Australia’s Challenger gets takeover bid from unit of Japan’s Daiichi Life

The shift away from self-built models While self-built model portfolios remain the most common construction method overall, frequent use declined in 2026 and a growing segment of advisors say they have stopped creating models themselves entirely. More than half of respondents (54 percent) reported using model portfolios offered by asset managers, while just over one-third…

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The “family fight” over setting the Fed Funds Rate that Federal Reserve Board Chairman Kevin Warsh has desired resulted in the Federal Open Market Committee (FOMC) maintaining its current 3.5% to 3.75% target at the second meeting under his leadership. “I asked for a good family fight, and I got one,” he said at Wednesday’s…

Are you a young forex trader looking to grow your bank account? Trading on the currency market can be rewarding, but it involves risk. The plain truth is that many young traders lose money at the outset. As a result, new traders need to make two considerations: never use money you can’t afford to lose…

School costs for children are one of the most significant expenses for many middle-class families. Some parents pay thousands of dollars each year to send their kids to private schools, while others spend thousands in mortgage costs to buy homes in top-rated school districts. A 2016 Brookings Institution analysis, working from 2010 and 2011 data,…

Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company’s “Japan AI Ecosystem” reception in Tokyo, Japan, on Thursday, July 16, 2026. Kiyoshi Ota | Bloomberg | Getty Images Nvidia plans to hike prices for some of its largest customers, Bloomberg News reported Saturday. The chipmaker is set…