Warren Buffett Speaks Out Against Handling of Banking Crisis
Speaking to Berkshire Hathaway shareholders on Saturday, Warren Buffett criticized how regulators and lawmakers have handled recent bank failures and said that the ongoing debt ceiling showdown will sow even more chaos.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
The AI boom is heating up worldwide competition, the NBA is cashing in, and short-selling is (surprise!) risky. Plus, who are this week's Usual Suspects?