2024

Billionaire Chris Rokos still runs the majority of his firm's portfolio, which is rare for a fund of its size. Les Wilson; BI The $19 billion manager Rokos Capital is an outlier in the increasingly institutional hedge fund industry. Its billionaire namesake, who was a cofounder of Brevan Howard, runs the majority of the portfolio.

A US military helicopter sits in the dense fog at Wright-Patterson Air Force Base in November 2024. US Air Force photo by Daniel Peterson A US base briefly closed its airspace heading into the weekend due to heavy nearby drone activity. It's the latest military installation to report drone sightings nearby. The sightings reflect a

Getty Images; Jenny Chang-Rodriguez/BI The Federal Reserve is expected to cut interest rates this week by 25 basis points. Inflation has ticked back up in recent months, and economists think the job market is still robust. The outlook for 2025 is more uncertain while the Fed waits to see how Trump will impact the economy.

Sitting at his dining room table, Robert Berkeley takes a moment to review his finances. Saul Martinez/BI Over 2,000 older Americans and counting have shared their financial and other regrets with BI. Some experienced financial distress after losing their spouses to illness or accidents. This is part of an ongoing series about older Americans' regrets.

The metro area of San Francisco had the highest regional price parity in 2023. Alexander Spatari/Getty Images Ten of the 15 most expensive metros based on regional price parity data for 2023 were in California. Miami and New York were two non-California metros with higher prices than the national average. Some of the least expensive

Getty Images; iStock; Natalie Ammari/BI In the early days of the pandemic, Josh Kramer and his wife set up a Discord server to stay in touch with their friends. Branched off from the main group of about 20 people are different channels for topics — like AI and crypto, which took over a channel previously

Javier Jaén for BI The American dream — like a beloved pair of pants you left in the dryer too long — is shrinking. The idealized image of American life we know today was crystallized in the country's collective imagination in the 1930s. Since then, the idea that anyone can obtain a life that has

Jim Carrey says he's even open to reprising his role in sequels to “The Mask” or “How the Grinch Stole Christmas.” Joe Maher/Getty Images Last week, Jim Carrey said he came out of retirement to star in “Sonic the Hedgehog 3” because of money. A day later, he clarified to Comicbook.com that he wasn't really

A sketch of Merchan presiding in his courtroom. REUTERS/Jane Rosenberg A NY judge Monday denied Trump's demand that his hush-money case be dismissed on immunity grounds. Judge Juan Merchan noted that even the SCOTUS immunity decision found a president is not above the law. Any use of official-act evidence in the case would be “harmless

Cole Hauser and Kelly Reilly star as Rip Wheeler and Beth Dutton in Paramount Network's “Yellowstone.” Paramount Network Beth and Rip's relationship was a cornerstone of Paramount Network's “Yellowstone.” The couple, played by Kelly Reilly and Cole Hauser, are rumored to be reuniting for a spinoff show. Here's a complete timeline of the pair's passionate