Warren Buffett’s retirement hasn’t distracted Berkshire Hathaway from doing what he did best — snapping up beaten-down stocks. The legendary investor’s conglomerate has nearly doubled its stake in homebuilder Lennar since the end of June, regulatory filings show. Buffett, 96, departed as CEO at the turn of this year and stepped down as chairman on
Bill Ackman thinks tighter monetary policy could prove to be a mistake in the era of AI. The billionaire investor said late Thursday that the Federal Reserve’s decision to hike interest rates last week was the wrong move, because AI may be rewriting the rules that guide the central bank’s response to inflation. Ackman wrote
It’s the hot new thing in tech, and it’s where all the jobs are. Students who don’t learn to use it fall behind. And to help them catch up in time, its creators are graciously providing the resources and curriculum for learning it, often pro bono. That’s the narrative AI companies are pitching schools on
The Iran war exposed just how much the world relied on a narrow 20-mile-wide waterway. Soon after the U.S. launched strikes on Iran, the latter threatened to strike ships trying to traverse the Strait of Hormuz, the channel for much of the Middle East’s oil and gas exports. The threat of shortages pushed countries across
Apple surprised the tech world this week by selling new versions of the Mac Mini and Mac Studio desktop machines, right as it also released a teaser for its big iPhone event on Sept. 9. No wonder the event tagline is Surprise and Shine. Launching new Macs and iPhones isn’t the typical Apple playbook for
Abdul El-Sayed won a hard fight in Michigan’s Democratic primary race for U.S. Senate against Rep. Haley Stevens. He eked out a win by 15,000 votes, or about 1% of the almost 1.5 million votes cast during the election on Aug. 4, 2026. El-Sayed had a consistent populist message during the primary campaign. He told
