The Daily

The SECURE 2.0 Act calls for many provisions that modify employer-sponsored retirement plans—but as a plan sponsor, do you know which provisions are right for your company? Signed into law on December 29, 2022, the SECURE 2.0 Act introduced a series of reforms to help Americans save for retirement and improve the flexibility of employer-sponsored retirement plans.

 » Read more about: Building Better Retirement Plans: Applying SECURE 2.0 Reforms  »

• Warren Buffett has grown Berkshire Hathaway’s cash pile to more than $300 billion — a record high.
• The famed investor has halted stock buybacks and pared key holdings such as Apple and Bank of America.
• Buffett, 94, is facing a bargain drought and may be preparing to hand over control of Berkshire.

 » Read more about: Warren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.  »

 » Read more about: Warren Buffett reveals craving for Domino’s, while cutting back on Apple — on Berkshire’s investment portfolio  »

• Warren Buffett’s Berkshire Hathaway purchased stakes in Domino’s Pizza and Pool Corp. last quarter.
• The investing legend’s company made big cuts to its huge Apple and Bank of America positions.
• Berkshire pared other holdings such as Capital One, and sold almost all of its Ulta Beauty shares.

 » Read more about: Warren Buffett's Berkshire Hathaway reveals new bets on Domino's Pizza and Pool Corp.  »

NEW YORK —  U.S. stocks slipped Thursday as the market’s big burst after Donald Trump’s election continued to cool.

The Standard & Poor’s 500 index fell 0.6%, though it’s still near its all-time high set Monday. The Dow Jones industrial average dropped 0.5%, and the Nasdaq composite sank 0.6%.

 » Read more about: Stock market today: Wall Street weakens as its post-election boom slows some more  »

Ahmedabad: Adani Group on Wednesday announced that the conglomerate will invest $10 billion in the US for energy security and resilient infrastructure projects.

Taking to social media platform X to announce the investment intention, Adani Group Chairman Gautam Adani asserted that it would create up to 15,000 jobs.

“As the partnership between India and the United States deepens,

 » Read more about: Adani Group to invest $10bln in US energy and infrastructure projects  »

Trust Howard Marks to deliver the line of the day at the Sohn Hearts & Minds Investment Leaders Conference in Adelaide on Friday, which was abuzz with chat about the prospects for investing under the second Donald Trump administration.

What will Trump mean for inflation? What will he mean for growth?

 » Read more about: Howard Marks and Sohn’s big stars reveal seven rules for investing  »

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 » Read more about: Will October's inflation increase slow the pace of interest rate cuts?  »

Creating monthly passive income with a $9,000 investment can be a brilliant way to kickstart a consistent revenue stream without constantly monitoring the market or timing trades. Passive income means the possibility of regular cash flow. Even when the market is volatile or when you’re busy with other things. The appeal is the freedom it gives you to plan financially,

 » Read more about: Invest $9,000 in This Dividend Stock for $59.21 in Monthly Passive Income  »

Active equity funds continued to sit on cash piles in October as cash holding as a percentage of category assets reached 4.91 percent, the highest level since May 2023,

 » Read more about: Active equity mutual funds' cash holdings top May 2023 highs  »