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Warren Buffett is well-known for his investment acumen, and he often makes public statements in favor of capitalism. But his ...

Bank of America (NYSE: BAC) is Warren Buffett's favorite bank and has been for years, despite Berkshire Hathaway selling some ...

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...

Billionaire Warren Buffett is now stashing his firm's funds outside of the United States after massively unloading US ...

“When seeking directors, CEOs don't look for pit bulls,” Buffett wrote. “It's the cocker spaniel that gets taken home.” Warren Buffett called on corporate America to make their boards of ...

Since the second quarter, Warren Buffett and his team at Berkshire Hathaway have reduced their stake in Bank of America from around 1 billion to 680 million shares, or about a 34% reduction.