Warren Buffett, chairman and chief executive of Berkshire Hathaway, speaking at Georgetown University in Washington DC last Thursday. Photograph: Andrew Harrer/Bloomberg

When you’re trapped in a city with House Republican gargoyles who don’t understand maths or history, much less reality, sometimes you crave a dose of (...)

A man walks next to a Bank of America branch in New York. Photograph: Reuters/Eduardo Munoz

Bank of America suffered a setback on its road to recovery as revenue in key divisions declined and earnings missed expectations, sparking a se(...)