Speaking to Berkshire Hathaway shareholders on Saturday, Warren Buffett criticized how regulators and lawmakers have handled recent bank failures and said that the ongoing debt ceiling showdown will sow even more chaos.
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Cheddar Afternoon News Briefings of May 1st
Cheddar Afternoon News Briefings
Breaking Down Consumer E-Commerce Trends
The top financial concern for Americans in 2023 is inflation. Sudha Chandrasekharan, SVP, of Global E-Commerce at Auctane, joins Cheddar News to discuss how this outlook will change consumer spending habits, and why e-commerce is playing a vital role in the economy.
Charlie Munger Says Trouble is Coming for the U.S. Commercial Property Market
Charlie Munger, vice chairman of Berkshire Hathaway, told the Financial Times that the U.S. commercial property market is in trouble. “It’s not nearly as bad as it was in 2008,” he said. “But trouble happens to banking just like trouble happens everywhere else.”
Writer's Guild Could Call Strike as Early as Tuesday
Labor strife is coming to a head in the entertainment industry, as the Writers Guild of America (WGA) said it's prepared to strike at midnight Tuesday if it doesn't come to terms with the Alliance of Motion Picture and Television Producers (AMPTP).
Stock Market Today: Markets Drift After Latest Bank Failure
Stocks drifted to a mixed close on Wall Street as investors braced for what they hope will be the last hike to interest rates for a long time.
Cheddar Morning News Briefings of May 1st
Cheddar Morning News Briefings
Morning Alexa Flash Briefings of May 1st
Morning Alexa Flash Briefings
First Republic Bank Seized, Sold in Fire Sale to JPMorgan
Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase.
TJM Managing Director Reacts to Market Position After End-of-Week Turnaround
TJM Managing Director Reacts to Market Position After End-of-Week Turnaround
