US payrolls revisions jolt markets, making Fed look behind the curve

Berkshire Hathaway's quarterly earnings took a hit due to weaker performance in its insurance business and unfavorable currency fluctuations. Despite the stock market reaching record highs, Warren Buffett's company held back on share buybacks and instead increased its cash reserves while being a net seller of stocks.

Editor’s Note: Berkshire's earnings dip signals potential challenges in its insurance operations and the impact of global currency shifts. The fact that Buffett's firm is hoarding cash instead of investing aggressively—even during a market boom—suggests caution, which could hint at broader economic uncertainty or a lack of attractive investment opportunities. For investors, this might raise questions about future growth prospects.

Warren Buffett's Berkshire Hathaway took a $3.8 billion hit on its investment in Kraft Heinz, reflecting ongoing struggles with the 2015 merger. The company is now considering breaking up the underperforming consumer goods giant.

Editor’s Note: This isn't just about one bad quarter—it's a sign that even Buffett's big bets can go sour. Kraft Heinz has been struggling for years with weak sales and high debt, and now Berkshire's earnings are feeling the pain. If a breakup happens, it could shake up the packaged food industry and force other investors to rethink their strategies.

Warren Buffett's Berkshire Hathaway continued its trend of selling more stocks than it bought, offloading $6.92 billion worth of shares while only purchasing $3.9 billion in Q2—even as market downturns presented potential bargains. This marks the 11th straight quarter of net selling.

Editor’s Note: Buffett's cautious approach signals skepticism about market opportunities despite recent volatility. For investors, it’s a reminder that even legendary buyers like Berkshire aren’t rushing in—suggesting there may be more uncertainty ahead.

Amazon is offering a great deal on workout shirts, originally priced at $30, now available for just $13. Customers are raving about the shirts, describing them as flattering, wrinkle-resistant, and a perfect fit—even when ordering their usual size. One satisfied buyer even said they’d purchase them again.

Editor’s Note: For anyone looking to refresh their workout wardrobe without breaking the bank, this deal is worth checking out. Positive reviews add credibility, suggesting these shirts deliver on both quality and comfort—a rare win in budget-friendly activewear.

Columbia Sportswear is taking legal action against Columbia University, accusing the school of violating a 2023 agreement by selling merchandise that looks too much like the apparel company’s products. The lawsuit claims this could confuse customers and amounts to trademark infringement.

Editor’s Note: This isn’t just a corporate squabble—it highlights how branding disputes can escalate even between seemingly unrelated entities (a university and an outdoor gear company). If the court sides with Columbia Sportswear, it could force the university to rebrand its merch, costing time and money. Plus, it’s a reminder of how fiercely companies guard their trademarks.