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Business

“Warren Buffett is trying to tell us something about the economy with Berkshire Hathaway’s earnings and the $147 billion of cash on hand”

“Warren Buffett can’t find bargains the way he used to. On Saturday, his Berkshire Hathaway reported its cash pile reached $147 billion while operating profits jumped 7% year-on-year to $10 billion in the second quarter. That’s a solid performance, but the growing hoard… Continue Reading…

Precious Metals

“How To Tell If Silver Is Real: 3 Quick Tests For Silver”

“Silver is probably the precious metal you are most likely to see while out in the world. It’s an incredibly popular material that has been used for generations to make jewelry, silverware, decorative artwork, and functional items. Jewelry is commonly… Continue Reading…

Energy

“Putin tells Europe: Pay in roubles or we’ll cut off your gas”

“Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in roubles from Friday or else have their supplies cut, a move European capitals rejected and which Germany said amounted to “blackmail”. Putin’s decree on Thursday leaves Europe… Continue Reading…

Business, Economy

“AT&T plans to cut thousands of jobs, close stores, company tells union”

“AT&T Inc plans to cut more than 3,400 technician and clerical jobs across the country over the next few weeks, the wireless carrier told its main labor union, the Communications Workers of America, on Tuesday. The U.S. telecom and media… Continue Reading…