Recession risks are rising and investors need to play defense, according to Bank of America. Here’s how they should set their portfolios.

The US economy shrank in the first quarter, adding new weight to worries about a possible recession. Savita Subramanian of Bank of America shares how investors can take a more defensive approach. She says growth is slowing and profit margin pressures are rising, but consumer spending is strong. Fears of a recession have been simmering… Continue reading Recession risks are rising and investors need to play defense, according to Bank of America. Here’s how they should set their portfolios.

Warren Buffett discussed Apple, Activision Blizzard, bitcoin, and inflation during Berkshire Hathaway’s annual meeting. We live-blogged the event.

Warren Buffett’s Berkshire Hathaway hosted its annual shareholder meeting on Saturday. Buffett discussed inflation and the pandemic, and revealed he boosted his Apple stake last quarter. Follow along for live updates from the meeting. Loading Something is loading. Warren Buffett’s Berkshire Hathaway hosted its annual shareholder meeting in person this weekend for the first time in… Continue reading Warren Buffett discussed Apple, Activision Blizzard, bitcoin, and inflation during Berkshire Hathaway’s annual meeting. We live-blogged the event.

A European ban on Russian crude risks Moscow using the natural gas ‘power tool’ in its arsenal, Vortexa said

The risk of Russia cutting off natural gas may mean Europe doesn’t ban Russian oil, Vortexa’s chief economist said. Oil is a major source of money for Russia, while natural gas is its political weapon, said David Wech. Europe relies heavily on Russian energy, especially gas, and has paid the country billions for it since… Continue reading A European ban on Russian crude risks Moscow using the natural gas ‘power tool’ in its arsenal, Vortexa said

Warren Buffett says he wouldn’t pay $25 for all the bitcoin in the world — and Charlie Munger blasts the crypto as ‘stupid’ and ‘evil’

Warren Buffett and Charlie Munger slammed bitcoin and other cryptocurrencies. Buffett said he wouldn’t pay $25 for the world’s entire supply of bitcoin Munger blasted bitcoin as “stupid,” “evil,” and something that makes its owners look bad. Loading Something is loading. Warren Buffett and Charlie Munger opened fire at bitcoin and the broader cryptocurrency industry… Continue reading Warren Buffett says he wouldn’t pay $25 for all the bitcoin in the world — and Charlie Munger blasts the crypto as ‘stupid’ and ‘evil’

Warren Buffett has boosted Berkshire Hathaway’s stake in Activision Blizzard to 9.5% — a position worth nearly $6 billion

Warren Buffett has boosted Berkshire Hathaway’s stake in Activision Blizzard. The investor revealed he’s grown the position from about 2% to 9.5%. Buffett is betting Microsoft’s deal to buy the business will be approved, boosting the stock price. Loading Something is loading. Warren Buffett’s Berkshire Hathaway has boosted its stake in Activision Blizzard from 2%… Continue reading Warren Buffett has boosted Berkshire Hathaway’s stake in Activision Blizzard to 9.5% — a position worth nearly $6 billion

Warren Buffett’s Berkshire Hathaway boosted its Apple stake in the first quarter

Warren Buffett’s Berkshire Hathaway boosted its Apple stake in the first quarter. Buffett confirmed the additional purchases during Berkshire’s annual shareholder meeting. Berkshire Apple stake was worth $159 billion as of March 30. Loading Something is loading. Warren Buffett’s Berkshire Hathaway boosted its Apple stake in the first quarter, the centibillionaire investor revealed during his… Continue reading Warren Buffett’s Berkshire Hathaway boosted its Apple stake in the first quarter

LIVE: Warren Buffett speaks at Berkshire Hathaway’s annual shareholder meeting

Warren Buffett’s Berkshire Hathaway hosted its annual shareholder meeting on Saturday. Buffett discussed inflation and the pandemic, and revealed he boosted his Apple stake last quarter. Follow along for live updates from the meeting. Loading Something is loading. Warren Buffett’s Berkshire Hathaway hosted its annual shareholder meeting in person this weekend for the first time in… Continue reading LIVE: Warren Buffett speaks at Berkshire Hathaway’s annual shareholder meeting

Best Ways To Prepare and File Taxes

Key Takeaways • Preparing taxes by hand requires knowledge of tax forms, and it also leaves you prone to making mistakes. • Using tax software eliminates arithmetic errors, and allows you to import necessary tax forms all for a reasonable cost. • Hiring a tax professional provides a hands-off approach to preparing your taxes. •… Continue reading Best Ways To Prepare and File Taxes