Good morning. Figure skater Alysa Liu just won the U.S.'s first individual figure skating gold in 24 years at the Milano Cortina Winter Olympics — which means somewhere out there, a 2002 Sarah Hughes fan is feeling very old right now.
Here's what we're covering today:
Berkshire Hathaway's Coca-Cola dividend windfall stunned Elon Musk — here's how to tap in
Why this one type of retiree is 500% richer than they think (and how to max out your wealth in 2026)
The Supreme Court just dealt a blow to Trump's tariffs — here's what it means for your money
Please also enjoy our latest video release at the end: We spoke with private equity expert Steph Wagner on dealing with losing financial agency and tips on how to get it back.
■ TOP STORIES
Even Elon Musk was stunned by how much Berkshire Hathaway earns from Coca-Cola dividends — now topping $800 million a year. Warren Buffett’s decades-old bet on the soda giant has become a passive income powerhouse. Here’s what investors can learn from the strategy.
■ SPONSORED BY FISHER INVESTMENTS
Is your retirement plan prepared for the unexpected? It isn't just about saving enough—it's also about making sure your savings last. Over that time, the steady effects of inflation can significantly reduce your purchasing power, especially as costs for essentials like healthcare continue to rise. What seems like a comfortable nest egg today could fall short tomorrow without a forward-looking strategy.
A successful plan requires a clear objective that accounts for your goals, time horizon and the impact of rising costs. Fisher Investments' free guide, The 15-Minute Retirement Plan, can help you define your goals, understand these challenges and build a tailored strategy designed to support the retirement lifestyle you've worked for.
■ TRIVIA
Approximately what percentage of Americans can’t cover a $1,000 emergency with savings?
A) 12%
B) 27%
C) 46%
D) 59%
Running out of money is retirees’ biggest fear — but a little-known strategy could dramatically improve your odds. Research from top financial experts suggests one unconventional tweak may even leave you far wealthier than the traditional approach. Here’s how it works.
In a 6-3 decision, the Supreme Court ruled that Trump cannot use the International Emergency Economic Powers Act to levy tariffs — and can't impose tariffs at all without Congressional approval.
It's a major blow to the president's signature economic tool, but the Trump administration already has a Plan B, with Treasury Secretary Scott Bessent outlining how they could use other trade laws to "recreate the exact tariff structure." So while this ruling is a significant legal setback, find out what it actually means for your money.
■ MORE FROM MONEYWISE
RETIREMENT: These are the 3 basic expenses Medicare doesn’t cover that can total over $100K a year. How to plan ahead.
DEBT: Mega-rich Americans are ditching stocks and hoarding historic highs of cash. Here’s where their wealth’s going instead
RETIREMENT: ‘Sometimes, everything can go down’: Suze Orman says you need this much cash for retirement, and it’s more than most Americans expect.
■ VIDEO
Moneywise reporter Victoria Vesovski sits down with private equity expert Steph Wagner
■ TRIVIA ANSWER
Approximately what percentage of Americans can’t cover a $1,000 emergency with savings?
Answer: D) 59% of Americans don't have enough savings to cover a $1,000 emergency expense, according to Bankrate's 2025 annual report.
The median emergency fund balance has dropped by half in just one year — from $10,000 in 2025 down to $5,000 in 2026, per a U.S. News report. That's a striking deterioration in a short time.