Business and Finance

Berkshire Hathaway shares dip as Warren Buffett exits and Greg Abel era begins

Warren Buffett and Greg Abel at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway shares slipped Friday as investors digested the formal end of Warren Buffett’s six-decade tenure as chief executive and the start of a new era under successor Greg Abel. Class A

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Venezuela attack unlikely to shake oil markets in near term

President Donald Trump’s overthrow of President Nicolas Maduro in oil-rich Venezuela is unlikely to shock energy markets in the near term, analysts told CNBC on Saturday. While the scale of the U.S. attack was unexpected, markets had already priced in a conflict with Venezuela that would disrupt oil exports, said Arne Lohmann Rasmussen, chief analyst

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xAI faces backlash after Grok generates sexualized images of minors

Elon Musk watches as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | AFP | Getty Images Elon Musk’s xAI saw user backlash after its artificial intelligence chatbot Grok generated sexualized pictures of children in response to

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Military-backed party in Myanmar takes lead in first phase of polls

People walk past campaign posters for the second round of the general election in downtown on December 29, 2025 in Yangon, Myanmar. Lauren Decicca | Getty Images News | Getty Images Myanmar’s military-backed Union Solidarity and Development Party is leading after the first phase of a contentious general election, early results cited by state media showed,

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Top 10 ETFs of 2025 have ‘very little, if any’ role in your portfolio, says expert

If your portfolio is invested in exchange-traded funds, you may have had a very good 2025. The S&P 500 — the index tracked by the three largest ETFs on the market, per ETF Database – returned about 16% in 2025. But in theory, depending on which funds you held, you could have done quite a

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We are going to run Venezuela until we can do a safe, proper and judicious transition

Smoke rises from Port of La Guaira after explosions and low-flying aircraft were heard on January 03, 2026 in Caracas, Venezuela. Jesus Vargas | Getty Images President Donald Trump said the U.S. is going to temporarily take over governing Venezuela after launching a large-scale surprise attack on the country overnight. “We are going to run the country

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Trump addresses the nation following U.S. strike against Venezuela

[The stream is slated to start at 11 a.m. ET on Saturday. Please refresh the page if you do not see a player above at that time.] President Donald Trump is scheduled to speak Saturday morning following a stunning, large-scale attack on Venezuela overnight. Venezuelan President Nicolas Maduro and his wife, Celia Flores, were captured

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These are the most overbought and oversold stocks in the S&P 500 as 2026 begins

The year just began, but there may be opportunities for investors to catch potential bounces on some stocks — or avoid pullbacks near-term. The major averages were listless on Friday, the first trading day of 2026, as they alternated between gains and losses. For the week, they finished down more than 1% across the board.

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Yemen’s southern separatists call for path to independence amid fighting over key region

Yemenis members of the Sabahiha tribes of Lahj, who live along the strip between the south and north of the country and who support the UAE-backed Southern Transitional Council (STC), hold an image of the STC leader Aidaros Alzubidi as they wave the old South Yemen flag, during a rally in Khormaksar Square, in the

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