Author: Admin

Sen. Roger Marshall, R-Kan., argues Google is committing election interference by suppressing search results for the failed Trump assassination on ‘The Big Money Show.’ Thirty years ago, Congress passed Section 230 to help fragile internet start-ups survive litigation attempts on multiple fronts. In 1996, Americans logged on with dial-up modems and gathered on message boards. Lawmakers wanted to protect burgeoning companies from crushing defamation, copyright, and other lawsuits over something a random user posted. Congress aimed to nurture innovation, protect free speech, and let a competitive marketplace flourish. That may have made sense then. Today it does not.What Congress framed…

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Abel: Berkshire’s culture and values ‘remain unchanged and will continue into perpetuity’In his first letter to Berkshire Hathaway shareholders, new CEO Greg Abel didn’t try to emulate Warren Buffett’s folksy, conversational writing style.He did, however, emphasize he won’t be making major changes to the way the company has operated for decades under Buffett’s leadership.At the top of his letter, Abel called Buffett “arguably the greatest investor of all time,” and…

The Abu Dhabi Securities Exchange (ADX) Group and Al Ramz Capital have launched a new strategic collaboration aimed at boosting financial literacy across the United Arab Emirates.Dubbed the “Al Ramz Investment and Trading Competition,” the initiative is described as the region’s first hands-on, direct stock market competition designed to foster strategic financial planning and nurture a long-term savings and investment culture.The trading competition allows both new and experienced investors to showcase their market knowledge and skills, with a competitive monthly reward structure tied to their performance on the ADX.Trading for travel rewardsThe competition integrates a unique incentive model. The participant…

I don’t think anyone will be shedding a tear for the declines in private equity stocks but Blue Owl (which is notorious for software loans): -6%Jefferies -10.3%Apollo -8.4%KKR -7.3%Ares -7.1%Goldman Sachs -7%Morgan Stanley 6.6%The fundamental pitch of private equity is leveraged lending and buyouts. There were buyouts of software companies and clients of these firms are holding unlisted shares in these companies.What are those companies worth now? Many of them aren’t even making any money but had large multiples of revenues but suddenly those multiples are collapsing. Even if companies are good, they’re getting tossed out because software is toxic.Now…

Bedell Frazier Investment Counselling LLC bought a new position in shares of Block, Inc. (NYSE:XYZ – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 35,378 shares of the technology company’s stock, valued at approximately $2,557,000. A number of other hedge funds have also bought and sold shares of XYZ. AlphaQuest LLC acquired a new stake in shares of Block during the second quarter worth $207,000. Envestnet Asset Management Inc. purchased a new position in Block in the 2nd quarter worth $17,156,000. Flagship…

Even the most money-conscious parents who spend years teaching their children how to budget, save and avoid debt have to accept that grown kids will make their own decisions — and mistakes. That becomes especially complicated when those lessons involve love and money. Imagine Jane, a 58-year-old mother, watching her 27-year-old daughter, Krysta, unravel financially after a breakup. Jane had always considered Krysta responsible. She graduated from college, landed a stable job and always paid her bills on time. Then Krysta met Tyler. Jane thought he was a bit immature, but harmless. It wasn’t until later she learned Tyler was…

Key PointsThere are certain pitfalls to saving for retirement in a 401(k), like limited investment choices and, in some cases, costly administrative fees. But there’s also a major benefit to participating in a company 401(k) plan — the opportunity to snag a match.Many companies have 401(k) matching programs, and they’re basically free money. You contribute to your retirement plan, your employer adds some money on top, and voilà — your balance is able to grow more quickly.Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the…

China’s new home prices fall at fastest pace in over 3 years in February, survey shows

The wheat complex rallied across all three markets on Friday, to lead the grain complex. Chicago SRW futures posted 15 to 19 ½ cent gains on Friday, with May up 11 ¼ cents. KC HRW futures were 17 to 21 ¼ cents in the green, as May was still down 4 ¾ cents this week. MPLS spring wheat was 8 to 15 3/4 cents higher in most contracts, with May up 12 ¾ cents. Short covering was noted to close out February.Commitments of Traders data from Friday indicated managed money slashing 50,740 contracts from their net short position in CBT…

I recently lost a friend to suicide.  When I got the word, I was shocked. My friend was a charismatic executive who had led major organizations and inspired people wherever he worked. Only months before his death he spoke with enthusiasm about his family and new projects around the world. While long ago he’d confided that he’d struggled with lifelong anxiety, nothing in that conversation hinted at how heavy his internal world had become. Nothing outwardly suggested collapse. Yet behind achievement lived a private weight I will never fully understand. My friend is not the only top leader I know…