Economy of the United States

Warren Buffett’s final charity lunch draws record $19M bid

An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City.

The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty. The winner can bring up to seven guests.

World Bank says war shocks to drag on Asian economies

Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in coming months, the World Bank says in a report released yesterday.

The report forecasts slower growth and rising poverty in the Asia-Pacific region this year as "multiple shocks" compound troubles for people and for businesses.

US returns artifacts worth $20 million to Greece

Dozens of looted antiquities seized from billionaire hedge fund founder Michael Steinhardt after a years long investigation have been returned to the people of Greece, prosecutors in New York announced on Feb. 23.

The artifacts included a sculpture of a young man from about 560 B.C., known as a kouros, that is worth $14 million, Manhattan District Attorney Alvin Bragg said.

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