Today's Top Story
Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune
Billionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein Read More
Business News
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US imposing a 25% tariff on some Brazilian imports starting July 22, citing unfair trade practices
The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy
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Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
Asian shares are mostly lower and oil prices have fallen despite back-and-forth strikes between the U.S. and Iran
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Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation
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Economic News
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Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
Asian shares are mostly lower and oil prices have fallen despite back-and-forth strikes between the U.S. and Iran
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Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity
Major Taiwan computer chipmaker TSMC says it plans to spend another $100 billion on expanding its manufacturing capacity in the United States
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Taiwan computer chipmaker TSMC says it will spend another $100 billion on expanding manufacturing capacity in the US
Taiwan computer chipmaker TSMC says it will spend another $100 billion on expanding manufacturing capacity in the US
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Money News
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You just retired (or are about to). Now what?
If there’s one group likely to be experiencing the most consternation over inflation and economic uncertainty, it’s those who have just retired or are about to
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Strained Ohio county seeks help to care for 16 siblings from squalid home and prosecute their family
The discovery of 16 siblings who authorities say were held at a home for years in squalid conditions is straining their rural Ohio county’s resources as it works to prosecute their parents and two grandparents and address the needs of so many children at once
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PepsiCo says economic concerns weighed on customers in North American during recent quarter
PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns
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