On Dec. 31, 95-year-old billionaire Warren Buffett took off his work coat for the final time as Berkshire Hathaway 's (NYSE: BRKA) (NYSE: BRKB) CEO and handed the reins to his successor, Greg Abel. Though he remains chairman of Berkshire's board, the company's day-to-day operations, including the oversight of its $316 billion investment portfolio, fall to Abel . Buffett's understudy of a quarter-c...
On Dec. 31, 95-year-old billionaire Warren Buffett took off his work coat for the final time as Berkshire Hathaway 's (NYSE: BRKA) (NYSE: BRKB) CEO and handed the reins to his successor, Greg Abel. Though he remains chairman of Berkshire's board, the company's day-to-day operations, including the oversight of its $316 billion investment portfolio, fall to Abel . Buffett's understudy of a quarter-century has vowed to maintain the same strategies and ethos that enabled the Oracle of Omaha and Berkshire's shareholders to prosper. Abel has a long-term focus, is hell-belt on locating value in any market, and is a big believer in concentrating Berkshire's capital into his best investment ideas (just like Warren Buffett ). Warren Buffett retired as CEO of Berkshire Hathaway on Dec. 31, 2025. Image source: The Motley Fool. Continue reading
wildpixel/iStock via Getty Images Gold pulled back amid rising rates and a stronger dollar, but history shows volatility is typical in crises. Strong margins leave miners well positioned if gold stabilizes or moves higher. Volatility in a Crisis Is Not Unusual Gold's March performance surprised many investors. Despite a sharp escalation in geopolitical tensions, gold prices pulled back after brief...
wildpixel/iStock via Getty Images Gold pulled back amid rising rates and a stronger dollar, but history shows volatility is typical in crises. Strong margins leave miners well positioned if gold stabilizes or moves higher. Volatility in a Crisis Is Not Unusual Gold's March performance surprised many investors. Despite a sharp escalation in geopolitical tensions, gold prices pulled back after briefly retesting record highs. That kind of price action may seem counterintuitive, but it is not unusual in periods of crisis. Gold reached an all-time high of $5,595 per ounce on January 29. Prices pulled back below $5,000 in February but were poised to retest those highs in March as the U.S. and Israel attacked Iran. The attack came on a Saturday, and early the following Monday, gold moved above $5,400. At that point, it looked like gold was on track to fulfill its role as a safe-haven asset. However, $5,418 marked the monthly high on March 2. What followed was a sharp selloff; gold plummeted $1,319 to a monthly low of $4,099 on March 23 before finishing March at $4,668.06, down $611, or 11.6%, for the month. It appears the bottom may be forming, though volatility remains elevated. Why Does Gold Fall During Global Uncertainty? We understand why investors would be disappointed with gold’s performance during a month of global turmoil. Selling pressure overwhelmed safe-haven demand and central bank buying. That said, this type of price action is not unusual when viewed in a historical context. Gold fell sharply at the onset of the financial crisis in 2008 and again during the early stages of the pandemic in 2020. In both cases, the initial reaction was driven by liquidity needs, rising rates and a stronger U.S. dollar. A similar dynamic was observed after Russia invaded Ukraine in 2022. Crude oil rose above $100 per barrel, contributing to higher interest rates and a stronger dollar, and after a short rally, gold declined by roughly 18%. While each of these periods was shaped b...
Europe is still at risk of low growth and rising inflation despite the ceasefire in Iran, the European Union’s top economy official said. “The longer-term outlook remains clouded by profound uncertainty,” EU Economy Commissioner Valdis Dombrovskis told the European Parliament’s economic and monetary affairs committee on Thursday. “The European economy remains at risk of a stagflationary shock” he ...
Europe is still at risk of low growth and rising inflation despite the ceasefire in Iran, the European Union’s top economy official said. “The longer-term outlook remains clouded by profound uncertainty,” EU Economy Commissioner Valdis Dombrovskis told the European Parliament’s economic and monetary affairs committee on Thursday. “The European economy remains at risk of a stagflationary shock” he added. The European Commission, the EU’s executive arm, is set to cut its gross domestic product forecast and raise inflation projections for 2026 and 2027 as the fallout from the Iran war ripples through the global economy. Earlier this week, the US and Iran agreed to a two-week ceasefire to try and find a broader deal to end hostilities. But the pact remains fragile, leaving open the possibility of further escalation. Dombrovskis said the conflict could shave 0.4 percentage points off EU output this year if the war is short-lived, and 0.6 percentage points in 2026 and 2027 if the conflict drags on. The shorter scenario would also grow inflation by 1 percentage point this year, while the more severe scenario could add as much as 1.5 percentage points both this year and next, Dombrovskis told EU lawmakers. Read More: EU Sees Risk of Stagflation Shock for Europe From Iran War The commission is helping EU countries craft support packages for businesses and households to limit the budgetary hit, given that capitals’ public coffers have been stretched by the pandemic, the energy crisis and financing an arms race. “It is crucial to keep in mind that our room to maneuver here is more limited than before given previous shocks” and “the urgent need for additional defense spending,” Dombrovskis said. Support measures “should be targeted, have a clear end date and not increase aggregate demand for oil and gas at a time when savings are needed,” he added.
Hulk Hogan’s waterfront Florida “cottage” has been put on the market for $4.5 million, just two months after his primary residence—where he died in July 2025—was listed for just under $11 million.
Hulk Hogan’s waterfront Florida “cottage” has been put on the market for $4.5 million, just two months after his primary residence—where he died in July 2025—was listed for just under $11 million.
Eduard Lysenko/iStock via Getty Images Dragos Constantinescu will join British American Tobacco ( BTI ) as CFO and executive director with effect from September 1, 2026, the company said on Thursday. Dragos is currently serving as CEO of Asahi Europe & International, having been with Asahi Breweries since 2019. Javed Iqbal will continue to serve as interim CFO until Dragos’ appointment, following ...
Eduard Lysenko/iStock via Getty Images Dragos Constantinescu will join British American Tobacco ( BTI ) as CFO and executive director with effect from September 1, 2026, the company said on Thursday. Dragos is currently serving as CEO of Asahi Europe & International, having been with Asahi Breweries since 2019. Javed Iqbal will continue to serve as interim CFO until Dragos’ appointment, following which Javed will continue in his role as Director, Digital & Information. More on British American Tobacco British American Tobacco: The Ideal Defensive Asset With A 12x P/E British American Tobacco: Nicotine Pouches/Vapour Tailwinds Entering FY2026 - Rich Dividend Yields British American Tobacco p.l.c. (BTI) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript Fast-track approval in the U.S. for nicotine pouches hits a speed bump Organigram gets C$65.2M BAT investment for Sanity