Warren Buffett, 96, stepped down as Berkshire Hathaway's chairman after 56 years, becoming chairman emeritus. His son Howard Buffett takes over as chairman, with Greg Abel continuing as CEO.
Category: Business & Finance
Fed Raises Interest Rates for the First Time Since 2023Fed Raises Interest Rates for the First Time Since 2023
The Fed raised its benchmark interest rate a quarter point to 3.75%-4% on September 16, 2026 — its first hike since 2023. Here's why, and what it means for mortgages,