News

‘I’m very cynical’: My stepmother, 85, makes bizarre requests for money from my father’s $10M trust. Should I be concerned?
My father left a life estate for my 85-year-old stepmother. The current market value is about $10 million. He used a crappy ...
My boyfriend owns a house and earns more than me, but I refuse to marry him without a prenup. Is that wise?
He has a new house with probably $650,000 on the mortgage. I cannot afford that alone, nor would I want to. I don’t want to ...
‘We are the most privileged’: My husband and I are tired of paying for our friends. How do we get them to pay their way?
When we vacation with friends and go out, my husband almost always ends up paying for everyone or picks up the entire bill. I ...
My ailing father’s house burned down in the California fires. Will our brother, who took care of them, lose his inheritance?
My parents set up a trust. Their house was supposed to go to one sibling, “Bob.” The cash in their checking account was to be ...
Wall Street’s outlook sours on second quarter, with bigger forecast cuts than normal
Nobody knows how the U.S.’ trade war and negotiations with other countries will shake out for the economy. But Wall Street is ...
It’s the last day of Walmart+ Week — and here are 15 great Walmart deals to consider
That said, Walmart+ is not for everyone. If you’re not a frequent Walmart shopper, you can probably skip the membership and ...
A real-estate giant wants sellers to list their homes privately. Will homeowners benefit?
Selling a home has been tough in a sluggish market, but now some real-estate agents want sellers to keep their for-sale ...
Investing legend Warren Buffett to step down as head of Berkshire Hathaway after 6 momentous decades
Warren Buffett shocked investors and a global audience Saturday, saying that he intends to step down as CEO of Berkshire ...
Berkshire Hathaway annual meeting: Warren Buffett stuns shareholders, announcing he'll step down as CEO
Tens of thousands of shareholders descend on Omaha for Berkshire Hathaway's annual meeting. Chairman and CEO Warren Buffett ...
Budget deficits may have put the U.S. on an 'unsustainable' path, Buffett says
Buffett got asked about the so-called Department of Government Efficiency, or DOGE, and its recent effort to cut federal funding and slash costs for the U.S. government. Buffett didn't directly answer ...
Abel highlights wind-power project but says energy mix can't risk a 'Spain-Portugal' situation
Greg Abel fields a question from a high-school student who highlights a report critical of coal-fired power plants that remain part of Berkshire's utility portfolio. Abel responds with an anecdote ...
Jain warns of regulation risks for private-equity firms moving into life insurance
Ajit Jain got asked about private equity firms --- such as Blackstone, Apollo and KKR --- expanding their business into insurance-linked assets, and whether their more aggressive investment strategies ...