After President Donald Trump took some serious lumps in his contentious interview with Fox News host Chris Wallace earlier this month, it was probably time for a friendlier chat. Enter David Portnoy, the outspoken founder of Barstool Sports, who came to the White House on Friday armed with the kind of softballs that had the president saying “I like this interview” within about a minute of sitting down. Yes, it didn’t take long for the two to become quite chummy. Eventually the wide-ranging...

‘The claim that a frog placed in slowly warming water will die without trying to escape is factually incorrect, but too useful a metaphor to discard. We have been slowly raising the temperatures on 401(k)s for 40 years, and we’re nearing the point that they no longer make sense for workers.’ That’s Aaron Brown, author and former managing director at AQR Capital Management, explaining in an op-ed for Bloomberg News why retirement savers might want to reconsider their 401(k)s. And it isn’t...

‘We had record loans written during the middle of March and the middle of April, of significant family offices who asked us for balance sheet and then went into the market. They bought, for example, U.S. equities, but they didn’t buy $50 million. They bought a billion-plus of those equities to rebalance. And they made a lot of money.’ That’s Josef Stadler, UBS’s head of global family offices, explaining to Reuters in an interview posted Thursday how some of the world’s richest investors have...

‘Please, if you have the ability to do a Roth 401K, 403B, or a TSP, or a Roth IRA, those are the type of retirement accounts that you want to be in. Stay away from the traditional ones.’ That’s personal-finance celebrity Suze Orman offering some advice on the “Pivot” podcast this week about what investors should be doing during the coronavirus pandemic. With traditional IRAs or 401(k)s, savers get the tax break immediately upon the contribution, allowing their investments to grow tax-free,...

‘She will stand over you, telling you how to clean the blood off the seat, but you’ll do the job yourself. When it’s over, she will spray you down with water, and send you off in clothes that cost less, wiping away your illusion of being a big shot.’ That’s the New York Times in a profile published on Tuesday comparing celebrity financial adviser Suze Orman to “The Wolf,” Harvey Keitel’s character in the movie “Pulp Fiction.” At times like these, demand for fixer types is running high, and...