Warren Buffett believes investors should avoid using borrowed money to outperform. The Oracle of Omaha explained the perils of using debt and leverage in his 2017 annual letter to Berkshire Hathaway shareholders released on Saturday. “Berkshire, itself, provides some vivid examples of how price randomness in the short term can …

Heinz-Peter Bader | Reuters Saudi Arabia’s Oil Minister Khalid al-Falih listens during a news conference after an OPEC meeting in Vienna, Austria, November 30, 2017. Saudi Arabia hopes OPEC and its allies will be able to relax production curbs next year and create a permanent framework to stabilize oil markets …

Money Sharma | AFP | Getty Images Hugo Barr, VP of VR at Facebook Facebook showed a violent virtual reality game demonstration in its kiosk at a conservative political conference near Washington, then removed the demo out of respect for recent school shooting victims in Florida after at least one …

You snooze, you lose? On Friday, the Dow surged into the market close and reversed a unique pattern evident over the course of the last four trading sessions. According to an analysis by Piper Jaffray, the Dow had been experiencing what felt like an “afternoon snooze button” of sorts; the …

Andrew Harrer | Bloomberg | Getty Images Paul Manafort, former campaign manager for Donald Trump, arrives to the U.S. Courthouse for a bond hearing in Washington, D.C., on Monday, Nov. 6, 2017. Special counsel Robert Mueller is accusing President Donald Trump’s former campaign chairman of secretly paying former European politicians …

Wall Street is prone to making errors over-extrapolating growth trends. Analysts made this mistake on their Walmart online sales predictions this week. The retailer’s shareholders fell victim to elevated expectations as the company’s e-commerce sales growth, previously boosted by its Jet.com acquisition, waned. Walmart’s shares plunged 13 percent in the …

President Donald Trump’s listening session at the White House and nationwide student protests have helped keep the topic in the public eye. On Thursday, a number of companies cut ties with the National Rifle Association amid pressure from customers. And shares of gun makers Sturm Ruger and American Outdoor Brands …

Getty Images Arian Rodriguez covers himself with a tarp as residents wait in the rain to register with FEMA more than two weeks after Hurricane Maria hit the island, on October 9, 2017 in Jayuya, Puerto Rico. U.S. President Donald Trump on Friday extended federal funding for Puerto Rico to …

“Black Panther” has proven its staying power after breaking records during its North American debut last weekend. The film’s $40.2 million haul on Monday was the biggest Monday at the U.S. box office ever. Since then, “Black Panther” has posted the best Tuesday, Wednesday and Thursday performance for any movie …

Getty Images Students participate in a protest against gun violence February 21, 2018 on Capitol Hill in Washington, DC. The list of companies terminating their partnerships with the National Rifle Association is growing as public outcry against the gun group escalates following the deadliest mass shooting at a public high …