When Congress ordered the Department of Education to stop garnishing the wages of borrowers who defaulted on their student loans as part of the CARES Act, the coronavirus relief bill passed in March, it took months for thousands to feel the impact in their paychecks. Though the Department has refunded …
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“ ‘Think about what Apple is worth compared to John D. Rockefeller’s empire.’ ” That’s Berkshire Hathaway BRK.A, -0.56% Vice Chairman Charlie Munger talking this week about the “frenzy” in the stock market as exemplified by Apple AAPL, -1.59%, which he deems as “the most dramatic thing that’s almost ever …
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As the coronavirus crisis unfolds, many are asking: Where is Warren Buffett? They want to hear and see more from America’s most literary and famed investor, noted for both calm and prowess in times of distress. People know the current crisis is more acute than any in living memory, including …
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“ ‘It wasn’t October 1987, but it was an imitation… [and the financial crisis] was much more scary, by far, than anything that happened [on Monday].’ ” That’s Berkshire Hathaway BRK.A, +1.22% BRK.B, +1.48% boss Warren Buffett putting the market volatility — which he described as a “one-two punch” of …
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The stock market broke new ground last week in terms of the breakneck speed of its selloff, with the S&P 500 SPX, -2.34% dropping 10% from its record high in a mere six days, faster than any other time in history. Must be some hot bargains out there, with stocks …
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