WARREN BUFFET

There are 87 fewer billionaires on this year's list than in 2021, and their total wealth dipped by $400 billion, the outlet reported.

Percentage-wise, a median net-worth American household who has given just $1,200 in their lifetime is more generous.

Though we may be coming out of the other side of the pandemic, it looks like we’ll see continued shortages of various consumer goods.

Warren Buffett's Berkshire Hathaway has lost more than $5 billion this year on its investment in Kraft Heinz as the packaged food company's stock has continued to tumble. Berkshire Hathaway owns more than 325 million shares of Kraft Heinz, representing 26.7% of the company. The value of the position has declined to about $8.7 billion from just over $14 billion since the start of the year, creating a roughly 37% loss for Berkshire Hathaway. Kraft Heinz was the sixth-largest holding in Berkshire's portfolio as of the end of 2018. Berkshire Hathaway and 3G Capital bought Heinz in 2013 for $23 billion and merged the company with Kraft two years later.

Warren Buffet may be interested in buying Yahoo; Amazon is the new Macy's; and Mark Zuckerberg is meeting with conservatives to talk about the Facebook trending debacle. CBS News MoneyWatch's Jill Wagner has the day's business headlines on CBSN.