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.

Share:
More In Business
Foot Locker Plans 'Reset' Closing 400 Stores, Many in Malls
Foot Locker is planning to close 400 stores by 2026 as part of a "reset" of its retail brand. The relaunch could also introduce "experiential" new stores and shifting away from underperforming stores in malls, which currently account for 10 percent of its sales.
Yellen Says Bank Situation 'Stabilizing,' System Is 'Sound'
Treasury Secretary Janet Yellen is trying project calm after regional bank failures, saying the U.S. banking system is “sound” but additional rescue arrangements “could be warranted” if any new failures at smaller institutions pose a risk to financial stability.
Load More