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‘The goose lays more golden eggs every year’: Warren Buffett explains why capitalism isn’t working for young people today — and the simple way he’d solve it

Legendary investor Charlie Munger blasted gamblers, touted Heinz and Hermès, and revealed Warren Buffett's views in a rare interview this week. Here are his 22 best quotes. ‘The situation is dire’: Nearly two-thirds of potential homebuyers would welcome a recession if it meant lower mortgage rates — but here’s what they’re missingSHANGHAI -China recorded its first-ever quarterly deficit in foreign direct investment , according to balance of payments data, underscoring capital outflow pressure and Beijing's challenge in wooing overseas companies in the wake of a "de-risking" move by Western governments.

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Philippine Policy Rate Has Reached the Peak, Finance Chief SaysThe Philippine central bank’s key interest rate is likely to be kept at the current level at the next policy meeting this month amid slowing inflation, Finance Secretary Benjamin Diokno said.
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