Warren Buffett’s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $ 4 billion to buy Dominion Energy’s natural gas transmission and storage assets. Including debt assumption, the deal totals nearly $ 10 billion. It is Berkshire’s first major purchase since the coronavirus pandemic and the subsequent market …
Read More »Annoyed by racial injustice? Where your bank can make a difference
An analysis found that over 40% of CDFI’s loans and investments are in majority and minority communities. LeoPatrizi Consumers can lobby for racial justice, and it’s as simple as opening an account at a community bank or credit union that supports communities that don’t receive services. Netflix recently announced that …
Read More »2 of Europe’s major central banks dropped hints that it may be time to start removing unprecedented coronavirus stimulus packages
Tolga Akmen / Getty The chief economists at the Bank of England and the European Central Bank are indicating that it may be time to back off from injecting massive amounts of economic stimulus into the economies. Trade indicators seem to suggest that the world economies and the UK have …
Read More »Supreme Court decision in Louisiana case delays enemies of abortion
Supreme Court decision 5-4 to repeal a restrictive Louisiana law is far from the final battle of abortion opponents in their fight to annul Roe v. Wade. Sponsored by an anti-abortion Democrat, Louisiana Law 620 was passed in 2014. State Senator Katrina Jackson argued that her requirement that abortion providers …
Read More »Global markets: COVID recovery vs. COVID reality
LONDON (Reuters) – Global stocks stagnated near a four-month high on Friday and the metallic copper industrialist dragged on its longest weekly winning streak in nearly three years as coronavirus nerves persisted in the recent recovery. FILE PHOTO: A street cleaning agent passes by the London Stock Exchange Group building …
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