Berkshire Hathaway Steps Up Investments as Cash Hoard Shrinks
Berkshire Hathaway began drawing down its massive cash reserves in the second quarter, investing billions of dollars in stocks while accelerating share buybacks. The conglomerate repurchased $4.5 billion of its own shares during the...
Lazard Q2 Profit Plunges 91% as Advisory Revenue Weakens
Investment bank Lazard reported a sharp 91% decline in second-quarter profit, as a significantly higher tax rate and weaker performance in its financial advisory business weighed on earnings. Net income dropped to $5 million,...
Trump Shifted Crypto Windfall Into Stocks and Bonds, Financial Filings Reveal
U.S. President Donald Trump earned more than $1.4 billion from his family’s cryptocurrency ventures in 2025, including World Liberty Financial and the Trump meme coin, according to financial disclosures filed with the U.S. Office...
Canadian Dollar Outlook Weakened by USMCA Uncertainty
Canada’s dollar is expected to strengthen less than previously forecast over the next year as uncertainty surrounding the revision of the U.S.-Mexico-Canada Agreement (USMCA) weighs on the country’s economy, according to a Reuters poll...
U.S. Manufacturing Growth Slows in June as Order Surge Eases
U.S. manufacturing activity moderated in June after posting its strongest performance in three years during May, as the boost from businesses rushing to place orders ahead of potential shortages and price increases linked to...