Economy

Berkshire Hathaway's CEO Warren Buffett (L) and his business partner Vice Chairman Charles Munger answer questions at a news conference last month in Omaha, Nebraska. At Berkshire Hathaway Annual Meeting in Omaha, Nebraska, the finance legends shared insights and advice with traders and investors. PHOTO BY ERIC FRANCIS/GETTY IMAGES

Here’s What Warren Buffett And Charlie Munger Have To Say About Building Wealth

At Berkshire Hathaway Annual Meeting in Omaha, Nebraska, the finance legends shared insights and advice with traders and investors

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Former Treasury Secretary and current Harvard Professor Larry Summers listens to remarks during a discussion on low-income developing countries at the annual IMF and World Bank Spring Meetings, April 13, 2016, in Washington, DC. / AFP / Mike Theiler (Photo credit should read MIKE THEILER/AFP via Getty Images)

Former Treasury Secretary Summers Criticizes IRS Provisions In Debt Ceiling Agreement

Summers opposes IRS funding cuts in debt ceiling deal, warns of future deficits and tax cheats' advantage.

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iThe Cupertino, California-based company has resistance above at $177.71 and $182.13 and support below at $174.33 and $171.03. Photo from Pixabay/i

Apple Stock Could Make A Run Back To The All-time High

The stock closed the May 26 trading session 1.41% higher, leading the SPDR S&P 500 to close up 1.3%.

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A sign for Morocco's national carrier Royal Air Maroc advertises on March 10, 2022 the price of a new destination flight as it prepares to start direct route between Casablanca and Tel Aviv on March 13. In a recent move, Israeli Transportation Minister Miri Regev and her Moroccan counterpart Mohamed Abdeljalil signed three agreements in Rabat on Monday. PHOTO BY ABDELMAJID RIZKOU/GETTY IMAGES

Israel Signs Transport Accords With Morocco

Israeli Transportation Minister Miri Regev and her Moroccan counterpart Mohamed Abdeljalil signed three agreements in Rabat

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Federal Reserve Board Chair Jerome Powell arrives to speak during a news conference at the Federal Reserve in Washington, DC, on May 3, 2023. - The Fed has been on an aggressive campaign of interest-rate hikes since March last year, rapidly raising rates to help target high inflation, which remains above its long-term target of two percent. SAUL LOEB/BENZINGA

Fed’s Favorite Inflation Gauge Exceeds Expectations, Fueling Fear Of New Rate Hikes

The U.S. PCE price index rose 4.4% and Core PCE price index rose 4.7% year-over-year in April

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A view of gas prices at a Mobile gas station, across the street from an ARCO station on Beach Blvd. in Huntington Beach Thursday, Feb. 16, 2023. Gas prices are on the brink of increasing as debt ceiling talks stall between Congress and the White House. ALLEN J. SCHABEN/BENZINGA

Oil Prices On The Brink Of Surging As Debt Default Looms

Debt ceiling talks between the White House and Congress as the stock market plunges and the oil prices increases.

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Former Treasury Secretary Larry Summers attends the official White House portrait unveiling ceremony for President Barack Obama and former First Lady Michelle Obama in the East Room of the White House on Wednesday, September 7, 2022. Summers warned about the use of the 14th Amendment for the government to pay its bills. TOM WILLIAMS/BENZINGA

Larry Summers Warns About The Use Of The 14th Amendment For Government To Pay Its Bills

Former Treasury Secretary Larry Summers warned the possibility of increase in inflation over the next several years.

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Edmund Phelps, winner of the 2006 Nobel Prize in Economics and Professor of Political Economy at Columbia University and US Economist, Peter Schiff (L) attend the annual Krynica Economic Forum -known as the 'Davos of the East'- on September 11, 2009. The 19th Krynica Economic Forum opened on September 9 in southern Poland, under the theme of European Solidarity 20 years after the revolution. BARTEK WRZESNIOWSK/BENZINGA

Peter Schiff Says Raising Debt Ceiling Won’t Preserve America’s Prosperity But This Will

As the government and Republic lawmakers work overtime to settle the debt ceiling issue amicably, noted economist and gold bull Peter Schiff said a resolution alone will not work wonders for the U

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Outside view of the Federal Reserve Bank of New York on September 16, 2013 in New York City. European stock markets rallied and the US dollar slid after former U.S. Treasury Secretary Larry Summers withdrew his candidacy for the Chairman of the Federal Reserve. CEM OZDEL/BENZINGA

Federal Reserve Bank Of New York Found New Distinctions In Cross-Border Payments In New Study

The New York Federal Reserve published results from a study on major railway digital payments going to other countries.

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