Famed billionaire investor Warren Buffett has been diagnosed with stage-1 prostate cancer, according to Bloomberg TV and other reports. Berkshire Hathaway, the firm where the 81-year-old Buffett is CEO, said the diagnosis "isn't remotely life threatening."
Buffett said in a letter to shareholders Tuesday that he received his diagnosis last Wednesday, according to the Wall Street Journal. He added that the scans that detected the prostate cancer "showed no incidence of cancer elsewhere in my body." He wrote that he plans to begin a two-month daily regimen of radiation treatment starting in mid-July. BLOG POSTS  | Leo Hindery, Jr.: Lessons of MF Global: Stop Starving the Regulators, Especially the CFTC
Anyone who thinks we've shut the barn door on misdeeds in the financial, commodities and futures markets apparently has never heard of the latest debacle, MF Global. The clarion call that arose out of the 2008 meltdown is still pealing. |  | Jared Bernstein: What's Fair? Five (or Six) Principles of Tax Fairness
The wealthy have been paying a larger share of federal income taxes not because their tax rates have gone up -- in fact, they've gone down. It's because they've been collecting the lion's share of the growth for decades. A key factor here has been the large decline in the rate of taxation on asset-based income, like capital gains, and the much increased concentration of that income among the wealthiest families. Those changes are related -- once you advantage a particular income type, you're going to see more of it. |  | Christopher Bergin: Why Congress Should Increase the IRS Budget
By slashing the IRS budget, Congress has achieved something truly noteworthy -- undermining its own ability to raise revenue and cut the federal deficit. Isn't that a bit like cutting off your nose to spite your face? |  | Ann O'Leary: Is It Over Already? The Debate About Women and Work Lasted Less Than a Week
It's time to stop talking about who cares more about mothers and start putting policies in place that value women's work, no matter where it's carried out. |  | Jonathan Tisch: How to Pay for Infrastructure
Across America, innovative public-private efforts are showing our nation's leaders not only how to upgrade aging infrastructure, but, more importantly, how to pay for it. | | MOST POPULAR ON HUFFINGTONPOST.COM |
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