Buffett Steps Down, Abel to Take Over at Berkshire Hathaway
Warren Buffett to step down as Berkshire Hathaway's head. Greg Abel, currently energy company CEO, is recommended as his successor. Abel emphasizes reinvesting and collaboration.
Student Loan Collections Resume: Impact & Reactions
Student loan collections restart after a pandemic pause, impacting millions. Borrowers face wage garnishment and reduced benefits amid economic uncertainty. Collection fees add to the burden.
US Tariff Exemption Expires: Higher Costs for Consumers
The US tariff exemption on imports under $800 expired, leading to higher costs on Shein, Temu, and Amazon. Trump ended the 'rip-off' de minimis exemption, impacting low-income consumers.
Car Tariffs: Impact on Prices & Supply Chain
Car tariffs are impacting prices and supply chains, leading to increased costs and potential long-term market disruption. Consumers face higher prices for new and used vehicles. Rethinking sourcing strategies is crucial.
DEI Programs: States Push Back on Education Department Funding Threat
States are challenging the Education Department's threat to cut funding over DEI programs. Attorneys general argue the department's actions misinterpret Title VI and violate constitutional principles.
Trump’s Tariffs: Risks & Economic Impact
Torsten Slok warns of a 'volunteer profession reset economic crisis' due to Trump's tariffs. Lower confidence, rising production costs, and decreased container ship traffic signal economic downturn.
Trump’s Tariffs & Economic Concerns: Impact & Public Opinion
Trump's tariffs on China are causing market volatility and economic uncertainty. Public concern about recession and rising prices is growing, fueled by Trump's trade policies. Surveys reflect increasing opposition to tariffs.
Musk Steps Back from DOGE: A Turning Point for Tesla?
Dan Ives sees Musk's move away from DOGE as a turning point for Tesla after a challenging quarter. Brand damage control is needed, but focus shifts to autonomous driving and robotics now.
COPPA Rule Updates: Protecting Children’s Online Privacy
COPPA updates require parental consent for targeted ads and data sharing. Schools can consent for educational use only. Data retention limits are imposed. FTC expanded definition of personal info. Compliance deadline: April 22, 2026.
Microsoft 365 Copilot Wave 2: AI Assistants for Work
Microsoft's 365 Copilot Wave 2 introduces AI assistants, powered by OpenAI, designed to handle complex tasks and enhance productivity in the workplace, marking a new era of AI-driven work environments.
Tesla Q1 2025: Cheap EV, Robotaxi, and Political Headwinds
Tesla's Q1 2025 report is crucial amid delayed cheap EV and robotaxi projects, political concerns surrounding Elon Musk, dropping shipments, and growing competition. Short sellers are profiting from TSLA's 40% YTD plunge.
Philadelphia Summer Programs: Boosting Student Success
Philadelphia invests in summer programs, like CTE camps, to boost student achievement, mental health, and graduation rates. Focus on credit recovery, skill development, and community engagement.