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Alek Carter
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JUST IN: 🇨🇳🇺🇸 China says it is willing to work with the United States to maintain a stable global supply chain.
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JUST IN: 🇺🇸 US lost an average of 11,250 private-sector jobs over the past four weeks ending October 25.
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JUST IN: 🇺🇸 Treasury Secretary Bessent says he had to sell his stocks upon taking office.
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BREAKING: 🇺🇸 US Senate officially passes bill to reopen the government.
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Buffett has issued his last annual shareholder letter. He confirmed that in 2026 he will step aside and Greg Abel will take over as CEO of Berkshire Hathaway. His annual letters, written since 1965, became an iconic part of his management style. He has already initiated his asset distribution: converting 1,800 Class A shares into 2.7 million Class B shares and allocating over $1.1 billion to four family foundations. He is also accelerating the transfer of $149 billion to his children’s charitable funds. Berkshire continues to show strength operating profit climbed 34%, and cash reserves hit a record $381.7 billion.
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