Why Trump — and investors — will probably be disappointed by the Fed this week

The Federal Open Market Committee is scheduled to meet on May 6 and 7, and while the Fed isn’t expected to cut interest rates, the meeting will likely be closely watched by both investors and President Donald Trump.
‘I’m very cynical’: My stepmother, 85, makes bizarre requests for money from my father’s $10M trust. Should I be concerned?

“He used a crappy lawyer to set up a very boilerplate trust agreement.”
Retailers urge shoppers to buy before Trump tariffs raise prices

Retailers bracing for consumer spending to drop are using President Donald Trump’s trade war as a marketing strategy, urging consumers to buy now before tariffs lead to price increases or potential shortages. A host of private and direct-to-consumer brands such as Beis, Bare Necessities, Fashion Nova and Knix have mentioned tariffs in marketing campaigns in […]
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 listings private.
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 Hathaway Inc. at year-end and will ask the board to formally hand the reins to Greg Abel.
Pfizer (PFE) earnings Q1 2025

The Pfizer logo is seen outside the pharmaceutical company’s manufacturing plant, in Newbridge, Ireland February 10, 2025. Clodagh Kilcoyne | Reuters Pfizer on Tuesday expanded its cost-cutting efforts and reported first-quarter profit that topped estimates, even as the company’s sales fell, largely due to dwindling revenue for its antiviral Covid pill Paxlovid. The company previously […]
Buffett passes the torch — here’s what Berkshire loyalists should know, from a longtime insider

Buffett’s CEO successor Greg Abel may bring a change in style, greater collaboration.
How horse owners invest and potentially earn millions

Mystik Dan #3, ridden by jockey Brian J. Hernandez Jr. (R), crosses the finish line ahead of Sierra Leone #2, ridden by jockey Tyler Gaffalione and Forever Young, ridden by jockey Ryusei Sakai to win the 150th running of the Kentucky Derby at Churchill Downs on May 04, 2024 in Louisville, Kentucky. Michael Reaves | […]
If you read April’s jobs report, you won’t be surprised by the No. 1 ‘best job’ in America

There was strong jobs growth in one industry in April, but that does not necessarily add up to a healthy U.S. labor market and economy.
Eli Lilly CEO David Ricks discusses Trump pharmaceutical tariffs

CEO of Eli Lilly and Company David Ricks speaks at the Economic Club of New York on March 12, 2024 in New York City. Spencer Platt | Getty Images Eli Lilly CEO Dave Ricks on Thursday said the drugmaker can help “respond” to national security concerns around cheaper essential medicines as pharmaceutical-specific tariffs loom. The […]



