Warren Buffett’s Favorite Stock Market Indicator Is Flashing Red — Dangerously Close To Reaching The Number He Says Is ‘Playing With Fire’

In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic … Read more

Trump’s $60 Bibles ‘a spit in the face of people that really believe’

The spectacle of Donald Trump selling $60 Bibles is “a spit in the face of people that really believe”, the Rev Al Sharpton said, amid widespread backlash over the presumptive Republican presidential nominee’s latest moneymaking scheme. Related: Seth Meyers on Trump selling Bibles: ‘His slimiest cash grab yet’ “Blasphemy certainly comes to mind,” Sharpton told … Read more

South Plainfield man sentenced to prison for embezzling millions from his employer

A Middlesex County man was sentenced to more than two years in prison for embezzling $2.37 million from his employer, U.S. Attorney Philip Sellinger announced. Gerard Beauzile, 63, of South Plainfield, previously pleaded guilty in federal court to one count of wire fraud and was sentenced Wednesday to 27 months in prison, Sellinger announced. From … Read more

Jacob Zuma barred from running in South Africa elections

Former President Jacob Zuma has been barred from running in South Africa’s general election in May. The country’s electoral commission, or IEC, has not given a reason. However, his 2021 conviction, and jailing, for contempt of court would appear to disqualify him. His backing of the new uMkhonto weSizwe (MK) party has been seen as … Read more