Berkshire Hathaway Operating Profit Sets Record But Posts Quarterly Net Loss

Berkshire Hathaway, the conglomerate run by businessman Warren Buffett, reported its operating earnings in its most recent quarter jumped more than 40% from a year ago but posted its first net quarterly loss in a year.

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Big Business This Week: Why the Fed Paused On Another Rate Rise

With inflation still above target, what does the Federal Reserve’s decision this week to hold the federal funds rate steady at 3.75% to 4% mean?

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