Market - Wanjigihub

Warren Buffett says the stock market is increasingly ‘casino-like’—and young investors need to remember this ‘one fact'.

Berkshire Hathaway CEO Warren Buffett shared a moving tribute to his fallen friend and right-hand man Charlie Munger in his annual shareholder letter over the weekend. The Oracle of Omaha lauded Munger as the “architect” of Berkshire’s success, eulogizing the “abominable no-man” by discussing some of his favorite whipping posts—including his comparison of the modern stock market to a casino.

Oil rises to highest in 2023 on tight supply expectations

Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed worries about weaker economic growth and rising U.S. crude inventories.

Major Chinese banks cut deposit rates as efforts to prop the economy grow

Five of China's biggest banks on Friday cut interest rates on a range of deposits in a coordinated effort to ease pressure on their shrinking margins as lenders move to lower mortgage rates to prop up a struggling property sector and a faltering economy.

COIN price rises 5% as Coinbase executives contemplate victory against SEC on Friday