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“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.”

I was late to the A380 party.It took a move to Australia from the US, a passport itching for some stamps and a steady stream of family Christmases back home before I boarded one of Airbus’s double-decker behemoths a decade ago.Since its sensational commercial launch in 2007, the A380 has become a ubiquitous travel companion to many Australians, awed to see a twin set of stairs leading to a mysterious upper deck. Even for a nation that is used to long-haul flights, stepping onboard makes you feel a bit like Jonah, riding inside a flying whale at 35,000 feet.For those…

Check out what’s clicking on FoxBusiness.com. A White House teleprompter operator who used advance access to President Donald Trump’s speeches to bet on what the president would say has been ordered to pay nearly $173,000 and stop trading for three years, federal regulators announced Friday. The Commodity Futures Trading Commission (CFTC) said Gabriel Perez, Trump’s teleprompter operator since 2016, misappropriated material, nonpublic information obtained through his government job to trade event contracts on Kalshi, a prediction market platform, for his personal benefit.Perez, who was placed on paid administrative leave in July amid the investigation into his conduct, was ordered to…

OCC issues two revised policies and procedures manuals; proposes amendments to Violations of Laws and Regulations framework WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced additional actions to focus supervisory attention on the most significant risks and violations and to provide banks greater clarity, consistency and certainty in how Matters Requiring Attention (MRA) and enforcement actions are issued. In connection with the final rule regarding unsafe or unsound practices and MRAs issued jointly today with the Federal Deposit Insurance Corporation, the OCC has substantially revised its policies and procedures manuals (PPMs) regarding enforcement actions and MRAs. “Today,…

More than a decade after exiting a market where it once operated 18 locations, Dunkin’ is looking to reopen a chapter that ended following a contentious franchise dispute. The coffee and donut chain has been pursuing new growth opportunities as it expands its footprint in the U.S. and internationally, including recent moves into markets where it previously operated. Founded in 1950, Dunkin’ is the largest coffee and donuts brand in the U.S., with more than 14,200 restaurants in nearly 40 global markets. The chain became part of Inspire Brands in 2020, joining a portfolio that also includes Arby’s, Baskin-Robbins, Buffalo Wild Wings,…

Key PointsSocial Security’s cost-of-living adjustments, or COLAs, are extremely important to many retirees — especially those who rely on Social Security for most or all of their monthly income. Those COLAs are what allow benefits to keep up with inflation, avoiding a scenario where seniors automatically fall behind year after year.Back in January, Social Security benefits received a 2.8% COLA. And many retirees are no doubt hoping for a larger raise in 2027.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in…

“These shares are the only assets in her estate without designated beneficiaries.”

Key Points$10,000 in Berkshire Hathaway shares in August 2016 has grown to about $33,900.The same $10,000 in an S&P 500 index fund, with dividends reinvested, grew to about $41,300.Berkshire’s operating earnings rose from $17.6 billion in 2016 to $44.5 billion in 2025.10 stocks we like better than Berkshire Hathaway ›Ten years ago this week, on Aug. 25, 2016, Berkshire Hathaway’s (NYSE:BRKA)(NYSE:BRKB) B shares closed at $148.64. Ten years later, on Aug. 25 of this year, they closed at $504.32.Berkshire pays no dividend, so the price is the whole return. A $10,000 investment became about $33,900.Missed Nvidia in 2009? This Rare…

Abstract Inflation expectations are central to monetary policy but are often summarized by a single statistic such as the mean or median forecast. This article argues for a distributional view in which the full cross-sectional distribution of beliefs is the relevant object. We first organize the literature around the main distributional features of inflation expectations: the level of expected inflation, disagreement across agents, subjective uncertainty within agents, skewness, and tail behavior. The literature consistently documents large and time-varying disagreement, systematic demographic heterogeneity, non-Gaussian distributions with right skewness and fat tails, and a weak relationship between disagreement and individual uncertainty. We…

Federal Reserve Chairman Kevin Warsh speaks during a news conference at Federal Reserve headquarters in Washington, July 29, 2026.Win Mcnamee | Getty ImagesThe Federal Reserve’s cryptic chairman is set to deliver his much-awaited keynote address Friday in Jackson Hole, with markets trying to anticipate what, if anything, he will have to say on key matters affecting the economy and monetary policy.Kevin Warsh will speak during the Fed’s annual symposium in Wyoming, an event this year that is titled “Financial Innovation: Implications for Payments and Policy.”Prior Fed chairs have used the speech as an opportunity to discuss broad policy frameworks and…