Business

The Schumer shutdown is one of the dumbest things I have ever seen. Even by Washington standards, this was so foolish. Even by Schumerian standards, which is a very low bar, this shutdown was utterly stupid. Millions of Americans were highly aggravated. It accomplished absolutely nothing. With a few bells and whistles, the original Speaker Mike Johnson House CR bill is the one that’s gonna pass.The Democrats did not get […]

Warren Buffett, 95 years old, delivered his final letter to shareholders, telling his followers, "I'm going quiet." He did, however, make note of his plans for more philanthropic donations to the charities he supports, while also wishing his successor, Greg Abel, who will take the helm at the end of the year, an "extended tenure." BERKSHIRE HATHAWAY'S DEAL TO BUY OCCIDENTAL PETROLEUMShares of Berkshire's B class stock have gained over 10% this […]

Legendary investor Warren Buffett on Monday published a letter to shareholders letting them know he will be handing off the duties of writing Berkshire Hathaway's annual report and speaking at shareholder meetings to his successor, Greg Abel.Buffett, the 95-year-old chairman and CEO of Berkshire Hathaway, wrote that, "I will no longer be writing Berkshire's annual report or talking endlessly at the annual meeting. As the British would say, I'm 'going quiet.' Sort […]

High taxes, surging rents and the overall increase in cost-of-living expenses are causing some New Yorkers to search for a new home outside the Big Apple.But, they aren’t necessarily moving far away.Economists at Realtor.com identified the top destinations that had the most interest among people living in all five boroughs – Manhattan, Brooklyn, Queens, the Bronx and Staten Island. The data analysis covers the third quarter of 2025, from July […]

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks.While those fees are paid by the store every time a customer makes a transaction, they often get passed onto consumers through higher costs for goods and services. These fees are commonly referred to as swipe fees or interchange fees, which the National Retail Federation (NRF) argued added inflationary […]

As U.S. manufacturers scramble to fill hundreds of thousands of open jobs, China is doubling down on its bid to become the world’s workshop, and industry experts say the stakes couldn’t be higher."If I had one of those big red bells in a fire department, I'd hit it with a hammer. I'd ring the alarm. This is it," Mike Rowe, CEO of the mikeroweWorks Foundation, warned Sunday on "One Nation […]

Texas is cementing its reputation as one of the most business-friendly states in America, and now, it’s written into the state's constitution.Voters approved three pro-business tax amendments on Election Day, ensuring that the Lone Star State can never impose taxes on capital gains, estates or inheritances, and certain securities transactions.While Texas doesn't currently levy these taxes, the new constitutional amendments make that tax certainty permanent, sending a signal to investors […]

Artificial intelligence giant OpenAI on Monday announced a new initiative that aims to make it easier for service members and veterans to use AI tools when they're transitioning from military service to the workforce.The ChatGPT-maker announced that service members within 12 months of separation or retirement from, or any veteran within their first year of leaving military service, can access a free year of access to ChatGPT Plus, the company's subscription-based tool.Katrina […]

Florida authorities recently arrested a man accused of soliciting a child through the popular gaming platform Roblox.The arrest was announced by the Flagler County Sheriff's Office (FCSO) on Nov. 7. The suspect, Brandon Rodriguez-Silva, 20, of San Jose, California, has been charged with transmitting material harmful to minors by electronic device and soliciting a child for unlawful sexual conduct using a computer service or device.According to authorities, Rodriguez-Silva allegedly engaged the […]