RH, Wayfair up after Trump delays higher tariffs

Wayfair store in Wilmette, Illinois. Courtesy: Wayfair Stock Chart IconStock chart icon RH and Wayfair, 1-day Trump on Wednesday issued a yearlong pause on increased levies on upholstered furniture, along with kitchen cabinets and vanities. Instead, the duties on upholstered furniture will remain at 25% — the level Trump set in September. Before Trump’s 11th-hour…

Read More

Berkshire has the best odds of lasting a century

Warren Buffett tours the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC In his final interview as CEO, Warren Buffett said Berkshire Hathaway is better positioned than any company to endure for the next century and gave his successor Greg Abel a strong endorsement. “It has…

Read More

A 5 million percent return

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC The investing world’s north star is beginning to dim. Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run that turned an unremarkable textile company into…

Read More