Berkshire Hathaway’s acquisition of insurer Alleghany, Warren Buffett’s biggest deal in six years, is a good bargain compared to past deals in the industry.
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Warren Buffett is paying a relatively cheap price for his biggest takeover in six years, analyst says
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Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led […]
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Silver plummets 15%, gold falls 7% — dragging down miners and ETFs
Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged on Friday, sparking a global sell-off of stocks and funds linked to the metals. By 5:04 a.m. ET, spot […]
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CNBC Daily Open: We’ll soon find out who the new Fed chair is
A digger sits at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters The current moment feels like the finale […]
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