Finance

Paramount's Larry and David Ellison might look to Middle East petrostates to help finance a deal for WBD. That's tricky.

Donald Trump welcomed Saudi Crown Prince Mohammed bin Salman of Saudi Arabia at the White House in November. Now bin Salman's country is reportedly backing Larry and David Ellisons' bid for Warner ...

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Citi dropped its 2025 managing director class — we have the full list of 276 new MDs

Jane FraserJohn Lamparski/Getty ImagesCiti named 276 new managing directors on Wednesday, the bank's highest rank below the C-suite.This year's class is about 20% smaller than 2024's 344 promotions...

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Retail-trading hero Eric Jackson says the crypto bear market is a 'moment of maximum opportunity'

illustration by Cheng Xin/Getty ImagesEric Jackson says he's never been more bullish on crypto than he is right now.The hedge fund manager thinks the bear market is a major buying opportunity. He g...

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Mom-and-pop landlords' bet on rising rents is coming back to bite them

Getty Images; Tyler Le/BIApplying for a home loan is a pain. You have to produce a heap of documents — bank statements, tax returns, employment records, tallies of investment accounts — to prove th...

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Bill Ackman, The White Lotus, and PE Guy: Wall Street's most memeable moments in 2025

LeoPatrizi/Getty ImagesMemes are a staple of Wall Street culture these days.With 2025 coming to a close, we thought we'd reflect on some of the most memeable moments of the year.You can sign up for...

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Retired couple’s net worth could go from $1.75 million to over $5 million in 30 years, expert says

Northern Ontario-based Lars,* 63, and Anna, 59, retired in 2021 and 2022, respectively. Since then, they have lived comfortably but want to ensure they are managing their investment portfoli...

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'Tis the season: How to make philanthropy part of your financial plan

By Diana Orlic Names such as Bill Gates or Warren Buffett often come to mind ...

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From JPMorgan-branded beer foam to gym views, TikToks are revealing details of the bank's 270 Park headquarters

JPMorgan has shared renderings of the interior.Foster+PartnersVideos of what appear to be the inside of JPMorgan's new headquarters are popping up on TikTok.They show a gym with floor-to-ceiling wi...

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Amazon is speeding up its delivery with a new ultrafast test that arrives in 30 minutes or less

Amazon recently added 4,000 "smaller" communities to its same-day fulfillment service as it speeds up delivery in the US.Michael Clubb/South Bend Tribune/USA TODAY Network / USA TODAY NETWORK via I...

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These drone startups are winning the war for government contracts

Soldiers use Xbox-style controllers to fly drones.Oleg Palchyk/Global Images Ukraine via Getty ImagesThe competition to supply the government has reached new heights among drone startups.Even comme...

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Liberals ignoring the 'economics of scarcity' could mean more taxes are coming

The details of the Government of Canada’s revenues and expenses for the fiscal year ending March 31, 2025, as per the 2025 Public Accounts of Canada ...

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Elon Musk says AI will make most skills obsolete — but his kids can still go to college if they want

Elon Musk says AI may render most job skills obsolete, yet he still supports college for his sons because it offers social growth and broad learning that they cannot obtain elsewhere.BRENDAN SMIALO...

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How Is Retirement Wealth Affected by Adverse Childhood Experiences?

The brief’s key findings are: Social Security helps insure workers against serious hazards that can undermine their lifelong financial health. Such hazards can start early, wi...

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Garry Marr: Robust markets and gainfully employed kids are ruining my RESP plans

I’m not looking for pity here, and I won’t get it, but I have too much money in my family’s registered education savings plan. If that sounds like the kind of problem most parents would love ...

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I left JPMorgan to work for MrBeast. I took a 50% pay cut and know it was the right decision for my career.

Bart Dziedzic says leaving investment banking for the creator economy helped him redefine success.Bart DziedzicBart Dziedzic left JPMorgan for MrBeast, trading pay and prestige for the entrepreneur...

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How elite business schools like Wharton are overhauling curriculum as AI reshapes Wall Street bankers' futures

Getty Images; Tyler Le/BIAs AI becomes table stakes on Wall Street, business schools are racing to keep pace.Elite programs nationwide are launching new courses at the nexus of AI and finance.Leade...

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He predicted an automation crisis years ago. Now, Andrew Yang says AI may wipe out 40 million jobs over the next decade.

Andrew Yang says the AI jobs crisis he warned about is now here — and tens of millions of workers are at risk.JP Yim/Getty Images for The Asian American FoundationAndrew Yang warned in 2018 that au...

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Hilton's CEO says problem-solving — not perfect service — keeps guests coming back

Christopher Nassetta said solving problems for guests is the key to customer loyalty.Denise Truscello/Getty Images for Resorts World Las VegasHilton's CEO, Christopher Nassetta, said he's not afrai...

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Why so many Americans over 80 are still working

D'yan Forest, 91, is the Oldest Working Female Comedian in the World, as documented by the "Guinness Book of World Records."Lanna Apisukh for BIWhen a woman in her 80s rang up my $2 bottle of water...

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I'm quitting my dream job at TikTok to travel the world. Here's why.

Courtesy of Victoria Dobbie; BIVictoria Dobbie plans to leave her dream job at TikTok so she can travel the world.Knowing she has decades of work ahead of her, Dobbie doesn't want to miss out on ad...

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Day traders say this is the hardest part of the side hustle that no one thinks about

Getty Images; Jenny Chang-Rodriguez/BIThe hardest part about day trading is the emotional battle, traders told BI about their professions.Those trying to turn a profit in markets said they often st...

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