February 28, 2022

Buffett laments lack of good investments even as Berkshire profit sets record

Warren Buffett on Saturday signaled he will stick to his knitting, bemoaning the lack of good investment opportunities for Berkshire Hathaway Inc as it sits on a massive pile of cash even after repurchasing a huge amount of its own stock. In his widely read […]
February 28, 2022

Investors brace for volatility as West moves to cut Russia off from SWIFT

Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system. New measures announced by the United […]
February 25, 2022

Electric Vehicle Checkpoint: Americans finally plug in to EVs

Are Americans finally joining electric vehicles? Sales of battery-powered electric vehicles reached a new record in the fourth quarter of 2021, despite stock problems and slow sales of new cars. This week, KBB announced that in the fourth quarter, sales of electric vehicles jumped by […]
February 25, 2022

Oil prices take breather as Russia advances further on Ukraine

Oil prices slipped on Friday, after sharp rises in the session, on concern over potential global supply disruptions from sanctions on major crude exporter Russia. The April Brent crude futures contract was down 33 cents, or 0.3%, to $98.75 a barrel at 1045 GMT, after […]