Warren Buffet’s Berkshire Hathaway Q4 profit surges 71% to $14.53 billion on insurance income amid high interest rates | Stock Market News
Source: Live Mint Berkshire Hathaway Inc.’s operating earnings surged 71% in the fourth quarter, as higher interest rates lifted the conglomerate’s investment income and its insurance business improved. Operating earnings were $14.5 billion in the three months through December, Warren Buffett’s Omaha, Nebraska-based conglomerate said Saturday in a statement. The increase was driven in part…