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CNBC Daily Open: Moving past sticky core inflation

Stubborn core inflation means the Fed's unlikely to slash rates by 50 basis points. Markets will cope. Source link

Since mid-July, Berkshire Hathaway has sold more than 174.7 million shares of the Charlotte, North Carolina-based bank for $7.2 billion.

Warren Buffett has added around $6 billion to Berkshire Hathaway's sizable cash pile this summer with a string of Bank of

"It's been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight,"

Comparable sales for the second quarter fell 1.2%, compared to an 8% increase a year earlier. Source link

The milestone came two days before Buffett's 94th birthday. Source link

Shares of insurers are outperforming as companies get a better handle on the auto market and push premiums higher. Source

These are the stocks posting the largest moves in midday trading. Source link

Many view Berkshire's Ulta buy as a classic value bet after the stock suffered a big sell-off this year amid