ChrisG123/Wikimedia Commons Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Mark Spitznagel, chief investment officer of Universa Investments, told Business Insider in 2024 that he thinks the “worst market crash since 1929” is coming. Now, he claims that the recent market correction is just the beginning. “I…
Prostock-studio / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. According to the 2025 Northwestern Mutual Planning & Progress study, the average American now believes they need $1.26 million to retire. That’s $200,000 less than they said they needed last year, and nearly the same as…
OMAHA, Neb. (AP) — Warren Buffett’s company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer considers largely undoing the merger that Berkshire Hathaway helped bankroll. Berkshire said it earned $12.37 billion,…