Warren Buffett to Step Down as Berkshire Hathaway CEO in 2025, Greg Abel to Lead Company into New Era

Warren Buffett announced he will step down as CEO of Berkshire Hathaway at the end of 2025, marking the close of a legendary six-decade investment career. Speaking at the company’s annual shareholders meeting, Buffett shared…

Euro to Dollar Volatility Surges as Inflation and Jobs Data Shift Fed and ECB Rate Expectations

The euro saw sharp fluctuations against the U.S. dollar as a wave of major economic data was released from both the United States and the Eurozone. A rise in core inflation and stronger-than-expected job numbers…

U.S. Adds 177,000 Jobs in April, Beating Forecasts — Healthcare and E-Commerce Lead Gains as Wage Growth Cools, Easing Inflation Concerns

In April, the U.S. economy added 177,000 non-farm jobs, surpassing market expectations and signaling continued strength in the labor market. Job growth was led by the healthcare sector and e-commerce logistics, which remained key drivers…

U.S. GDP Shrinks 0.3% in Q1 2025

The U.S. economy stumbled at the start of 2025, with first-quarter GDP contracting at an annualized rate of 0.3%. Meanwhile, inflation rose to 3.5%, fueling fresh concerns about stagflation—a troubling mix of slowing growth and…

U.S. Core PCE Falls to 2.6% in March — Investors Eye Fed Rate Cut Amid Cooling Inflation

U.S. core PCE inflation cooled to 2.6% year-over-year in March, marking its lowest level in 2024 so far and signaling a notable easing of inflationary pressure. With the data reinforcing expectations for a potential interest…