Warren Buffett criticized President Trump's tariff plans during a CBS interview, calling them 'an act of war' due to their inflationary impact and potential to increase consumer prices.

Warren Buffett criticized President Trump's tariffs as a tax on goods and warned of potential inflation and consumer impact during a CBS News interview. This marks Buffett's first public remarks on Trump's trade policies.

The Consumer Financial Protection Bureau, under new leadership, has dismissed multiple lawsuits against Capital One, Berkshire Hathaway's unit, and Rocket Companies, signaling a significant shift in the agency's focus and operations.

Berkshire Hathaway's shares rose following a significant increase in operating earnings, but concerns remain regarding its large cash reserves and investment strategy.

Berkshire Hathaway, led by Warren E. Buffett, reported a significant increase in profits, largely attributed to its substantial holdings in U.S. Treasury bills and the sale of part of its stake in Apple.