In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller As Charlie Munger’s admirers around the globe mourn the loss of one of the most influential investors ever, a deep sense of gratitude and appreciation has spread — for
Whether you’re starting out in real estate, or have been involved in your profession for decades, the reality is that errors will happen. Part of growing both personally and in your line of work involves making mistakes. It’s often what happens after a misstep that is most important. If you can reflect on the event
Detached houses on a large housing development on the western side of Nashville, Tennessee. Georgeclerk | Istock | Getty Images Nashville natives say they barely recognize the city’s skyline anymore. And they probably won’t anytime soon, as cranes still litter the picture. The Nashville building boom is in full effect, despite higher interest rates, higher
Municipals were firmer Friday ahead of a large new-issue calendar, which boasts billion-dollar-plus deals from Pennsylvania and the New York City Transitional Finance Authority along with a sizable taxable Hawaii general obligation bond deal. U.S. Treasuries were rallying and equities were up near the close. Triple-A yields fell up to six basis points, depending on
British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological advancements and potential drawbacks. Members of the Treasury Select Committee have expressed reservations regarding the possible launch of a retail digital pound, underscoring the need for thoughtful examination before execution. Despite recognizing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli forces battered targets in densely populated southern Gaza on the second morning of renewed fighting with Palestinian militants on Saturday after a truce broke down. The latest round of hostilities has killed at least
Moody’s Investors Service Friday lifted Ohio’s issuer default and general obligation ratings to triple-A based on strong financial management and an economy that’s “poised for diversification and growth.” The state now boasts the coveted top issuer rating from Moody’s and Fitch Ratings, which upgraded it in September, 2022. S&P Global Ratings pegs the state one
Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange on Feb. 27, 2023. Brendan McDermid | Reuters Cathie Wood is about to notch her best month ever as her holdings of innovative technology stocks roared back from steep losses in the midst of
We’re rolling out genuine use cases for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today get two for the price of one: Blockchain based AI marketplaces, and financial analysis. It may not seem like the most exciting use case blending AI and crypto, but both
Los Angeles is a favored offseason destination for many NBA players, making it little surprise when Trey Lyles purchased a new construction home there in 2021 despite playing for the San Antonio Spurs at the time. Now a member of the Sacramento Kings, the multi-talented forward has put his getaway in the Encino neighborhood of
Nashville skyline at dusk. John Greim | LightRocket | Getty Images Over the past 30 years, Nashville, Tennessee — a city known for country music — has seen a flood of transplants moving from higher-cost cities. For new residents, “everybody has a different story,” said Jeff Hite, chief economic development officer of the Nashville Area
The judge in the Puerto Rico Electric Power Authority bankruptcy rejected five bondholder arguments Tuesday, bringing approval of the Oversight Board’s plan of adjustment closer. U.S. District Judge Laura Taylor Swain granted the Oversight Board’s motion to dismiss the bond parties’ — bond trustee U.S. Bank N.A., Assured Guaranty, Syncora Guarantee and the now defunct
Crypto mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have combined operations in an all-stock merger of equals to form a new United States-domiciled entity named Hut 8 Corp (New Hut). On Nov. 30, Canadian Bitcoin (BTC) mining facility Hut 8 Mining Corp announced an all-stock merger with USBTC, which has been
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military has restarted fighting against Hamas in Gaza, the Israel Defense Forces said on Friday, ending a week-long truce that international mediators had hoped to extend to an eighth day. “Hamas violated the operational
Municipals were firmer to close out the month, outperforming U.S. Treasury market losses Thursday, while the California Community Choice Financing Authority jumped into the primary with $1 billion-plus of clean energy revenue bonds, joining other issuers that moved up deals to take advantage of the strong market conditions. Municipals are poised to return well over
IOTA, an open-source distributed ledger and cryptocurrency focused on the Internet of Things (IOT), saw its native IOTA token rally 43% on Nov. 29 after announcing the creation of the Iota Ecosystem DLT Foundation and its registration in Abu Dhabi, the capital of the United Arab Emirates. This makes IOTA the first DLT foundation to
John Rogers Jr., Ariel Investments Chairman & CIO Adam Jeffery | CNBC It’s time to look at value stocks as growth names will have a difficult 2024, according to Ariel Investments’ John Rogers. “I think the top of growth stocks is coming,” Rogers told CNBC’s Scott Wapner at the CNBC CFO Council Summit in Washington,
We’re rolling out one genuine use case for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today: How blockchain can fight the fakes. Generative AI is extremely good at generating fake photos, fake letters, fake bills, fake conversations — fake everything. Near co-founder Illia Polosukhin warns
It’s hard to imagine in today’s modern real estate market that an early home of Italian Renaissance artist Michelangelo still exists. But it does and recently changed hands in Florence, Italy. The historic residence, built between the 14th and 15th centuries, is where the young Michelangelo di Lodovico Buonarroti Simoni grew up and honed his
Former U.S. President Donald Trump looks on, as the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James continues, in New York City, U.S., October 3, 2023. Eduardo Munoz | Reuters A New York appeals court Thursday reinstated a gag order