Going into Berkshire’s annual meeting this weekend, the portfolio has had more losers than winners. See full story.
With no letup in home prices, the California exodus surges
California is one of the most expensive housing markets in the country, and that’s prompting a wave of migration, particularly among lower- and middle-income residents, who are heading to cheaper states. See full story.
How the Fed’s removal of two words set off a firestorm of confusion
The Federal Reserve dropped ‘near term’ from its statement that risks are roughly balanced, setting off a debate over whether that was bullish or bearish. See full story.
Pudding Pop pitchman and predator: Bill Cosby stripped of advertising, television and movie accolades
The American Advertising Federation rescinded Bill Cosby’s induction into its Hall of Fame, the Oscars gave him the boot and the television academy wants some distance, too. See full story.
Elon Musk acted like a jerk, and Tesla stock paid the price
Tesla Inc. Chief Executive Elon Musk held a long, odd earnings conference call Wednesday in which he insulted analysts, the media, federal regulators and people who died behind the wheel of his cars, and then told anyone concerned about volatility not to invest in his company. Unsurprisingly, volatility ensued. See full story.
Not all peer pressure is a bad thing See full story.