We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Greg Abel took over as Berkshire Hathaway’s CEO at the beginning of this year, and the company’s cash pile hit a record $397 billion during…
Retail prices make poor targets for excise taxAn excise tax is a tax imposed on a specific good or activity. Excise taxes are commonly levied on cigarettes, alcoholic beverages, soda, gasoline, insurance premiums, amusement activities, and betting, and typically make up a relatively small and volatile portion of state and local and, to a lesser extent, federal…
More than 90% of senior finance leaders are facing moderate to significant career pressure to demonstrate that agentic AI is delivering ROI, with the majority of respondents to a global survey painting a picture of speed often being valued over governance and accountability. For the report Agents of Change: How the Race to Deploy AI…
The federal Highway Trust Fund (HTF) is once again approaching insolvency. The Congressional Budget Office (CBO) projects that the HTF will exhaust its balance by fiscal year 2028. Recently, lawmakers have introduced new fees on electric vehicles (EVs) to help address the shortfall. While these fees are better than general fund transfers and help bring…
A bipartisan quartet of senators introduced legislation that would task the Social Security Advisory Board with crafting a “base bill” to extend Social Security’s solvency. Under the bill, introduced by Senators Bill Cassidy, R-Louisiana; John Cornyn, R-Texas; Dick Durbin, D-Illinois; and Tim Kaine, D-Virginia, if the SSAB does not submit a proposal, the leaders of…
James Patten leaving U.S. District Court in Camden, NJ after his sentencing hearing on July 21st, 2026. Dan Mangan | CNBC James Patten, who played a key role in the brazen stock manipulation scheme that led to a publicly traded company that owned a small, money-losing New Jersey deli having a market capitalization of $100…
Being financially prepared for retirement involves more than just saving money. You need to plan for the unexpected and ensure you’re in a good financial position to support yourself for decades, during which time unexpected costs are inevitable. Unfortunately, even the most prepared savers often overlook some big potential expenses. Here are a few things…
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The president is expected to impose fresh import taxes this week, as levies from February are only able to remain in effect for 150 days.
Japan’s Government Pension Investment Fund has made its first direct investment in a Japan-focused private equity fund, committing JPY20bn ($123m) to a vehicle managed by Advantage Partners, according to a report by Bloomberg. The move comes as pressure grows for the country’s largest institutional investor to allocate more capital to domestic assets. The 10-year fund…