Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion

Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record 4 billion

Key Points

The Warren Buffett-led conglomerate said its operating profit — which encompasses earnings from the company’s wholly owned businesses — skyrocketed to $14.527 billion during the final three months of 2024.
That was led by by a whopping 302% jump in insurance underwriting from the year-earlier period to $3.409 billion.

Source

Finance

Under threat from Trump, Wall Street banks wager they can fend off credit card price controls

January 14, 2026

Key Points U.S. banks including JPMorgan Chase and Citigroup showed no signs of capitulation to President Donald Trump’s mandate of a 10% cap on credit card interest rates. Five days after the original threat, bankers and their lobbyists told CNBC that they have yet to receive any formal or written guidance from the Trump administration […]

Finance

Airlines to save big money on fuel as new weight loss pills gain popularity, Wall Street says

January 14, 2026

Celsopupo | Istock | Getty Images Wall Street is finding an unexpected beneficiary of America’s weight loss boom: airlines. With the first GLP-1 weight loss drug now available in pill form, analysts at Jefferies say broad adoption across society could quietly lower fuel bills — airlines’ single largest cost — and lift earnings for the […]

Finance

Stocks making the biggest moves midday: Biogen, Rivian, Bank of America, Airbnb & more

January 14, 2026

Check out the companies making headlines in midday trading. Biogen — The biotech’s stock tumbled more than 4% after the company warned it would need to take a $222 million pretax charge in the fourth quarter. The company said the charge, which includes research-and-development expenses and milestone payments, will lower its net income by about […]