Biden cancels $8B in student loans for 160,000 borrowers, total now $167B.

WASHINGTON (AP) — The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans. With the latest action, the administration said it has canceled $167 billion in student …

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Berkshire Hathaway Q4 operating earnings climb 28%, cash pile tops $167B… Warren Buffett admits Berkshire’s days of ‘eye-popping’ gains are over

Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) Q4 operating earnings rose 28% from a year ago, driven by improvements in insurance underwriting and investment income, which more than offset declines at its railroad, utilities and energy, and other businesses. The company doubled the amount of its common stock it repurchased to $2.2B during the quarter compared with $1.1B …

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