Maverick Production

Did you know ? Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway , the sprawling conglomerate worth $1 trillion that he has led since 1965. The 96-year-old legendary investor announced the move in a letter to shareholders Friday. Buffett will become chairman emeritus, effective immediately, while remaining a director on the board, the company said in a separate announcement. His son, Howard Buffett, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said.

Bank of Japan raises rates to 31 year high to 1.25% as yen slides to lowest levels not seen in decades.

Source : BOJ or Bank of Japan

UK Bank rate maintained at 3.75%
September 2026 Monetary Policy

At its meeting ending on 16 September 2026, the Monetary Policy Committee (MPC) voted by a majority of 6–3 to maintain Bank Rate at 3.75%. Three members voted to increase Bank Rate by 0.25 percentage points, to 4%. Protracted conflict in the Middle East has contributed to further increases in crude and refined energy prices since the previous meeting, which remain more volatile and higher than pre-conflict. UK CPI inflation increased to 3.1% in August and is likely to rise further over coming quarters. Monetary policy is being set to ensure inflation comes down to 2%.

Source : bankofengland.co.uk

Federal reserve raises the interest rate for the first time since 2023 ,keeping the fed funds rate at 3.75 to 4 % by a 12-0 vote.

Source : federalreserve.gov

Iran and The UAE back joint statement urging maximum restraint in US-Iran war , in Brics Summit,2026 held in New Delhi, India.

Source : Brics Summit Joint Declaration

Us Inflation stays at 3.4 % yoy .

Source : BEA

Happy International Labor Day❤️

US non farm payrolls increased by 162,000 in August and the unemployment rate was 4.1% , the U.S. Bureau of Labor Statistics reported today.

Source: bls.gov

Did you know? Apple's new CEO John Ternus has $58m annual salary package as he officially replaced Legendary Ceo Tim Cook.

Range Rover has introduced new electric vehicles with the starting price of 200,000$ with premium and luxury feature embedded in the vehicle.

Source : Bloomberg