Investing

Berkshire investors hope for Buffett’s guidance at annual meeting with tariffs shaking markets, economy

Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.CNBCWarren Buffett has been mum about tariffs and the recent market turmoil, but will finally speak his mind when the 94-year-old investment legend kicks off Berkshire Hathaway's annual shareholder meeting on Saturday.Tens of thousands...

Economy

U.S. payroll growth totals 177,000 in April, defying expectations

Job growth was stronger than expected in April despite worries over the impact of President Donald Trump's blanket tariffs against U.S. trading partners.Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the Bureau...

News

Starbucks stock falls as sales disappoint, turnaround pressures earnings

Starbucks on Tuesday reported weaker-than-expected earnings and another quarter of same-store sales declines, but the coffee giant said its turnaround strategy is showing early signs of success."Our financial results don't yet reflect our progress, but we have real momentum with our 'Back to Starbucks' plan," CEO Brian Niccol said in a video posted...