Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

OMAHA, Neb. — As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $ 11.6 billion deal to buy insurer … Read more

Where to start if you want your kids to grow up financially savvy

If you want to raise financially savvy kids, consider leaving the lectures behind and starting with an allowance instead. One of the most important things you can teach your child is the importance of saving, says Rose Palazzo, former head of financial planning at Morgan Stanley and now head of MoneyGuide at advisory platform Envestnet. … Read more