Wealth Management News & Insights
7 Numbers Shaping Retirement in 2026, The $358 Billion Question for the New CEO of Berkshire Hathaway, JPMorgan Chase Reaches Deal to Take Over Apple Credit Card
Primary Sources
- The Milano Cortina 2026 Olympic Winter Games Will Be a Showcase of Athletic Excellence in a Region With a Long-Standing Love of Winter Sports: Spanning 22,000 km² of northern Italy, Milano Cortina 2026 will become the most widespread Games in Olympic history. It will extend from the bustling streets of Milan to the silent peaks of Livigno at the Swiss border, from the glamorous resort of Cortina d’Ampezzo to a Roman amphitheatre in Verona. [IOC]
- Minutes of the Federal Open Market Committee: A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, December 9, 2025, at 9:00 a.m. and continued on Wednesday, December 10, 2025, at 9:00 a.m. [FRB]
Financial Markets
- Job Gains Cooled in December, Capping Year of Weak Hiring: Payrolls rose by 50,000 while unemployment rate fell to 4.4% last month. [WSJ]
- Saks Closes In on Bankruptcy Financing Package: Bondholder group offers $1.25 billion of bankruptcy financing with aim to take control. [WSJ]
- Chicago-Area Home Sales Flatlined in 2025 – These Places Saw Double-Digit Growth: Home sales in Wilmette grew by more than 20% in 2025 from the year before, according to preliminary sales records at year-end. It’s one of nine places in the city and suburbs where Crain’s found sizable increases in sales. [Crain’s Chicago]
- U.S. Venture-Capital Fundraising Falls 35% as Firms Stay Private Longer: Money is flowing to the most trusted investment firms as startups stay private longer. [WSJ]
- This Stock Is Ready to Put Its Post-Covid Malaise Behind It: With tariff rules finalized and inventories depleted, there’s light at the end of the tunnel for the medical and scientific tools manufacturer. [Barron’s]
- How Citigroup Shares Can Keep Up Their Winning Run: Shares of the global megabank have outperformed over the past three years, but the bar is raised. [WSJ]
Retirement Planning
- 7 Numbers Shaping Retirement in 2026: As the new year begins, savings have hit unprecedented levels, but rising health care costs and growing poverty make retirement unaffordable for many. [NYT]
The chart above shows Rolex certified pre-owned quarterly sales between 2023 and 2025.There’s been a significant upward trend, with sales peaking at an estimated $160.13 million in October 2025.
Business Strategy
- Meta Unveils Sweeping Nuclear-Power Plan to Fuel Its AI Ambitions: Facebook parent will back nuclear projects with Oklo, Bill Gates-backed TerraPower and Vistra. [WSJ]
- The $358 Billion Question for the New CEO of Berkshire Hathaway: As Warren Buffett passes the torch to Greg Abel, a mountain of cash is top of mind. [WSJ]
- WBD Once Again Rejects Paramount Offer in Favor of Netflix Deal: WBD has entered into an agreement to sell its streaming and studio business to Netflix. Paramount has been vying to acquire the entirety of WBD, including its pay TV networks. [CNBC]
- JPMorgan Chase Reaches Deal to Take Over Apple Credit Card: Goldman Sachs is offloading the credit-card balances at a more than $1 billion discount. [WSJ]
- These Restaurant Chains Closed Locations in 2025: Restaurant chains like Starbucks, Wendy’s and Denny’s announced that they were closing locations this year to help their businesses. [CNBC]
- Can the Most Indebted Team in Global Soccer Fix Its Finances?: F.C. Barcelona’s liabilities have reached 2.5 billion euros, the result of financial mismanagement and vaulting ambition. [NYT]
Life & Work
- The Tech That Will Invade Our Lives in 2026: From talking computers to self-driving cars, here are the trends to watch. [NYT]
- How a Travel Writer Became Timothée Chalamet’s Ping-Pong Nemesis: For Pico Iyer, making his acting debut in the hit movie “Marty Supreme” was the latest journey in a life full of unexpected voyages. [NYT]
- ‘He Has a Sixth Sense’ – How Indiana’s Curt Cignetti Hacked College Football Recruiting: Despite a roster without a single five-star recruit, the Hoosiers coach has constructed the country’s No. 1 team by targeting a very specific type of player. [WSJ]
- What Will Our Homes Look Like in 2026?: Experts are predicting a return to craft and focus on individuality. [NYT]
- Michelin’s Expansion of its Restaurant Guides is Testing Trust in its Stars: The past few years, Michelin has rapidly expanded its Guide in North America, dishing out its coveted stars in more cities than ever before. [Crain’s Chicago]