Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBCWarren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect of today's Berkshire Hathaway.In his must-read annual letter Saturday, the 93-year-old...
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‘One of the most important innovations in investing’: TMX CEO jumps deeper into ETFs
The Toronto Stock Exchange's parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi.According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally."The exchange-traded fund is essentially one of the most important innovations in investing in the...
Goldman Sachs and Abu Dhabi’s Mubadala ink $1 billion partnership to invest in Asia Pacific
An Emirati woman paddles a canoe past skyscrapers in Abu Dhabi, United Arab Emirates, on Wednesday, Oct. 2, 2019.Christopher Pike | Bloomberg | Getty ImagesDUBAI, United Arab Emirates — Goldman Sachs and Abu Dhabi sovereign wealth fund Mubadala on Monday signed a $1 billion private credit partnership to co-invest in...
Inflation remains sticky in Europe, with core prices cooling less than expected
A salesman preparing a bag of sweets for a customer in the Sicilian confectionery shop Mazzone on February 02, 2024 in Catania, Italy. Fabrizio Villa | Getty Images News | Getty ImagesInflation in the 20-nation euro zone eased to 2.6% in February, flash figures showed on Friday, but both the headline...
IRS targets wealthy ‘non-filers’ with new wave of compliance letters
IRS Commissioner Daniel Werfel speaks during an IRS event in McLean, Virginia, on Aug. 2, 2023.Alex Wong | Getty ImagesThe IRS has unveiled plans to target "non-filers" with a new round of letters, starting with high-income taxpayers who haven't filed federal returns since 2017.Starting this week, the agency will send...