ADVERTISEMENTBillionaire investor Warren Buffet said on Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise as the 94-year-old had previously said he did not plan to retire.Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling for less than they were worth.His...
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A historic divergence is unfolding across asset classes, with gold surging to its best presidential-term start since Gerald Ford while U.S. stocks post their worst performance since the same era, and Bank of America's chief strategist Michael Hartnett says investors are increasingly betting on policy shifts to rescue the market from soft macroeconomic headwinds. In a note shared Friday, Hartnett outlined how the "second 100 days" of Donald Trump's 2025 presidency could bring...