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Berkshire Hathaway’s Cash Hoard Hits Record $381.7 Billion Even as Profit Climbs
1 November 2025 A screen displays Berkshire Hathaway Inc. on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024. REUTERS/Brendan McDermid In its latest quarterly update on November 1, 2025, conglomerate Berkshire Hathaway reported operating profits of $13.49 billion, a 34 percent increase from the prior year, and net income of $30.8 billion, up 17 percent, while simultaneously warning of caution in its outlook. Despite the strong profit
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Audi Cuts 2025 Profit Forecast Again Amid U.S. Tariff and EV Transition Pressures
31 October 2025 Audi, the premium-brand arm of Volkswagen Group, has once again revised down its full-year profitability outlook, underscoring the mounting headwinds facing legacy automakers amid rising trade barriers and the costly pivot to electric vehicles. In its latest update, Audi announced that it now anticipates an operating margin of 4–6% for the year, a marked drop from its previous guidance of 5-7%. The firm, however, maintained its revenue expectations. The scale
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Meta Platforms to Raise up to $30 Billion in Largest-Ever Bond Offering to Fuel AI Infrastructure
30 October 2025 Meta Platforms is preparing to generate up to $30 billion through a six-part bond sale as it rushes to fund its escalating investment in artificial intelligence infrastructure. The bonds will span maturities of five to forty years, with the principal for each tranche expected to range between $4 billion and $6.5 billion, according to people with knowledge of the matter. The move follows Meta’s decision to elevate its capital-expenditure outlook and signals the
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Ron DeSantis Announces High-School Chapters of Turning Point USA Across Florida Following Charlie Kirk’s Death
29 October 2025 A photo of Ron DeSantis and Charlie Kirk. Credit : Win McNamee/Getty; Chip Somodevilla/Getty Florida Governor Ron DeSantis has revealed a sweeping new partnership with conservative youth organisation Turning Point USA (TPUSA) that will see chapters established in high schools across the Sunshine State and an award renamed in memory of the group’s founder, Charlie Kirk, who was shot and killed in September 2025. Speaking at an event on October 27, DeSantis emph
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Amazon Announces Cuts of About 14,000 Corporate Jobs in Largest Restructuring Yet
28 October 2025 Technology and retail giant Amazon announced on 28 October 2025 that it plans to eliminate approximately 14,000 corporate roles globally, initiating what insiders suggest could expand into cuts of up to 30,000 jobs. The announcement is part of a sweeping redesign of Amazon’s corporate structure, driven by the need to reverse a hiring surge from the pandemic era and to align the workforce with a rapid shift toward artificial-intelligence (AI) acceleration. The
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Mike Pence’s handwritten notes reveal that Donald Trump called him a “wimp” during their final phone call
27 October 2025 Former Vice President Mike Pence’s own day-planner entries from the morning of January 6, 2021 reveal a heated exchange with then-President Donald Trump, during which Trump reportedly told Pence he would “go down as a wimp” if he refused to intervene in the election certification. The notes, now featured in journalist Jonathan Karl’s upcoming book Retribution: Donald Trump and the Campaign That Changed America, were initially obtained by Special Counsel Jack S
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Union Workers at Boeing Reject Latest Contract Offer After Nearly Three-Month Strike
26 October 2025 Workers hold signs during a walkout by members of the International Association of Machinists and Aerospace Workers (IAM) over contract negotiations, outside Boeing company's facility, in Berkeley, Missouri, U.S., August 4, 2025. REUTERS/Lawrence Bryant Workers at Boeing’s defence operations in the St. Louis area have dealt a fresh blow to the company’s contract negotiations after rejecting a new proposal offered by the aerospace giant. The vote by roughly 3,2
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U.S. citizenship test gets tougher under new rule triggering earlier test stops and more questions
25 October 2025 An American flag. Al Messerschmidt/Getty The path to U.S. citizenship has just become significantly more demanding for those applying as of October 20, 2025, following major changes introduced by Donald Trump’s administration through the U.S. Citizenship and Immigration Services (USCIS). Under the updated naturalisation civics test, applicants must now answer 20 questions instead of the previous 10, and must get at least 12 correct to pass, rather than the ea
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U.S. consumer prices rise less than expected in September, offering a boost to rate-cut hopes
24 October 2025 In September 2025 the U.S. Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose by 0.3 percent from the previous month and 3.0 percent over the past year both figures coming in slightly under economists’ expectations of 0.4 percent month-on-month and 3.1 percent year-on-year. While the headline reading shows inflation is still present, much of the pressure has eased. The monthly increase was driven principally by a 4.1 percent surge in
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Virginia’s governor springs into action with emergency declaration to protect food aid during federal shutdown
23 October 2025 Virginia Governor Glenn Youngkin (R-VA), speaks at the Faith and Freedom Coalition's Road to Majority's policy conference in Washington, U.S., June 22, 2024. REUTERS/Evelyn Hockstein In a striking move that underscores the severity of the current U.S. federal government shutdown, Glenn Youngkin, governor of Virginia, declared a state of emergency on October 23, 2025, in order to maintain continuity of food assistance to residents despite the gap in federal app
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President Donald Trump has submitted administrative claims seeking $230 million from his own government
22 October 2025 U.S. President Donald Trump speaks during an event to make announcements on fertility treatment coverage, in the Oval Office at the White House in Washington, D.C., U.S., October 16, 2025. REUTERS/Jonathan Ernst According to reporting by the New York Times, Trump filed one claim in late 2023 tied to the Federal Bureau of Investigation and special counsel’s probe into alleged Russian interference in the 2016 presidential campaign, and a second in 2024 related t
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Federal data blackout deepens as U.S. government shutdown halts economic reporting
21 October 2025 A view of the U.S. Capitol building a day before a partial government shutdown is scheduled to take place, on Capitol Hill in Washington, D.C., U.S., September 30, 2025. REUTERS/Annabelle Gordon On October 1, 2025 the United States federal government entered a shutdown after Congress failed to pass a funding bill before the fiscal year’s end. This lapse disrupted the operations of major statistical agencies including the Bureau of Labor Statistics (BLS), the B
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Federal officials approve nearly $200 million for two luxurious jets amid shutdown controversy
20 October 2025 US Homeland Security Secretary Kristi Noem in Washington, DC, on October 8, 2025. FRANCIS CHUNG/POOL/EPA/Shutterstock The Department of Homeland Security (DHS) has signed a contract worth approximately $172 million to acquire two Gulfstream G700 private-jets, each capable of carrying up to 13 passengers and boasting a 7,750-mile range, intended for use by Secretary Kristi Noem, senior DHS officials and the United States Coast Guard's long-range command-and-con
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Supreme Court showdown puts the future of U.S. voting protections on the line
18 October 2025 People gather outside the U.S. Supreme Court in Washington, U.S., June 29, 2024. REUTERS/Kevin Mohatt/File Photo The 1965 Voting Rights Act (VRA), long hailed as a pillar of civil rights protections in American democracy, now stands dangerously close to being hollowed out as the Supreme Court of the United States appears poised to severely curtail one of its most vital provisions, Section 2. Section 2 of the VRA has traditionally barred electoral practices tha
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Tariff threat too steep: Trump concedes 100 percent China duties won’t last
17 October 2025 A drone view shows a container ship at a port in Zhoushan, Zhejiang province, China October 10, 2025. cnsphoto via REUTERS In a rare pivot of tone in Washington’s escalating trade standoff with Beijing, President Donald Trump publicly admitted on October 17 that the idea of imposing 100 percent tariffs on Chinese goods would be “not sustainable,” even as he defended the principle behind the threat. The admission follows days of pressure and market jitters over
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Windows 11 gets smarter: Microsoft rolls out new AI upgrades to boost Copilot
16 October 2025 Microsoft has unveiled a sweeping set of AI enhancements for Windows 11, aiming to make its Copilot assistant more deeply integrated, more capable, and more intuitive for everyday users. Among the headline features is a new voice activation mode: users can now say “Hey, Copilot” to summon the assistant in an opt-in setup across compatible Windows 11 devices. The update also expands Copilot Vision to all markets where Copilot is offered, enabling it to analyze
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U.S. investment is surging with momentum that officials say is more than a spike, it’s the start of something larger
15 October 2025 U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., October 15, 2025. REUTERS/Ken Cedeno In remarks delivered at a CNBC event on the sidelines of the International Monetary Fund and World Bank annual meetings, U.S. Treasury Secretary Scott Bessent painted a confident portrait of America’s economy. He asserted tha
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Powell walks a tightrope as the U.S. economy strains beneath inflation and weak hiring
14 October 2025 U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., September 17, 2025. REUTERS/Elizabeth Frantz/File Photo On Tuesday in Philadelphia Federal Reserve Chair Jerome Powell delivered remarks that captured the tightrope on which U.S. monetary policy now balances. He spoke to an economy that has shown surprising strengt
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All 20 living Israeli hostages held in Gaza are now home after 738 days of captivity
13 October 2025 People in Tel Aviv watch a live broadcast of the Israeli hostages being released from Gaza at a plaza known as Hostages Square on Monday. (Oded Balilty/The Associated Press) In a dramatic turn of history, all 20 remaining living Israeli hostages held by Hamas in Gaza were released and reunited with their families on Monday, ending one of the longest hostage crises in the region’s recent memory. The returns were part of a ceasefire agreement between Israel and
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Trump questions his spiritual standing, saying he’s not sure he’s “heaven-bound”
12 October 2025 Donald Trump departs the White House on Sept. 30, 2025. Win McNamee/Getty During a press gaggle aboard Air Force One on October 12, President Donald Trump offered a candid and contemplative remark when asked about past comments suggesting he hoped his efforts in diplomacy might earn him a place in heaven. He confessed he doesn’t believe he’s “heaven-bound,” adding that while he may not make it, he hopes he’s already doing right by others. The moment revisits r
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