OMAHA, Neb. — Billionaire Warren Buffett said Wednesday the economy has not yet had any bounce and will take some time to recover, but he complimented the government's efforts during the past year to solve the problems.
Berkshire Hathaway's chairman and chief executive conducted a couple of live television interviews Wednesday in New York. The interviews came before his lunch with a Chinese investment manager who bid $2.1 million in a charity auction to dine with the Oracle of Omaha.
Buffett said during an interview on CNBC that all the reports he sees from Berkshire's retail, manufacturing and utility businesses show the economy has remained fairly flat.
Stocks plummet
Traders fearful of a rupture in Europe's financial system retreated Wednesday from risky investments.
Health care costs
Health care spending increased at twice the rate of inflation as hospitals and other providers raised prices, according to a recent study by Health Care Cost Institute.
- Looking for a hotel? See the best and worst...
- Many insurance plans fall short of law
- KSL-TV welcomes 2 new anchors, new format
- Studies try to find why poorer people are...
- Selling adventure: How Backcountry.com's CEO...
- Couple can't retire because of $116,000 in...
- Field of solar energy dishes to sprout at...
- Valerie Phillips: Fond farewell to Morgan...
Subscribe
Mobile
RSS
- Studies try to find why poorer people...
28 - KSL-TV welcomes 2 new anchors, new format 19
- Couple can't retire because of $116,000... 19
- House GOP plans summer tax cut vote 7
- OIl prices drop; will gas follow? 5
- Self consumption is considered greedy,... 3
- Eagle Gate Tower renamed World Trade... 3
- Home prices dropped 2.6 percent in year... 2
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
— About comments