MarketsFeaturedFear & Greed IndexLatestBy and , CNN BusinessLink Copied!Ad Feedback — Warren Buffett has just joined the world’s most exclusive club of the mega rich.The legendary American investor was worth $100 billion on Thursday, according to the . That puts him in the company of just five other men above that threshold. And he’s now the sixth richest person in the world, ranking just behind FacebookCEO Mark .The 90-year-old has added nearly $13 billion to his net worth this year as shares in his industrial and insurance conglomerate have surged. Berkshire Hathawayis up...…MarketsFeaturedFear & Greed IndexLatestBy and , CNN BusinessLink Copied!Ad Feedback — Warren Buffett has just joined the world’s most exclusive club of the mega rich.The legendary American investor was worth $100 billion on Thursday, according to the . That puts him in the company of just five other men above that threshold. And he’s now the sixth richest person in the world, ranking just behind FacebookCEO Mark .The 90-year-old has added nearly $13 billion to his net worth this year as shares in his industrial and insurance conglomerate have surged. Berkshire Hathawayis up...WW…

New York (CNN Business)Tesla's CEO says he has relocated to the Lone Star State.Elon Musk The Wall Street Journal's CEO Council annual summit Tuesday.Musk told the paper's , that while "there's a lot of things that are really great about California," he believes the state is taking its success for granted.The CEO has been hinting at leaving California for a while. Back in May, Musk tweeted after local officials refused to let the company reopen its Fremont factory during the coronavirus pandemic.Tesla is still headquartered in California, as is SpaceX, his aerospace firm. But Musk has other...…New York (CNN Business)Tesla's CEO says he has relocated to the Lone Star State.Elon Musk The Wall Street Journal's CEO Council annual summit Tuesday.Musk told the paper's , that while "there's a lot of things that are really great about California," he believes the state is taking its success for granted.The CEO has been hinting at leaving California for a while. Back in May, Musk tweeted after local officials refused to let the company reopen its Fremont factory during the coronavirus pandemic.Tesla is still headquartered in California, as is SpaceX, his aerospace firm. But Musk has other...WW…

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — US Treasury Secretary Steven Mnuchin has pulled the plug on emergency lending programs, drawing a rare rebuke from the central bank, which said they are needed to as the coronavirus pandemic continues to rage.In a letter sent Thursday to Fed Chairman Jerome Powell, Mnuchin asked the central bank to return some $455 billion in unused funding for programs set to expire December 31. He added that Congress would then be able to use the money for other purposes.The decision would force several...…MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — US Treasury Secretary Steven Mnuchin has pulled the plug on emergency lending programs, drawing a rare rebuke from the central bank, which said they are needed to as the coronavirus pandemic continues to rage.In a letter sent Thursday to Fed Chairman Jerome Powell, Mnuchin asked the central bank to return some $455 billion in unused funding for programs set to expire December 31. He added that Congress would then be able to use the money for other purposes.The decision would force several...WW…

Hong Kong/London (CNN Business)Stock markets plunged around the world Monday after the number of coronavirus cases surged in Italy and South Korea, putting two more from a virus that has already in China.The closed 1,032 points, or 3.6%, lower, marking its worst day in two years, when it closed down more than 1,000 points twice within a week as . On February 5 and again on February 8, 2018, the Dow's percentage drop was more than 4% on both days. Since the index is higher now, on a percentage basis Monday's selloff isn't as dramatic as other drops in the Dow's history.Still, it was only the...…Hong Kong/London (CNN Business)Stock markets plunged around the world Monday after the number of coronavirus cases surged in Italy and South Korea, putting two more from a virus that has already in China.The closed 1,032 points, or 3.6%, lower, marking its worst day in two years, when it closed down more than 1,000 points twice within a week as . On February 5 and again on February 8, 2018, the Dow's percentage drop was more than 4% on both days. Since the index is higher now, on a percentage basis Monday's selloff isn't as dramatic as other drops in the Dow's history.Still, it was only the...WW…

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — Tyson Foodsis warning that “millions of pounds of meat” will disappear from the supply chain as the coronavirus pandemic , leading to product shortages in grocery stores across the country.“The food supply chain is breaking,” wrote board chairman John Tyson in a full-page advertisement published Sunday in The New York Times, Washington Post and Arkansas Democrat-Gazette.US farmers don’t have anywhere to sell their livestock, he said, adding that “millions of animals — chickens, pigs and cattle —...…MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — Tyson Foodsis warning that “millions of pounds of meat” will disappear from the supply chain as the coronavirus pandemic , leading to product shortages in grocery stores across the country.“The food supply chain is breaking,” wrote board chairman John Tyson in a full-page advertisement published Sunday in The New York Times, Washington Post and Arkansas Democrat-Gazette.US farmers don’t have anywhere to sell their livestock, he said, adding that “millions of animals — chickens, pigs and cattle —...WW…