Thank god for Warren Buffett, he really is the saviour. His latest venture into the markets - buying $5bn of stock in Bank of America - reminds us of another time when he did his bit for America and capitalism.
Shares in Bank of America closed almost 10% higher overnight after Warren Buffett pledged to take a $5bn stake in the firm, which may have already netted him a $1.3bn profit.
Billionaire investor Warren Buffett has agreed a deal which will see his firm Berkshire Hathaway invest $5bn in Bank of America.
Warren Buffett has revealed he has exploited recent sell-offs to buy up cheap stocks.
Berkshire Hathaway's Warren Buffett has said the US government should immediately raise taxes on high earners to aid the economic recovery.
Bill Gross, Bill Miller and Warren Buffett have clashed over Standard & Poor's downgrade of the US' credit rating.
Warren Buffett's Berkshire Hathaway made a profit of $806m on lending Goldman Sachs $5bn to help the bank through the last financial crisis.
It is August, and another football season will soon be upon us. Spare a moment, however, for those football managers who will not make it to the end of the season.
Warren Buffett's annual charity lunch auction raised a record $2.63m as it on Friday closed following a week of bidding after the winner offered extra cash to break the record.
It is more important than ever for funds to evolve according to the natural order of markets. The age of investment Darwinism has begun, writes Joe Roseman.