Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering…
President Donald Trump announced on Nov. 14 that his administration is rolling back select tariffs on items including coffee, beef, cocoa and bananas, as he faces blowback for high grocery prices. But that doesn’t mean those prices are coming down anytime soon. Consumer price relief will take time, according to supply chain management data and history. The…
(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.) Just one week after Berkshire Hathaway’s revelation last Friday that it purchased 17.8 million Class A shares of Google’s parent, Alphabet, in the third quarter (July-September), that…
Short of a cash windfall, saving for a down payment on a home can take years — and in some U.S. states, it may take decades. A new analysis from ConsumerAffairs estimates how long it would take to save a 10% down payment in every state by comparing each state’s median household income with its…
Daniel Gray and his husband, Douglas, and their dog. Courtesy: Daniel Gray On Oct. 23, the day after Daniel Gray’s 56th birthday, he received an email that made him feel like he was dreaming: The U.S. Department of Education would forgive his more than $170,000 student loan balance. “I could not believe it,” Gray said….
This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil…
The U.S. Department of Transportation on Wednesday launched a nationwide campaign urging travelers to improve their behavior at airports and on flights, as disruptive incidents remain far above pre-pandemic levels. The effort, called “The Golden Age of Travel Starts with You,” aims to restore civility in the skies and address a surge in disruptive behavior….
Treasury yields were lower on Friday as investors contemplated the latest developments surrounding the Federal Reserve’s interest rate outlook. The yield on the benchmark 10-year Treasury fell more than 4 basis points to trade at 4.059%. Yields across the maturity curve ticked lower, with the 2-year Treasury yield shedding more than 5 basis points to…
U.S. President Donald Trump (L) greets Ukrainian President Volodymyr Zelenskyy outside the West Wing of the White House on October 17, 2025, in Washington, DC. Win Mcnamee | Getty Images News | Getty Images Ukrainian President Volodymyr Zelenskyy said Thursday that Kyiv is “geared up for clear and honest work” to develop a peace plan…
Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California. Getty Images As more major retailers post earnings, one theme is clear: Value players are winning both the wealthy and the cash-strapped. Walmart and TJX, T.J. Maxx’s parent company, stood apart from the pack this week by…
