Wealthy Swiss investors have a weird flex: a blue briefcase filled with 10 pounds of chocolate
3 min read
KPMG has a new CEO leading its 276,000 staff. Here are the key challenges he faces.
Gary Wingrove took over as KPMG's global chair and CEO on October 1. Industry analysts explained some of the challenges facing the Big Four boss.
6 min read
Real-estate investors who started with little savings share 4 creative ways they bought property
One investor used his paid-off truck to buy property. Three others found creative ways in.
5 min read
My son's Trump Account app is boring. Here's why I think other investing apps should take note.
I opened up a Trump Account for my son, and was struck by how boring it was. That's great news for encouraging responsible investing.
6 min read
'Bond King' Bill Gross shares his best investment ever — and the brutal bet that lost him 50% in a month
Pimco billionaire Bill Gross told BI why he's a big fan of pipeline stocks, and walked through a terrible wager he made in 1969.
3 min read
Ramp's Broadway musical was the worst show I've ever seen. I'm still glad it exists.
I went to Ramp's Broadway musical, "Bill Pay." It was confusing, sloppy, and overly self-loving. But I'm happy the actors got paid.
4 min read
Older Americans are afraid to spend their riches in retirement
Prudential Financial's Retirement Pulse survey shows retirees fear spending savings and prefer guaranteed income to avoid financial insecurity.
5 min read
The states where borrowers owe the most in federal student loans, ranked by average balance
The total federal student loan portfolio now exceeds $1.72 trillion, with 42.3 million borrowers. But borrowers in Maryland owe the most on average.
5 min read
The logic behind Trump sending out $500 checks to nearly 1 million Americans, according to policy experts
President Trump may be trying to pick up votes, "taking a dig" at the Biden administration, or making an ideological point, two policy gurus told BI.
3 min read
One of hedge funds’ longest-running legal battles is set to ramp up again with $165 million in pay on the line
The legal dispute began before President Barack Obama's first term began.
3 min read
Bankers, don't dodge train fares on your commute. It could get you barred from the industry.
Joseph Molloy, a former HSBC executive, used a method called "donutting" to avoid almost $8,000 of train fares.
2 min read
I worked a finance day job and a supermarket night job. I've saved up nearly $300K toward early retirement.
Ryan Lowe lives with his parents in Massachusetts and recently worked two jobs. The 27-year-old wants to retire in his 40s and spend time traveling.
4 min read
A full-time lawyer with 10 income streams shares her biggest flops, and the easiest way to earn side money in 2026
Lucy Zheng has been building side businesses since 2012. Not all of them worked, but each venture provided skills she used to inform the next.
4 min read
Exclusive
Diego Megia raised $1.5 billion this spring and bet interest rates would go down. It backfired.
A concentrated strategy launched in April is now down double-digits after a rough September.
2 min read
Exclusive
Get Access is building an exclusive club for startup investing
Backed by Sound Ventures, Get Access just raised $5 million at an $85 million valuation.
3 min read
Higher education is becoming the newest playground for billionaires
Ken Griffin's $3 billion Carnegie Mellon gift will fund a Miami campus, underscoring how billionaires are reshaping higher education and building talent pipelines.
2 min read
An investor turned a century-old house into a rental that cash flows $2,500 a month. He shares how he financed it with 5% down.
Real estate investor Peter Keane-Rivera talks about the deal that allowed him to buy a 100-year-old, 3,900-square-foot house in Kent, Washington.
5 min read
The SEC could let you invest in private equity if you pass a test. Here's what it could look like.
President Trump's push for retail access to private market sees a new expansion, including a FINRA test for anybody willing to study up.
4 min read
Michael Burry says it would be for the 'good of humanity' if a market crash stops OpenAI and Anthropic from going public
Michael Burry says it would benefit humanity if markets tanked and blocked OpenAI and Anthropic IPOs, warning they could destroy trillions in capital.
2 min read
Billionaire Ken Griffin’s latest Miami push: A $3 billion gift for a top-tier school's South Florida campus
The billionaire Citadel founder has changed the Magic City since relocating his firms there in 2022.
3 min read
My son was killed by a reckless driver. I left my job, used my savings, and faced the hidden costs of losing a child.
After Michael White's teenage son, Magnus, was killed, he left his $187,000 job and faced lost income, legal expenses, therapy bills, and other costs.
6 min read
'Big Short' investor Michael Burry says he's 'more confident than ever' of an AI reckoning in 2027
Michael Burry says he's placed a raft of short bets as he's "more confident than ever before" that an AI reckoning will "play out over the next year."
3 min read
Millennium employees' new productivity hack: an AI 'twin'
Millennium is offering every employee who wants one a personalized AI agent, the hedge fund announced in a blog post.
3 min read
The leadership habit Jamie Dimon uses to show confidence
JPMorgan's CEO Jamie Dimon said secure leaders don't shy away from criticism. They encourage open dialogue.
Jane Street is offering six figures for a swag manager
Jane Street, a secretive trading firm, is offering someone up to $200,000, before bonus, to up its merch game.
3 min read
Warren Buffett is no longer in charge, but Berkshire's latest purchase is right from his playbook
Warren Buffett's retirement as CEO and chairman hasn't distracted Berkshire Hathaway from ramping up its stake in homebuilder Lennar this quarter.
2 min read
Goldman’s interns really don’t want AI to touch one part of their lives
Goldman Sachs' 11th annual intern survey gives a glimpse into how future Wall Street leaders will, and won't, use AI.
3 min read
Exclusive
Three years after SVB's implosion brought down his hedge fund, Adam Levinson's Graticule is back to managing $3 billion
The Singapore-based macro investor once traded for Goldman Sachs and Fortress before starting his own macro fund.
2 min read
How financial advisors keep doomer clients from blowing up their portfolios
We're in a golden age for apocalyptic thinking, but that doesn't mean you should invest like we're near the end.
6 min read
My husband and I work full-time but had to borrow money to pay for my dad's cremation
Heather Waughtel and her husband both work full-time but have no savings. When she lost her dad, she had to borrow $3,700 from a family friend.
4 min read
I've helped hundreds of kids land Wall Street jobs. Here's how I train them.
Xavier Sztejnberg is finance professor and founder Wall Street for McCombs at UT Austin, which has helped hundreds of kids land internships.
4 min read
A JPMorgan veteran left to work in Detroit's government. Now he's back to help the bank's $1.5 trillion security effort.
Marcus von Kapff has boomeranged to JPMorgan and said his time in the public sector shapes his work on the bank's $1.5 trillion security initiative.
4 min read
Billionaire David Rubenstein told us why he paid $1.7 billion for a baseball team, and shared his 2 biggest investing mistakes
Billionaire investor David Rubenstein spoke to BI about buying the Baltimore Orioles, missing Amazon and Facebook, and the trajectory of AI stocks.
3 min read
KPMG is building a Silicon Valley-style incubator to help sidestep Big Four bureaucracy
The Big Four firm wants to build a "Silicon Valley incubator within the walls of KPMG," Todd Lohr, its AI chief, said.
6 min read
The head of one of the largest US endowments says OpenAI and Anthropic are in big trouble
The head of a major endowment says frontier labs won't be able to withstand competition from cheaper Chinese open-weight models.
4 min read
Oracle's 'force majeure' notice raises questions about the company's ability to deliver on AI data centers
Oracle shares were down about 4% on Thursday amid investor questions about its ability to deliver on its massive AI infrastructure expansion.
3 min read
A Nobel Prize-winning economist explained why he's backing California's billionaire tax
Daron Acemoglu argued that the proposed California billionaire levy would reverse the effects of tax avoidance and could spur more tax reform.
3 min read
This consulting firm is making bespoke AI apps to replace the PowerPoint pitch
Consulting firm West Monroe is swapping PowerPoints for AI apps, and speeding up its client discussions.
3 min read
Exclusive
Citadel's latest weapon in the hedge fund talent war is a big boomerang hire
The hedge fund talent war has increased the profiles of top recruiters.
2 min read
Exclusive
Citi is jumping into the ad business and entering a fast-growing and competitive market
The banking giant is letting brands target ads to its more than 70 million customers based on their spending habits.
4 min read
Exclusive
$2 billion tech-focused hedge fund SoMa Equity Partners is closing down
The firm was run by longtime tech investor Gil Simon, who said in a LinkedIn post Tuesday that it was "the end of an era."
2 min read
10 of the US' youngest billionaires in 2026 — and how they got their fortunes
The Forbes 2026 list of America's 400 richest billionaires includes just 10 people under 40. Many owe their fortunes to the booming AI industry.
6 min read
The leader of PwC's 2,200-person DC office says clients expect some consulting work twice as fast as a year ago
Consulting work that would have taken eight weeks is now expected in four because of AI, said Jeanelle Johnson, PwC's boss in the DC area.
3 min read
These 5 states are home to America's richest billionaires
Forbes released its annual list determining the 400 wealthiest people in the US. More than half of them live in these five states.
5 min read
Who is Howard Buffett? Meet Warren Buffett’s farmer-philanthropist son and Berkshire Hathaway’s new chairman
Warren Buffett's son Howard is Berkshire Hathaway's new chairman. Here's a look at his career in farming, business, and philanthropy.
3 min read
A look at the remarkable career of Warren Buffett, who bought his first stock at 11 and built a $1 trillion company
"Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted. Father Time always wins," Buffett wrote.
9 min read
Warren Buffett is stepping down as chairman of Berkshire Hathaway
Warren Buffett is stepping down as chairman of Berkshire Hathaway and becoming chairman emeritus, effective immediately.
4 min read
Morgan Stanley exec Lindsey Coleman thinks networking is too transactional. Here's her advice on building relationships.
Lindsey Coleman, an executive at Morgan Stanley, included building relationships before you need them among her top five pieces of advice.
5 min read
2 friends pooled $2,000 of their own savings and turned it into a $30 million company by focusing on 'green-light activities'
Before Britt Baker and Laurie-Anne King even launched their financial-education business, they had $40,000 in sales.
4 min read