archivenews

By JOSH FUNK OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said 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 because 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...

Mortgage preapproval first-time homebuyersIf you’re a first-time homebuyer, here’s how to get a mortgage preapproved.Starting earlier this month, any property listing that was publicly marketed to consumers but not listed on the local MLS within one business day no longer appears on Zillow.This step is in line with the National Association of Realtors' Clear Cooperation Policy, which aims to prevent exclusive real estate listings and increase fairness among buyers.Corrections & Clarifications: The headline on an earlier version of this story gave the wrong timing. The listing changes will happen later...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets traded mixed as investors assessed trade developments between the U.S. and countries in the region, with focus also on Asian currencies that reversed course to weaken Tuesday as the dollar appreciated. India has reportedly proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis and up to a certain amount of imports, while Malaysia said Monday that Washington had agreed for further talks and there could be a cut in tariffs. Treasury Secretary Scott Bessent told CNBC...

Asian currencies strengthened against the dollar, with the Taiwanese dollar leading the charge. Taiwan's stock benchmark Taiex fell. Australia stocks fell following Prime Minister Anthony Albanese's reelection. India's benchmark Nifty 50 and broader BSE Sensex rose. Japanese, South Korean, Hong Kong and Chinese markets were closed for public holidays. Asia-Pacific currencies appreciated Monday, led by the Taiwanese dollar, as the U.S. dollar weakened. Taiwan's currency continued to strengthen, appreciating 5.77% against the greenback to 3-year highs of 28.93. The offshore Chinese yuan strengthened 0.21% against the dollar to 7.196, hitting its strongest...

Analysis of the S&P 500, Dow Jones industrial average and Nasdaq during Donald Trump's second term in office and how it compares to the first terms of Barack Obama and Joe Biden.One hundred and one days into Donald Trump's second presidency, investors aren't as sure as they were about the short-term outlook for America's businesses as they were when he took the oath of office.In the weeks between Trump's election and inauguration, the Dow Jones industrial average and the S&P 500 rose more than 4%, as investors expected more pro-business...

Orange Park Mall could soon be under new ownership.Washington Prime Group plans to sell its entire portfolio of 50 shopping centers, including Orange Park Mall, as it lays off employees at its corporate headquarters, as first reported by Jacksonville Daily Record.This would be the second mall in Jacksonville to recently undergo a sale after Blackwater Development finalized its purchase of Regency Square Mall earlier this month.The property purge includes 10 malls and shopping centers in Florida.The Orange Park Mall turns 50 years old this year and is the Jacksonville area's...

US President Donald Trump has touted an increase in new investments coming into the country at an event with some of the world's business leaders. More than 20 CEOs from major companies planning to invest took part in the event at the White House on Wednesday. Trump said, "The companies represented in this room have collectively announced more than 2 trillion dollars in new investments." He also said, "Every new investment, every new factory and every new job created, is a sign of strength in American economy and a declaration...

Watch: Indiana public school teachers rally at Indiana StatehouseShaina Terano, a teacher at Belzer Middle School in Lawrence Township, discusses what her students could lose with SB 1, the proposed property tax reform bill.Indiana's SEA 1 will provide property tax relief to homeowners and businesses, with businesses receiving the largest cuts.Local governments can offset property tax revenue by increasing income taxes. That could mean some families pay over $1,000 more per year on income taxes.Cities across Indiana are evaluating the impact of SB 1 and considering measures like hiring freezes...

March’s local real estate activity indicated a relatively balanced market for both Sarasota and Manatee counties, but changing national and international dynamics could call that stability into question.The Realtor Association of Sarasota and Manatee’s March report noted continued stability in the Sarasota and Manatee real estate markets, with steady single-family home activity and a strong presence of cash buyers tilting the overall trend slightly in favor of buyers. But as international economic headwinds shift following President Donald Trump's imposition of his tariff policies, and other countries' retaliation, the market could...

Looking across the Atlantic at the USA, there are many times when it feels like we’re worlds apart - after all, Americans call our beautiful game of football 'soccer' and let’s not get into what the word 'pants' actually means. Yet the decisions taken by the USA can still have a huge impact on our everyday finances, and on his return to office, President Donald Trump has not held back on his policies. Over the last few weeks, the President has gone full speed ahead in introducing global tariffs in a...