‘Any reduction in federal Medicaid spending would leave states with tough choices’: Musk’s taking the chainsaw to federal budget has experts sounding the alarm

Musician Cat Stevens (Yusuf) once ruefully sang that the first cut is the deepest, which explains why many Americans are bracing themselves for the fallout of Elon Musk and the Department of Government Efficiency’s (DOGE) cutting of the federal budget. The world’s richest man wants to cut $1 trillion from the federal budget. In a […]

‘The solution isn’t to abandon markets’: BlackRock’s Larry Fink is betting on a new wave of investment as a cure for economic anxiety. What he’s selling and what it means for your portfolio

Just when people are more worried than ever about their investments, even to the point of cashing them out, BlackRock Inc. CEO Larry Fink says it’s time to go all in. But he has a specific investment in mind: private equity, also known as alternative investments. Don’t miss I’m 49 years old and have nothing […]

Trump says his new tariffs on imported vehicles are ‘vital to protect America’s automobile industry’ — but one lawmaker worries his approach has been akin to hacking with a ‘meat ax’

On March 26, 2025, President Donald Trump announced new tariffs on foreign autos. A fact sheet prepared by the White House said the tariffs would apply to imported passenger cars and light trucks, as well as many auto parts such as engines, transmissions, powertrain parts and electrical components. The tariffs won’t just apply to cars […]

Warren Buffett’s Berkshire Hathaway is lobbying to change wildfire laws to protect utility companies — here’s why you could end up footing the bill

In January, a wildfire tore through the Los Angeles’ Pacific Palisades neighborhood, burning 23,707 acres, destroying 6,837 structures and killing 12 people. Now, allegations have emerged that an electrical tower contributed to the severity of the wildfire — and some residents are looking for compensation. Don’t miss I’m 49 years old and have nothing saved […]

‘It’s not taxed at all’: Warren Buffett shares the ‘best investment’ you can make when battling inflation — and it doesn’t have to cost you a dime

Warren Buffett is rich. According to the latest Bloomberg Billionaires Index, Buffet’s net worth is an estimated US$133 billion making him the sixth richest person in the world. Buffett’s net worth ranks below the likes of Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, Steve Ballmer, Larry Ellison and Larry Page; however, it’s the way […]

Charles Barkley says Michael Jordan gave him 1 golden financial tip in his early NBA days that made him millions — here is the big money move and how you can use it to get rich, too

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Young athletes have been known to blow through their first big paycheck. Former NBA star Charles Barkley almost did, too — until Michael Jordan gave him one life-changing financial […]

Finance professor bought Nvidia at US$0.48/share — but sold early and missed a life-changing gain of more than 25,000%. Here’s how investors can avoid his mistake 2025

Long-term investing can test even the most disciplined investors. With markets swinging on everything from AI breakthroughs to political headwinds, the temptation to act emotionally — especially during big wins or downturns — is real. Amos Nadler, a behavioural finance expert and former professor at Western University’s Ivey Business School, knows this first-hand. Years ago, […]