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All Eyes on Chairman Jerome Powell and the Fed Meeting This Week
On May 3, 2025, CEO Warren Buffett of Berkshire Hathaway announced that he plans to step down at the end of this year and suggested that the board appoint Greg Abel as his successor.
The announcement was made at Berkshire's annual shareholder meeting. Here, the investment legend warned about Trump's tax increase plans and reassured investors amid recent market fluctuations. He stated he has no intention of selling Berkshire stock and will remain with the company if needed.
The announcement was made at Berkshire's annual shareholder meeting. Here, the investment legend warned about Trump's tax increase plans and reassured investors amid recent market fluctuations. He stated he has no intention of selling Berkshire stock and will remain with the company if needed.
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