Myles Udland Head of News Myles is Yahoo Finance's Head of News. Most Recent The Fed will 'wait and see' if something bad happens in US economy Federal Reserve Chair Jerome Powell offered investors a consistent message on Wednesday: patience. Warren Buffett is stepping aside at Berkshire Hathaway. Here's what he thinks happens next. Warren Buffett outlined years ago what it would take to be the next CEO at Berkshire Hathaway. Warren Buffett to step down as Berkshire Hathaway CEO at year-end, Greg Abel to take over Warren Buffett said Saturday that he will recommend his time as CEO of Berkshire Hathaway come to an end this year. Buffett: This year's stock market turmoil 'is really nothing' The S&P 500 is down about 3% this year. At its lows, the index was down over 19% from its record high. For Warren Buffett, this year's volatility has been nothing to write home about. Warren Buffett: 'Trade should not be a weapon' The first question for Warren Buffett at the Berkshire Hathaway annual shareholder meeting involved world trade as President Trump's tariff policy disrupts the status quo. Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over The annual Berkshire Hathaway (BRK-A, BRK-B) shareholder meeting, hosted by CEO Warren Buffett, is here. April jobs report shows US labor market remained resilient in wake of 'Liberation Day' tariff announcement The April jobs report comes as investors search for clues surrounding how President Trump's tariff policies could be impacting economic activity. Trump says Jeff Bezos 'solved the problem' after White House attacks Amazon on tariff price labeling plan The White House is hitting back at Amazon over reports that it will show the impact of tariffs on prices of products it sells through its e-commerce store. Tesla stock surges 9.8%, clinches 18% weekly gain after DoT unveils new self-driving car rules Tesla stock jumped on Friday to cap off a positive week for the company. The summer of 'revenge travel' will feel like a distant memory this year: Morning Brief Tariff uncertainty is weighing on the outlook for summer travel. And that's not the only area of the economy feeling the pinch. Trump pushing markets around isn't only about Trump: Morning Brief Stocks have been hanging on every tariff headline for signs of a change in Trump's strategy. That's mostly a sign of how downbeat everyone has become on the stock market. US economic output hits 16-month low in April, expectations crater Economic activity sank in April, according to S&P Global's latest survey data, as respondents digested President Trump's latest tariff announcements. Americans are expecting a tariff-fueled price surge. Corporate America says they're right: Morning Brief Big US companies are beginning to outline plans for dealing with higher tariffs. Stock market volatility offers 2 important lessons for investors: Morning Brief The stock market's dramatic highs and lows are a call to action for professionals. And a reason for everyone else to sit tight. Trump calls tariffs 'a very beautiful thing' as markets continue collapse after 'Liberation Day' shock As markets continued to crater on Sunday, President Trump was content to continue hammering the benefits of his tariff policy rather than suggest reciprocal rates are the beginning of negotiations. Warren Buffett defended his massive $300 billion cash pile in February. Now he doesn't have to. Berkshire Hathaway's Warren Buffett sold stocks and loaded up on cash last year. Then, the market tanked. Wall Street's biggest tech bull warns of $3,500 iPhones as 'economic Armageddon' looms from Trump tariffs Trump's tariff announcement continues to shake markets and is leading to shocking estimates from some analysts on how the price of goods might change for US consumers. Labor market pessimism hits highest since 2009 as Americans sour on economic outlook American consumers continue to downgrade their expectations for the US economy as worries about the labor market and inflation are both on the rise. Nvidia, AMD, Meta lead tech stock rally as tariff news, AI breakthroughs boost sector Tech stocks led the market rally Monday as positive news on tariffs continued to support a rebound after the S&P 500 entered correction earlier this month. Nvidia, Tesla slammed as 'Magnificent 7' names lead market lower in Monday washout The "Magnificent Seven" stocks were at the center of a sell-off in markets on Monday as investors continue to take risk off the table.