Warren Buffett is on a purchasing spree

Mr Buffett has a kitty of around $40 billion. What will the Oracle of Omaha pick up next?

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Facebook valuation seen at $65 billion now

Subject to approval, investment firm General Atlantic is picking up a block of approximately 2.5 million Facebook shares for a 0.1% stake-valuing the social networking giant at $65 billion, according to this report.

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Are Americans getting ready to dump the dollar?

Utah is voting on whether to recognize gold and silver coins, issued by the US federal government, as legal currency. According to Fox News, if the move is passed, it would "let Utahans pay their taxes with gold; and (the proposal) also calls for a committee to study alternative currencies for the state."

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