on Saturday. “When you have your own retirement account, and your friendly adviser suggests you blow money into bitcoin, just say no,” said Munger. Fidelity Investments announced April 26 that it will allow investors to add a bitcoin […]
Berkshire Hathaway Inc. BRK.A, -2.94% BRK.B, -2.55% went on a roughly $40 billion securities buying spree between Feb. 21 and March 15, but has since reverted back to its more “lethargic” pace, Chairman and CEO Warren Buffett told shareholders at the conglomerate’s annual meeting Saturday. Buffett went on to note that Berkshire still ended the […]
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). 2199 Total views 28 Total shares A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial […]
Beauty products from Victoria’s Secret & Co. VSCO, -4.79%, including the namesake brand and the Pink brand, began selling on the Amazon.com Inc. AMZN, -14.05% site on Friday. Customers can shop the more than 120 items. “Through customer feedback and research, we’ve heard consumers want to purchase VS Beauty in Amazon’s store and already search […]
While Bitcoin miners continue to pursue the last 2 million BTC into circulation, the overall network is well-positioned to attain greater resilience against vulnerabilities. 1412 Total views 66 Total shares Reassuring its position as the most resilient blockchain network against attacks, the Bitcoin (BTC) network recorded a new all-time high network difficulty for the second […]
The U.S.-listed shares of China-based technology companies soared in premarket trading Friday, after The Wall Street Journal reported that Chinese regulators were preparing to pause its campaign against technology companies, as they look to stem the deterioration in China’s economy. Citing people familiar with the matter, the WSJ report said regulators are set to meet […]
A resolution passed by the New Hampshire House of Representatives to set up state-run cannabis sales in the Granite State was nixed by the Senate on Thursday as one of two bills that failed to pass the chamber, according to as report by Marijuana Moment. The cannabis sales bill as proposed by Rep. Daryl Abbas […]
