Buffett succession, US trade deals, Fed meeting: 3 Things
At Berkshire Hathaway's (BRK-B, BRK-A) annual shareholders meeting over the weekend, chairman and CEO Warren Buffett announced he will be stepping down at the end of the year, to be succeeded by Berkshire Hathaway Energy Chair Greg Abel President Trump has signaled that trade deals over tariffs with other countries could come as early as this week. Federal Reserve officials will be convening in Washington, D.C. this week for their May FOMC meeting, starting this Tuesday and concluding on Wednesday, May 7, with the central bank's latest decision on interest rates and a press conference with Chair Jerome Powell. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.