Browsing: U.S. Department of the Treasury
The prediction market Polymarket had Donald Trump favored to win the presidential election, and then he became the president-elect, again.…
Warren Buffett is fearful—or just waiting. Why the Oracle of Omaha is sitting on his cash hoard
One of the famous pieces of investment advice is “be fearful when others are greedy and be greedy when others…
Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon
Berkshire Hathaway’s cash reserves are at an all-time high of $325.2 billion as Warren Buffett quickly exits what has been…
All eyes are fixed on the Federal Reserve this week. With inflation fading and the labor market showing signs of…
Treasury says IRS push has recovered $1.3 billion in unpaid taxes from wealthy since late 2023
The US government said Friday that it has recovered $1.3 billion from wealthy taxpayers since late 2023, as part of…
As Democratic presidential nominee Kamala Harris makes her case to the business community, one topic that’s frequently come up is…
Top economist Mohamed El-Erian says traders are too aggressive on Fed rate cut expectations
Traders are overplaying the prospects of an aggressive series of Federal Reserve interest-rate cuts before the end of the year,…
Fired CFO’s texts revealed a 10-year affair that led to higher pay and promotions, company says
Royal Bank of Canada said it has proof that its former chief financial officer engaged in an intimate relationship with…
Republican nominee Donald Trump said that the president should have some say over interest rates and monetary policy, a move…
It only takes a quick glance at the U.S. bond curve to realize something is off. One Treasury security —…