Big tobacco, big oil and Warren Buffett join the Fed's portfolio

Jun 29, 2020 - CNBC
The U.S. Federal Reserve bought $428 million in bonds of individual companies through mid-June, making investments in household names like Walmart and AT&T as well as in major oil firms, tobacco giant Philip Morris, and a utility subsidiary of billionaire Warren Buffett's Berkshire Hathaway holding company. Read More