Category: Investing

Warren Buffett Sells Airline Stocks Amid Coronavirus: ‘I Made A Mistake’

Buffett confirmed that he sold all of his airline stocks during the first quarter.

The U.S. Economy Will Beat Coronavirus, Buffett Says: ‘Never Bet Against America’

“Nothing can basically stop America,” the Oracle of Omaha said

New York Coronavirus Hospitalizations Hit Lowest Level In Over A Month

Cuomo wants to see the rate of new infections fall even further.

Berkshire Hathaway Lost $50 Billion Last Quarter As Warren Buffett’s Investments Took A Hit From Coronavirus

Operating profits rose, even as the company posted a record loss last quarter.

Stocks Had Their Best Month In 33 Years, But Here’s Why Experts Are Skeptical

There are reasons to doubt the stock market’s latest rally, experts say.

Sorry President Trump, But A Few Masks and A Commission Won’t Help Senior Living Facilities And Their Residents

President Trump has promised masks for nursing homes and a commission to study quality and safety in the wake of covid-19. Neither will be very helpfu.

Reopening States Before June Would Save Millions Of Jobs But Result In Hundreds Of Thousands More Coronavirus Deaths: Report

New findings from Penn Wharton show that reopening states in June would save jobs but put countless more lives at risk.

Cuomo Says New York Schools Will Remain Closed: ‘We’re Going To Err On The Side Of Caution’

A decision on summer school programs will be made by the end of May.

New Test Shows That IHME COVID-19 Death Projections Display Optimism Bias

The White House relies on unrealistically optimistic projections of number of U.S. deaths from COVID-19. In this post, I discuss evidence from a new test that supports this assertion.

Stocks Fall, Dow Loses 400 Points After Trump Threatens New Tariffs On China

The market is down over 2% after wrapping up its best month in decades.