Buffett Likes Banks; Macy's Cuts Earnings Outlook


Manage episode 239836978 series 2472961
By The Wall Street Journal. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
P.M. Edition for August 14: Financial services companies make up a good chunk of Berkshire Hathaway's holdings - a sign of Warren Buffett's faith in the U.S. economy, according to the Wall Street Journal's Nicole Friedman. Plus, Macy's earnings disappoint and the company cuts its outlook. WSJ's Suzanne Kapner on the challenges facing Macy's.
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