World

Berkshire Hathaway BRK earnings Q3 2024

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett sold another big chuck of his Apple stake, downsizing Berkshire Hathaway‘s biggest equity holding for four quarters in a row. The Omaha-based conglomerate held $69.9 billion worth of Apple shares at the end of September, according to its third-quarter earnings …

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The next president could inherit a booming economy

Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally at Macomb Community College in Warren, Michigan, U.S., November 1, 2024 (L), and Democratic presidential nominee U.S. Vice President Kamala Harris speaks during a campaign event in Atlanta, Georgia, U.S., October 19, 2024. Reuters A flurry of remarkably good economic news over the past week could create …

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Berkshire Hathaway’s cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway‘s monstrous cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and held back from repurchasing shares. The Omaha-based conglomerate saw its cash fortress swell to a …

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UK’s opposition Conservatives name right-wing Kemi Badenoch as new leader

Conservative leadership contender Kemi Badenoch delivers a speech on the final day of Conservative party conference at Birmingham ICC Arena on October 2, 2024 in Birmingham, England.  Dan Kitwood | Getty Images News | Getty Images LONDON — The U.K.’s opposition Conservative Party on Saturday named right-wing Kemi Badenoch as its new leader, closing a long-drawn-out runoff after the Tories’ …

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Record numbers of wealthy Americans are making plans to leave the U.S.

Ferragudo, Portugal. Gonzalo Azumendi | Stone | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A growing number of wealthy Americans are making plans to leave the country in the run-up to Tuesday’s election, …

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25-year-old turned 50-cent jeans into a multimillion brand worn by Taylor Swift

Elena Bonvicini didn’t set out to start a multimillion-dollar denim brand worn by the likes of Taylor Swift, Gigi Hadid and Kendall Jenner. She just liked thrift shopping.  Every summer as a teen, the Southern California native would go to Wisconsin to see her grandparents. She’d visit thrift stores in the area and rifle through the denim selection, searching for …

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