Warren Buffett has called inflation "a gigantic corporate tapeworm" that eats into wealth, leaving only the illusion of profits. He used an analogy to show this, saying that if you buy stocks with money that could buy 10 hamburgers, and later sell for an amount that can also buy 10 hamburgers, then, "You may feel richer, but you won't eat richer.
In less than three months, billionaire Warren Buffett's illustrious investing career will come to a close. As stated by the Oracle of Omaha at Berkshire Hathaway's (BRK.A 0.34%) (BRK.B 0.42%) annual shareholder meeting in May, he intends to step down from the CEO role at the end of the year and hand the reins over to predetermined successor Greg Abel.
American Express has introduced a digital advertising platform dubbed Amex Ads. Announced Monday (Oct. 6) the platform is designed to let brands connect with the company's 34 million consumer card members in the U.S. Starting on AmexTravel.
American Express Company's structurally advantaged model, backed by a premium, loyal customer base, provides long-term resilience and pricing power. Travel & Entertainment and Goods & Services growth are under pressure, making Q3 a potentially bumpy quarter. Persistent inflation and cautious consumer spending weigh on billings, though high-income clients help cushion the impact.
NEW YORK--(BUSINESS WIRE)--American Express today unveiled Amex Ads, a digital advertising platform designed to help brands connect with American Express' 34 million U.S. Consumer Card Members. Beginning on AmexTravel.com and ultimately expanding to additional Amex-owned platforms, brands can serve high-spending Card Members relevant, contextual ads in the moments they are likely to engage, sho...
It's been quite a wild ride for markets over the past seven years, from the short-lived COVID-19 crash in 2020 and the nearly year-long bear market in 2022 to the tariff chaos that unfolded in the April 2025.
Warren Buffett may be retiring from his role as chief executive officer of Berkshire Hathaway (BRK.A -1.10%) (BRK.B -0.83%) at the end of this year, but it can still pay to follow what the Oracle of Omaha is doing with the conglomerate's stock portfolio.
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