Month: April 2021

Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Warren Buffett will kick off Berkshire Hathaway‘s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its
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Traders on the floor of the New York Stock Exchange. Source: NYSE April’s jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May. Stocks notched solid gains in April, as REITs, consumer discretionary names and communications services companies outpaced the broader market, all more
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A suburban Chicago hospital saw its ratings raised several notches after joining forces with a better heeled system, highlighting the appeal of consolidation for independent hospitals that Moody’s Investors Service says shows no signs of slowing. Moody’s this week raised Northwest Community Healthcare’s debt rating to Aa3 from A2 after security on $220 million of
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On Manhattan’s Billionaires’ Row, just off Central Park, a luxury four-bedroom residence is up for sale. Featuring ten-foot ceilings, four-and-a-half bathrooms and an eat-in kitchen, the unit also includes 24-hour concierge service. The catch? Good luck finding it on the open market. The seller, whose identity was not disclosed, is soliciting offers from just a
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Financial advisors have seen clients make very smart, and pretty dumb, 401(k) plan decisions. FatCamera | Getty Images Lower-income homeowners could benefit from a new refinance program being launched by the U.S. government. Starting this summer, eligible borrowers will be able to refinance their mortgage at a reduced interest rate and lower monthly payment, saving
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US economic growth received a boost in the first three months of 2021 from massive fiscal stimulus that fuelled consumer spending, as well as looser lockdown restrictions, bringing output close to pre-pandemic levels. Gross domestic product advanced 6.4 per cent on an annualised basis in the first quarter, the commerce department said on Thursday. That
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Alex Oh, who was named head of the Securities and Exchange Commission’s vaunted enforcement division last week, abruptly resigned, an early setback for Gary Gensler’s tenure running the Wall Street regulator. The surprise move, announced Wednesday in an SEC statement, means Gensler won’t have his preferred pick leading what’s arguably the agency’s most important division.
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