New Delhi, November 1, 2025: Warren Buffett’s Berkshire Hathaway Inc. has achieved a historic milestone, amassing a record cash reserve of $381.7 billion in the third quarter of 2025. The surge in liquidity highlights the company’s cautious investment strategy amid volatile global markets and declining short-term interest rates. Operating Profit…
Tag: #USEconomy
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Fed Cuts Rates Again, Powell Hints No December Easing
The US Federal Reserve has approved its second consecutive interest rate cut, lowering the benchmark federal funds rate to a range between 3.75% and 4%. However, Fed Chair Jerome Powell has signaled uncertainty over whether another reduction will follow in December, dampening market optimism. Rate Cut Aimed at Supporting Slowing…
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US Govt Shutdown 2025: Trump’s Budget Clash Halts Operations
Washington: The United States has entered its first government shutdown in more than six years after Democrats rejected a Republican-backed stopgap funding bill that excluded healthcare subsidies. The shutdown began at midnight, suspending non-essential operations across federal agencies and thrusting nearly 750,000 workers into unpaid furloughs. Essential vs. Non-Essential Services…
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Trump’s $100,000 H-1B Visa Fee Sparks Growth Fears
Donald Trump’s decision to impose a $100,000 application fee on H-1B visas has drawn sharp criticism from economists, businesses, and global governments. Analysts warn that the move could undermine US economic growth and disrupt industries that depend on skilled foreign workers, especially the technology sector. The new fee, signed into…