Economy

Berkshire Hathaway resumed buybacks. But the shares aren't particularly cheap

liberal

Berkshire Hathaway resumed buybacks. But the shares aren't particularly cheap

A narrower discount could limit how much stock Berkshire will repurchase and, in turn, how much support buybacks will give the shares.

7 months ago

Mastercard was a casualty of the AI scare trade. This deal could turn it around

liberal

Mastercard was a casualty of the AI scare trade. This deal could turn it around

Mastercard plans to buy a stablecoin infrastructure company, and analysts suspect it could provide a tailwind for the stock over the long run.

7 months ago

Third round of March Social Security payments goes out in three days

conservative

Third round of March Social Security payments goes out in three days

The third round of March Social Security payments for retirees, now capped at $5,108, will be issued in three days.

7 months ago

April Social Security Direct Payment Worth $994 Goes Out in 10 Days

conservative

April Social Security Direct Payment Worth $994 Goes Out in 10 Days

The April 2026 Supplemental Security Income payments, worth up to $994, will be issued to recipients in 10 days.

7 months ago

It's a bad idea to cap Tennessee Valley Authority salaries

conservative

It's a bad idea to cap Tennessee Valley Authority salaries

When the United States was in the grips of the Great Depression, not only were people lacking in jobs and food, but also access to natural resources. Just two months after assuming office, President Franklin D. Roosevelt signed into law the Tennessee Valley Authority Act. The government-owned corporation currently supplies electric power to seven states.

7 months ago

Puerto Rico Can't Afford Price Controls

conservative

Puerto Rico Can't Afford Price Controls

Congress may soon inadvertently wreck Puerto Rico’s economy.

7 months ago

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

liberal

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say experts

7 months ago

From One Safe Haven to Many: Why the World’s Wealthy Are Diversifying Globally

liberal

From One Safe Haven to Many: Why the World’s Wealthy Are Diversifying Globally

For decades, wealthy investors often chose a single global hub to base their wealth, but that strategy is changing. Increasingly, high-net-worth families are spreading assets, businesses and even residency across multiple jurisdictions. Experts say the shift reflects a broader diversification strategy – treating countries much like an investment portfolio.

7 months ago

Eight US States Ask Judge to Temporarily Stop $3.5 Billion Nexstar and Tegna Merger

liberal

Eight US States Ask Judge to Temporarily Stop $3.5 Billion Nexstar and Tegna Merger

States Argue Deal Would Create Largest Broadcast Station Group in US, Cut Jobs and Increase Consumers’ Cable Bills

7 months ago

3 themes that gripped Wall Street as stocks dropped for a 4th straight week

liberal

3 themes that gripped Wall Street as stocks dropped for a 4th straight week

The Iran War and fresh economic data stoked inflation concerns.

7 months ago

Trump’s economic shocks are derailing Britain’s building plans

liberal

Trump’s economic shocks are derailing Britain’s building plans

With major developments collapsing, pressure is growing on councils to concede on affordable housing and public amenities

7 months ago

'Safe' Corridor Opening Up Through Strait of Hormuz

conservative

'Safe' Corridor Opening Up Through Strait of Hormuz

Iran appears to be allowing certain vetted vessels to pass the chokepoint and is reportedly working on a standardized process

7 months ago