(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)ABEL GOES HIS OWN WAY WITH NEW INVESTMENTS IN HOME BUILDING ... AND AIBuffett praises new CEO for 'fast' and...
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported Wednesday.The payrolls processing firm said companies added 122,000 workers for the month, up from 105,000 in April and better than the Dow Jones consensus estimate for 110,000. May marked the strongest...
Soaring stocks created 2 million new millionaires around the world last year
Aerial view of yachts moored in the Port Vell marina of Barcelona, SpainBusà Photography | Moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Soaring...
Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
New Chairman of the Federal Reserve Kevin Warsh arrives during a swearing in ceremony in the East Room of the White House in Washington, DC on May 22, 2026. Aaron Schwartz | Afp | Getty ImagesAnother big jobs report in May has pretty much swept aside the possibility of interest...
Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Over recent weeks, Parker Taylor reached a grim milestone in his work history.The 29-year-old had been employed consistently since he was a teen, first on a factory floor and most recently in medical sales. But the St. Petersburg, Florida, resident hasn't been able to start a new gig after losing...