State AGs urge Meta to clean up platform

New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July 13, 2022 in New York City. Michael M. Santiago | Getty Images A group of 42 state attorneys general are calling on Meta to curb the rise of investment scams on Facebook that fraudulently use…

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Berkshire Hathaway shares dip nearly 3% after shocking Buffett exit and an earnings decline

Berkshire Hathaway shares dip nearly 3% after shocking Buffett exit and an earnings decline

People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway Inc annual shareholders’ meeting, in Omaha, Nebraska, U.S., May 3, 2025. Brendan McDermid | Reuters Berkshire Hathaway shares are hanging on solidly Monday as investors process Warren Buffett‘s surprise announcement to step down and envision a new…

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Actively managed ETFs hit  trillion

Actively managed ETFs hit $1 trillion

It’s milestone month for the exchange-traded fund industry. Actively managed ETFs now have more than $1 trillion in assets under management, according to independent research firm ETFGI. That’s roughly the market cap of Berkshire Hathaway, Saudi Arabia’s gross domestic product and the value of 121 New York Yankees franchises. The ETF Store’s Nate Geraci thinks…

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Warren Buffett calls Trump’s tariffs a tax on goods, says ‘the Tooth Fairy doesn’t pay ’em’

Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Legendary investor Warren Buffett made a rare comment on President Donald Trump’s tariffs, saying punitive duties could trigger inflation and hurt consumers. “Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war,…

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