Today
Abel faces tough task running Berkshire after Buffett
The handpicked successor inherits a record cash pile – but will be scrutinised more than the “Oracle of Omaha”.
Yesterday
Warren Buffett’s best and worst investments over 60 years
Success made him a Wall Street icon. It also earned him the nickname “Oracle of Omaha”, a reference to the Nebraska city where he was born and chose to live and work.
Citi del Sol: How the party ended for Wall Street bank’s Malaga experiment
Former employees in Citi’s Spanish beachside office say the reality differed to the pitch, with many working long hours to earn coveted roles in London and Paris.
Warren Buffett caps a career built on humility
Operating in an era replete with purported Wall Street soothsayers, the 94-year-old Buffett always rejected the idea that anyone – even him – could predict the future.
This Month
Wall Street heads for second week of gains, buoyed by jobs data
The sharemarket erased its April slump and was on track for a second week of gains after good economic data and the prospect of an easing of tariffs.
Next PM’s to-do list | Woodside hits go | Minecraft powers Woolies turnaround
This week, what the election means for investors, a telling $27 billion investment, and the latest weapon in the supermarket wars: cheap cardboard toys.
How Wall Street got Donald Trump wrong
Titans of finance and business are beginning to realise they misread the president’s second-term priorities.
L1 proposes Platinum merger; Tesla seeks Musk successor; Bonkers rally
Read everything that’s happened in the news so far today.
How AI and Wall Street beat Trump at his own game
Even if Mickey Mouse were president, the US would still be on the way to 4 per cent growth because private-sector innovation promises to offset bad policies and erratic policymaking.
ASX rebound is more hedge fund trading than recovery, strategists warn
Pundits say the ASX 200 rally to a two-month high is probably just hedge funds covering their short positions rather than a rise based on fundamentals.
April
The numbers headache for Canberra and Washington
Jim Chalmers and US counterpart Scott Bessent have a few things in common – the threat of tariffs, the risk of recession and a budget that doesn’t add up.
He’s just taken over a $100b fund. Here’s his trade war plan
New Cbus chief investment officer Leigh Gavin says Donald Trump’s attack on 20 years of globalisation will make life harder for super members.
Big super is questioning its exposure to Wall Street
Regulatory filings show the country’s biggest retirement funds made billion dollar bets on American technology giants ahead of Donald Trump’s inauguration.
Trump is boosting left-wing victories. That’s bad news for Dutton
America’s president is harming, not helping, other conservative leaders. But what is the reaction within the US?
Global investors pile into ASX giants amid Wall Street exodus
Fund managers and strategists say the country’s largest listed companies are being seen as safe havens amid uncertainty about the outlook for US markets.
The 2 big problems with trade deals that investors are ignoring
The hopes that have driven the recent rally on markets seem to be evaporating. But shareholders are putting too much stock in these Band-Aid solutions, anyway.
Donald Trump can’t bully Adam Smith
The question now is whether the US president really has learnt his lesson and will respect the markets.
America is panicking about empty shelves. That’s bad news for markets
The pain of a trade war between the US and China has already started, but Wall Street is all-in on a deal arriving soon. Here’s why that’s optimistic.
ASX up near 1pc; Australia’s AAA rating at risk; America is panicking
Read everything that’s happened in the news so far today.
Gold fever | The CBA mystery | Trump insult shakes markets
This week, James and Jonathan Shapiro unpack gold’s surge, try to solve an ASX mystery, and assess the Treasurers debate.