Buffett to Offload Berkshire Stake in 8 Years, Gates Snubbed

Published on July 14, 2026

The 95-year-old philanthropist plans to give shares of Berkshire Hathaway to the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation, each led by his children.

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Boomer Wealth Transfer Set to Favor America’s Richest Families

July 14, 2026
The expected “great wealth transfer”— with $93 trillion in assets changing hands—may be less dramatic than headline figures suggest.

Real Middle Class Wages: June 2026

July 14, 2026
This series has been updated to include the June release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $54,560, down 5.7% from over 50 years ago.