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Learn & Earn With Lessons From An IconAt the end of the year, the Oracle of Omaha plans to step down from the trillion-dollar conglomerate he created from a struggling textile manufacturer. Join us Wednesday, December 17th at 12pm ET as Forbes’ top editors examine his legacy, distill his most successful principles for investing and living well, and discuss the future of Berkshire Hathaway.We’ll Discuss:Buffett’s 60 years building Berkshire Hathaway and amassing a $150 billion fortuneHis investment approach and how its evolution vastly improved his successLessons from Buffett’s biggest successes and failuresWhat does Buffett’s retirement mean for the financial world…

An aerial view of a 33 megawatt data center with closed-loop cooling system on October 20, 2025 in Vernon, California. Mario Tama | Getty ImagesThe data centers that power the artificial intelligence revolution are driving up electricity prices for households — and price relief may not be coming anytime soon, according to energy experts.Residential retail electricity prices in September were up 7.4%, to about 18 cents per kilowatt hour, according to the most recent data from the Energy Information Administration. Electricity prices closely tracked inflation from 2013 to 2023, but will likely outpace inflation at least through 2026, according to…

Like other value investing dinosaurs, $35 billion Hotchkis & Wiley made its name filling its funds with cheap, unloved stocks. Here’s how manager David Green is keeping the old-school philosophy alive in a market dominated by a handful of AI giants.Ina market obsessed with artificial intelligence, longtime portfolio manager David Green is leaning the other way. His $767 million Hotchkis & Wiley Value Opportunities Fund (HWAIX) has become a kind of anti-AI trade, hunting for mispriced companies, big and small, that investors have abandoned in favor of the AI boom. That contrarian stance—rooted in Hotchkis & Wiley’s 45-year value discipline—is…

Ugur Karakoc | E+ | Getty ImagesAs tax season approaches, the IRS has released guidance for workers who can claim the federal deduction for tips and overtime pay enacted via President Donald Trump’s “big beautiful bill.”The guidance released last week covers how to report these deductions on tax returns. But workers could still face questions at tax time, experts say. The tip provision allows certain workers to deduct up to $25,000 in “qualified tips” from 2025 through 2028. The tax break phases out once modified adjusted gross income exceeds $150,000, or $300,000 for married couples filing jointly.      Meanwhile, Trump’s tax break for…

An impending “cliff” in federal health insurance subsidies may discourage some people from working, so that they can save thousands of dollars on annual insurance premiums, according to policy experts and financial planners. Enhanced subsidies for health plans bought on the Affordable Care Act marketplace are set to expire at the end of 2025, the policy issue at the heart of the recent government shutdown. The federal aid, also known as enhanced premium tax credits, reduces recipients’ out-of-pocket premiums, either upfront or in a lump sum at tax time. About 22 million Americans — roughly 92% of people who buy insurance on…

Momo Productions | Digitalvision | Getty ImagesOlder Americans really don’t like talking to their adult children about inheritances, a new study suggests.About two-thirds — 68% — of parents age 55 or older with at least $500,000 in investable assets haven’t told their grown children what they’ll inherit or if they’ll inherit anything at all, according to Fidelity Investments’ 2025 Family and Finance Study. Roughly a third, 35%, don’t want their children to know how much they’ll get.Reluctance to divulge estate plans is common, financial advisors say. Reasons can include concerns about demotivating their kids or starting conflict, or even just…

Investors are throwing money at quantum startups. Maybe they should be looking at a more venerable player that has a lot of practice building things.Half a century ago, a factory in Poughkeepsie, New York, cranked out computer hardware. The profits from mainframes financed pampered employees, scientific research and a dividend that made International Business Machines the most valuable company on the planet.Now, a diminished IBM gets most of its revenue from soft things: computer programs and business services. But it’s at work on a new kind of machine that could return Poughkeepsie to its glory days. This is where it…

Worrying about money for retirement.gettyA lot of Americans are approaching retirement age without the assets to fund retiring. And many are justifiably worried about the situation, a new study shows. The investment firm Schroders commissioned the survey asking retired Americans how they are navigating the shortfall. The answer was: not well. Inflation, for one thing, weighs on them, the Schroder study noted. Sure, the Consumer Price Index’s growth has slowed since the end of the pandemic, when a re-opening of the economy found too few goods available to meet hungry demand. As of September, the CPI had climbed 2.9% from…

People walk past an Aritzia store on Fifth Avenue on Black Friday, in New York City on November 29, 2024. Adam Gray | AFP | Getty ImagesBlack Friday is one of the biggest shopping days of the year. But amid concerns about the economy, persistent inflation and President Donald Trump’s latest wave of tariff hikes, shoppers may not be as eager to splurge this season.Consumers plan to spend an average of $622 between Nov. 27 and Dec. 1, down 4% from last year, according to a new Deloitte survey released Monday. The overall belt-tightening was largely due to a higher cost of…

Luis Alvarez | Digitalvision | Getty ImagesAs December approaches, some older Americans must soon take required withdrawals from retirement accounts — and mistakes can be costly, according to financial experts. Starting at age 73, most retirees must start required minimum distributions, or RMDs, from pretax accounts, based on your balances, age and an IRS “life expectancy factor.” Your first RMD is due by April 1 of the year after turning 73, and Dec. 31 is the deadline for future withdrawals. Waiting until April 1 after turning 73 means you would need two RMDs that year. Read more CNBC personal finance coverageMillions…