Earlier this week, the European Commission issued a statement declaring what it called a “safety price ceiling” for gas prices set at 275 euros, or $283 dollars, per megawatt-hour. Hailed as the long-awaited gas price cap that EU members have been discussing for weeks now, the ceiling’s aim, according to the Commission, will be used … Read more
This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one industry — stands out. In its 13F filing with the the Securities and Exchange Commission on Nov. 14, Berkshire … Read more
The economy is a major issue heading into the midterm elections, with one NYTimes/Siena poll showing 44% of voters stating inflation and the economy is the most important problem facing the country. This means it will play a role in the voting booth, but how much so remains to be seen. WHAT IS INFLATION? In … Read more