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
Waze to Show EV Charging Stations Soon
Waze will soon make it easier for EV owners to find charging stations on the road.
H&M Launches Resale Website in Sustainability Push
Fashion retailer H&M launched a platform to become more sustainable.
Adobe Shares Jump as Earnings Tops Estimates
Adobe shares rose after reporting earnings that topped estimates.
Stocks Close Down Amid Banking Concerns, Ahead of Fed Meeting
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss Wednesday's session as stocks closed down amid concerns over a banking crisis and ahead of next week's Fed meeting.
The Day Ahead: Earnings Season Continues, New Homes Data & Microsoft's AI Event
The Day Ahead: Earnings Season Continues, New Homes Data & Microsoft's AI Event
Feb. Retail Sales Decline Amid Car Buying Drop
Retail sales fell in February dragged by lower spending at restaurants and on vehicles.
Goldman Sachs Trims 2023 GDP Forecast
Goldman Sachs cut its outlook for economic growth this year, pointing to troubles in the banking sector.
What You Should Know About Risks in the Banking Sector
Caleb Silver, editor-in-chief of Investopedia, joined Cheddar News to explain the risks in the banking sector after the recent turmoil with Silicon Valley Bank and the news that Credit Suisse's biggest backer said it wouldn't provide further financial help.
T-Mobile Buys Ryan Reynolds-Owned Mint Mobile
T-Mobile has entered into an agreement to acquire the parent company of Mint Mobile, a direct-to-consumer prepaid wireless company partially owned by actor Ryan Reynolds.
