Author: Editor-In-Chief

(This is the Warren Buffett Watch newsletter, news and analysis about Warren Buffett and Berkshire Hathaway. Sign up here to receive it in your inbox every Friday night.)Berkshire stock rises as Wall Street slumps due to AI concernsArrow pointing outside zoom in iconBenchmark underperformance narrowed as Berkshire stock rose S&P500 It rose to 4.3 percentage points from 12.2 percentage points on October 29th.Arrow pointing outside zoom in iconIn the third quarter, Berkshire’s wholly-owned company’s operating income increased 34% to approximately $13.5 billion, and underwriting income increased 200%.Again, there were no share buybacks, indicating that Buffett doesn’t think Berkshire’s stock is…

U.S. President Donald Trump gestures and speaks during an event announcing an agreement between Eli Lilly and Novo Nordisk to reduce the price of GLP-1 weight loss drugs in the Oval Office of the White House on November 6, 2025 in Washington, DC, USA. Jonathan Ernst | ReutersPresident Donald Trump has proposed a compromise on health care payments, urging Republicans to send federal payments made to insurance companies directly to Americans under the Affordable Care Act to end the government shutdown.”I encourage Senate Republicans to take the hundreds of billions of dollars currently being sent to money-sucking insurance companies to…

42 million people face food aid delays after the nation’s highest court authorized the U.S. president to suspend all SNAP payments.Published November 8, 2025November 8, 2025Click here to share on social mediaShare 2shareThe U.S. Supreme Court has allowed President Donald Trump’s administration to temporarily withhold nearly $4 billion in federal food aid for November, leaving 42 million low-income Americans in need wondering whether they will receive it amid the longest government shutdown in history.Judge Ketanji Brown Jackson issued an administrative stay Friday, giving lower courts time to evaluate the administration’s request to only partially fund the Supplemental Nutrition Assistance Program…

West Ham, under manager Nuno Espirito Santo, achieved a consecutive win with a come-from-behind 3-2 victory over Burnley at the London Stadium. The Hammers, who were without a win at home in nine games, look rejuvenated under the stewardship of the former Nottingham Forest manager and picked up three points following last weekend’s win over Newcastle. They also had a tough time, falling behind Jean Fleming’s header. This goal gave the home side a boost and Callum Wilson scored the vital equalizer just before the end of the first half.The game remained even in the second half, but substitute Tomas…

Douglas and Heather BoneperthPhoto: Sylvie RosokoffLove is complicated. Adding money makes it even better.But in their new book, Money Together, Heather and Douglas Bonepurse argue that honest and proactive discussions about finances can bring partners closer together and ultimately make them wealthier.Their book, published last month, begins with an anecdote about a couple on their honeymoon in Positano, Italy, eating a cold seafood salad and, a little later, talking about money. (Mr. and Mrs. Bone Perth were also on vacation and eavesdropping.) It is revealed that the two who were arguing had just discovered that the husband had credit card…

Despite the Nasdaq’s worst week since April, State Street reiterates its bullish stance on artificial intelligence trading.Momentum stocks still have headroom, said Anna Paglia, the company’s chief business officer, as investors are reluctant to walk away from the growth story that has driven profits all year.”Who wouldn’t want to be a part of the growth of AI technology? We’ve all been waiting for the growth-to-value cycle to turn, and I don’t see it happening yet because the momentum is there,” Paglia said on CNBC’s “ETF Edge” earlier this week. “I don’t think there will be a rebalancing trade until we…

Ukraine’s Foreign Minister Andriy Sibikha said more than 1,400 people from 36 African countries are known to be fighting for Russia in the war against Ukraine, and called on the government to warn their nationals not to take part in a conflict where they “will quickly be killed.”Sibiha, speaking on Friday, accused the Russian government of forcing Africans to join the war and sign military contracts that were “amount to a death sentence.”Recommended stories list of 4 itemsend of list“Foreigners in the Russian army have a sad fate,” Sibikha wrote to X. “Most of them are immediately sent on so-called…

Editor’s note: Watch the CNN Original Series “Tony Shalhoub Breaking Bread.” Enjoy a mouth-watering journey around the world where bread acts as a conduit to different cuisines and cultures. The series airs Sundays at 9pm ET/PT on CNN. Paris — When baguettes were officially added to UNESCO’s cultural heritage list in Paris in 2022, a photo shoot in which a French delegation triumphantly waved the crispy bread in the air made headlines around the world. French President Emmanuel Macron hailed the baguette on social media as “250 grams of magic and perfection in our daily lives,” along with an iconic…

This week, democratic socialist Zoran Mamdani made history by becoming the first Muslim mayor of New York City. His path to victory was anything but smooth. After his historic victory in the mayoral primary, he faced a landslide of attacks from across the political spectrum. In the months that followed, hateful rhetoric from right-wing agitators, social media figures, and even three of his opponents surged.Republican candidate Curtis Sliwa claimed that President Mamdani supports “global jihad”. Independent candidate and former New York governor Andrew Cuomo agreed with Mamdani’s comment that he would be celebrating “9/11 again.” And outgoing New York City…

CG Tan | E+ | Getty ImagesBillionaires are increasingly dissatisfied with money managers and accountants, but highly value personal trainers and therapists, a new survey has found.Only one-third of high-net-worth individuals use a wealth advisor for financial planning, and one in five plan to fire their advisor due to high costs and poor service, according to new research from Long Angle, a professional network for startup founders and CEOs. Among those who use an advisor, 26% are considering switching and 18% are likely to stop using their advisor altogether.In contrast, millionaires are very happy with personal trainers, therapists, and other…