Yahoo Finance Contributor Kevin Cirilli joins the Live show to discuss the latest political news from Washington, D.C., this week.
(Bloomberg) -- Ecuador’s congress postponed a vote on whether to impeach market-friendly President Guillermo Lasso until Tuesday after he announced fuel price cuts in a bid to appease protesters.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsHyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesA $2 Trillion Free-Fall Rattles Crypto to the CoreRussia Is Hours Away From Its First Foreign Default in a CenturyRep. Mary Miller Calls Roe Decision ‘Vi
Warren Buffett and his company Berkshire Hathaway own many bank stocks, which make up a large part of Berkshire's roughly $317 billion equities portfolio. Luckily for bank investors, the Federal Reserve recently released the results of its annual stress tests, which put the largest banks in the country through a set of hypothetical adverse economic scenarios to see how they would hold up. During this scenario, encompassing nine quarters, commercial real estate and stock prices would also fall 40% and 55%, respectively.