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Profits drop at Warren Buffett's Berkshire Hathaway as it writes down its Kraft Heinz investment
Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer
New tariffs, alarming job numbers and a high-profile firing: A wild week for the Trump economy
Tariffs putting the squeeze on businesses and consumers while bringing in billions of dollars for the United States government.
US-born job gains outpace losses among immigrant workers
American-born job growth surged by close to two million in the last 12 months as jobs among foreign-born individuals declined during the same period, according to BLS data.
What work looks like in your 80s for half a million Americans
More than half a million Americans over 80 continue working after retirement, earning a median wage of $57,100 in fields like education or construction.
The dominant economic narrative has been revised: Chart of the Week
The Chart of the Day What we're watching What we're reading Economic data releases and earnings The US labor market has not been adding nearly as many jobs as initially reported. Friday's jobs report
Berkshire Operating Profits Fall 4% in 2nd Quarter. Company Takes Write-Down of Kraft Equity Stake.
Berkshire Hathaway’s operating profits after taxes were down 4% in the second quarter to $11.2 billion versus the same period a year ago, the company said Saturday. The company didn’t buy back any
Read AT&T CEO's frank response to employee feedback about a 5-day RTO mandate
In January, AT&T shifted from a hybrid schedule to a five-day in-office mandate. CEO John Stankey addressed employees' feedback in a memo to managers.
Private-credit ETFs are here. Why your retirement account may be their next target.
Private-credit ETFs aren’t in 401(k)s yet — but they are Wall Street’s latest effort to bring private assets to the masses and, eventually, into retirement plans.
Top economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy
"For the longer-run, the rise in the college wage premium is over, and a decline has (probably) begun," the Berkeley economist writes.
Here’s what the E.U. and South Korea trade deals mean for U.S. natural-gas investors
The European Union and South Korea have pledged to buy billions of dollars’ worth of energy products under trade deals with the Trump administration, as the White House aims to capitalize on the role
Trump Fires Labor Statistics Head, Prompting Concerns About Data
President Donald Trump fired the head of the Bureau of Labor Statistics hours after a report showed weak job growth, prompting outcries from economists and policymakers over the integrity of the data
Trump and the dollar are doing something we saw just before the October 1987 stock market crash
This past week has been strong for the U.S. Dollar Index — its best since October 2022, in fact. It’s a far cry from the first half of this year, when the index lost almost 11% — the worst first-half
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