Author: Editor

Warren Buffett’s retirement hasn’t distracted Berkshire Hathaway from doing what he did best — snapping up beaten-down stocks.The legendary investor’s conglomerate has nearly doubled its stake in homebuilder Lennar since the end of June, regulatory filings show.Buffett, 96, departed as CEO at the turn of this year and stepped down as chairman on September 18.Three days later, Berkshire revealed it owned more than 10% of Lennar, after boosting its total amount of Class A and Class B shares from about 13.4 million at the end of June to 21.5 million on September 17.Berkshire disclosed in subsequent filings that as of…

If you’ve ever read or seen “The Great Gatsby,” you know 1920s New York was home to extravagant mansions with owners who hosted lavish parties — and if you’ve watched “The Gilded Age,” you know those parties began decades earlier in the 1870s.And if you’re a really dedicated fan, you can own a piece of F. Scott Fitzgerald history yourself. Oheka Castle, a sprawling, century-old estate said to have inspired the parties in “The Great Gatsby,” is set to go up for auction on October 27, via Concierge and Adam Modlin of The Modlin Group.Its original homeowner was financier Otto…

Those wondering how AI will transform Wall Street might want to take a look at Goldman’s latest intern survey.AI experimentation may be the norm, but the more than 2,100 interns Goldman surveyed are increasingly resistant to the technology in certain corners of their lives.”One of the clearest takeaways from this year’s survey is that being digital natives doesn’t mean being digital-only,” Jacqueline Arthur, Goldman’s global head of human capital management, said in a statement, adding that interns see technology as a tool rather than a substitute. “That’s an encouraging signal for the future workforce and future leaders.”More than half of…

Over a year ago, my husband and I sat down in the living room of the house we once thought would be our “next 30 years” home. We talked about the future and set a goal: Before our son starts kindergarten, we’ll move to the Netherlands.Everyone told us parenthood would change our priorities, but living the process firsthand was still a shock. In late 2024, after the birth of our first kid, my husband and I both had the creeping feeling that the United States wouldn’t be our forever home.By the time he first vocalized the thought, we had one…

In the five years Madhur Mehta has spent in the US, he’s earned a master’s degree, landed a program manager job at Amazon, and been selected for an H-1B visa.But at 35, Mehta still doesn’t feel able to plan his life very far ahead. He and his fiancée explored buying a house last year, but couldn’t bring themselves to commit. They’re both from India, and she has one remaining attempt at the H-1B lottery cycle before her work authorization expires.”It’s hard, you know, obviously you can’t plan,” Mehta told Business Insider, adding, “unless we are both very clear on what…

On average, the public’s awareness of markets begins and ends with stocks. Something really notable has to happen for bonds to enter the conversation.We appear to have finally reached that point. The fact that soaring bond yields have hit the market mainstream shows just how critical the situation is.Investors and market-watchers know the drill at this point. Higher oil prices have revived inflation fears, pushing yields higher. But traders are also grappling with breakneck AI spending — and the growing pile of debt needed to finance it — along with the US government’s yawning budget deficits. And that pressure could…

Captain Kerry Titheradge has something few leaders ever get: game film of his own management style.As a cast member of the longtime Bravo show “Below Deck,” cameras follow Titheradge and his mostly Gen Z crew through every mistake, conflict, and high-pressure moment aboard luxury yacht charters. Watching those interactions back, he told Business Insider, has made him a better leader, particularly when it comes to managing younger workers.When the show is being filmed, “I don’t know what’s going on, other than my intuition and just being observant,” said Titheradge, a native of Australia who now lives in Florida. “If you’re…

As CEO of language-learning startup Preply, Kirill Bigai said he’s spending much of his time these days building out his team.”This quarter, I’m spending 50% to 60% of my time on hiring,” Bigai told Business Insider.Bigai, who cofounded the company in 2012, said Preply is scaling quickly and bringing on new leaders. The startup, which has more than 800 employees and was valued at $1.2 billion in January, lists 118 open roles on its website. That includes senior engineering positions focused on building architectures and agents, as well as AI research jobs.The CEO said that, for him, hiring is a…

This as-told-to essay is based on a conversation with Sneh Hira, who joined Block’s Afterpay business in 2022 and was laid off in February. She’s in her early 40s and lives in Chicago. The following has been edited for length and clarity.I joined Block’s Afterpay business in 2022 as an operations manager. When I went on maternity leave in May 2023, I was the only operations manager on my team.Over the course of the next several years, I noticed we were hiring more operations managers than the workload seemed to warrant. All the work that I’d been doing as one…

LeBron James, 41, said he finds himself thinking about retirement at unexpected times.On Friday’s episode of the “Mind the Game” podcast, the NBA star talked about leaving the Los Angeles Lakers for the Philadelphia 76ers and how he weighs his future in the sport.The thought that he may be nearing his final game can come to him “at random moments” and “random times of the day,” James told podcast host Steve Nash.He said it can happen on game days, during bus rides to the arena, or while he’s reading or listening to music on a flight.Ultimately, the decision to retire…