Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Abel, a 30-year veteran of the firm, will inherit control of Berkshire’s $348 billion cash reserves and $1.16 trillion empire. The news broke during the annual...
Billionaire investor Warren Buffett to step down after 60 years of leading Berkshire Hathaway
The announcement after a five-hour question-and-answer period at the company's annual shareholders' meeting on Saturday came as a big surprise, as the 94-year-old had previously said he did not plan to retire.
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Credit: euronews (in English) Duration: 01:06Published
U.S President Donald Trump has shared a TikTok video claiming he intentionally crashed the stock market to push the Federal Reserve into slashing interest rates. The video—originally posted by a user named “AmericaPapaBear”—suggests Trump’s economic tactics could benifit poor Americans. It falsely claims Warren Buffett praised Trump’s strategies as the best in 50 years. Meanwhile, J.P. Morgan has increased the chances of a recession as market volatility continues to rise.
#Trump #StockMarketCrash #Economy #RecessionFears #TrumpTikTok #FederalReserve #Buffett #Markets #Tariffs #ViralVideo #JPmorgan #TikTokPolitics #TrumpEconomics
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