Ukrainian volunteers weave camouflage nets while helping to set up a defense position for Ukrainian soldiers in Lviv on Feb. 26.Sopa Images | Lightrocket | Getty ImagesStubborn Ukrainian resistance and logistic difficulties are hampering Russian attacks more than Moscow planners expected, and there’s no indication the invading forces have managed to take any big Ukrainian…Continue Reading

WASHINGTON — The U.S., European allies and Canada agreed Saturday to remove key Russian banks from the interbank messaging system, SWIFT, an extraordinary step that will sever the country from much of the global financial system.”This will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally,”…Continue Reading

Warren Buffett, chairman and CEO of Berkshire Hathaway IncThe India Today Group | Getty ImagesWarren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.In his annual letter to shareholders released on Saturday, the 91-year-old…Continue Reading

Berkshire Hathaway Chairman and CEO Warren Buffett.Andrew Harnik | APBerkshire Hathaway’s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back a record amount of Berkshire shares…Continue Reading

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.Brendan McDermid | ReutersFederal Reserve Chair Jerome Powell testifies before Congress in the week ahead, and markets will hang on what he says regarding how the Russia-Ukraine conflict could affect Fed policy.Powell will deliver his testimony…Continue Reading