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Buffett’s Berkshire drops bold $55M bet on struggling retail icon

Most investors have been running away from Macy’s in 2026. But Greg Abel just ran toward it with $55 million of Berkshire Hathaway’s money. The new Berkshire CEO made headlines Friday when the conglomerate’s Q1 2026 13F filing revealed a brand new 3.04 million-share stake in Macy’s (M) valued at approximately $55 million. The stock

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Cannabis company abruptly closes all stores amid lawsuits 

Strong demand for a product doesn’t guarantee business success, especially in the unique cannabis industry. While general retail struggles with economic headwinds, rising labor and rent costs, and shifting consumer behavior, the marijuana landscape faces additional, distinct challenges. The demand is there. The First Citizens February 2026 State of the Cannabis Industry report notes that

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Americans face major opportunity with this overlooked mortgage type

When you think about different types of mortgage loans you could apply for, what comes to mind? Probably conventional mortgages. Depending on your situation, maybe FHA or VA loans. I’ve been reporting on mortgages for a decade, and I believe one type of mortgage loans doesn’t get enough attention. It’s called a non-qualifying mortgage, commonly

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Award-winning music star unveils first-ever Zara collection

Purchasing clothing has become more expensive, with apparel prices rising 4.2% year over year in April 2026, outpacing overall inflation, according to data from the U.S. Bureau of Labor Statistics. As consumer spending habits shift, brand recognition alone is no longer enough to maintain loyalty. Shoppers are becoming more selective about where they spend, forcing apparel companies

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Cathie Wood unveils bold new prediction about Elon Musk’s SpaceX

Most “biggest IPO ever” stories come and go without changing how regular investors actually think about their money. The ticker pops, a few hedge funds rearrange their books, and the headline fades by Monday morning. Once in a while, one comes along that forces you to redo your retirement spreadsheet. SpaceX has been the white

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