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I’m 65 and five years away from retiring. Is it worth paying an investment adviser a fee to manage my $1.5 million nest egg?

“They recommend shifting to a 70/30 mix since I plan to work until I’m 70.” Source link

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Tennis star Caroline Wozniacki and David Lee just sold this Miami Beach island penthouse for a whopping $37 million

The building is on an elite island, accessible only to residents, which once included the likes of Oprah Winfrey. Source link

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Treasury yields steady as market prepares for Powell testimony

Treasury yields were little changed as investors eyed a fresh update on Federal Reserve thinking. Source link

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Money is the ‘tip of the iceberg’ in assessing big donors’ political influence, study finds

Money isn’t everything when it comes to the top political donors, according to a recent working paper circulated by the

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Are 70% discounts on office buildings enough? Billionaire investor Howard Marks isn’t sure.

The legendary Oaktree Capital investor sees a reckoning ahead for commercial real estate and highly leveraged companies. Source link

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Koss’s stock pares gains after spike amid rumors of interest from Roaring Kitty

Koss shares ended Monday’s session down 21.4%, snapping a two-day winning streak Source link

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U.S. trade representative ‘assessing’ response after Canada enacts digital-services tax

The U.S. is assessing what trade measures it could deploy against Canada after the country’s Liberal government enacted a digital-services

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Raw rolling-papers founder Josh Kesselman’s quest: An IPO that doesn’t kill the company’s vibe

Inventive entrepreneur figuring out how to sell shares of Raw to its avid customer base without diluting its brand. Source

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Passive investing’s rise hasn’t ruined the stock market, says Jeremy Grantham’s GMO

The rise in passive investing marks one of the stock market’s “most profound changes” ever, but its popularity hasn’t ruined

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AMC stock climbs as ‘Despicable Me 4’ boosts movie-theater chain on busy July 4 weekend

Shares of AMC Entertainment Holdings Inc. ended Monday’s session up 8.3%, lifted by a busy July 4 weekend for the