(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Greg Abel’s annual cash salary for 2026 as the new CEO of Berkshire Hathaway is $25 million, a 19% increase from the $21 million he got…
Leading U.S. oil executives told President Donald Trump at the White House on Friday that Venezuela will need major reforms to attract investment. Trump said Friday the industry would invest at least $100 billion to rebuild Venezuela’s energy sector with U.S. security guarantees. But the CEOs of big oil companies like ExxonMobil and ConocoPhillips did…
Wall Street had a stellar first full trading week of 2026, shaking off a barrage of uncertainty caused by President Donald Trump ‘s social media posts and the surprise military operation in Venezuela. The S & P 500 turned in a record high close Friday, following weaker-than-expected December job growth. The government reported that nonfarm…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 hit another record high on Friday as the market closed out the first full trading week of 2026. And there was…
President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. Exxon CEO Darren Woods, ConocoPhillips CEO Ryan Lance, and Chevron Vice Chairman Mark Nelson attended. Executives from Halliburton, Valero and…
National Economic Council Director Kevin Hassett said Friday the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping levies. “There was a big call last night with all the principals to talk about if the Supreme Court were to rule against this…
A “Now Hiring” sign at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Friday, Oct. 24, 2025. Allison Joyce | Bloomberg | Getty Images The U.S. labor market ended 2025 on a soft note, with job creation in December less than expected, according to a report Friday from the…
The world’s longest robot: Autohaul, Rio Tinto’s autonomous heavy-haul train Rio Tinto Rio Tinto and Glencore have confirmed they are back in talks about a possible $260 billion megadeal that could form the world’s largest mining firm. “Rio Tinto and Glencore have been engaging in preliminary discussions about a possible combination of some or all…
HAIKOU, CHINA – JANUARY 01: Customers shop at CDF Haikou International Duty Free City on January 1, 2026 in Haikou, Hainan Province of China. Luo Yunfei | China News Service | Getty Images China’s consumer inflation accelerated in December to the fastest pace in nearly three years as spending picked up ahead of the New…
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images Asia-Pacific markets traded mixed on Friday as investors awaited China’s inflation data coming out later in the day. China’s consumer price…
