Finance

The 'millennial daughter tax' is terrifying

Millennials are facing decisions about caring for their aging parents. Lots of those decisions are affecting women.Patrick Landmann/Getty ImagesOur story about the "millennial daughter tax" struck ...

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Apollo's Marc Rowan says to expect 'blue-collar ascendancy' and 'white-collar stress' in the age of AI

Marc Rowan, CEO of ApolloBloomberg/Getty ImagesAI will be good for blue-collar jobs and bad for white-collar jobs, Apollo CEO Marc Rowan said.Within private equity, it will offer opportunities and ...

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I went from no kids to twins. I'm still learning how to be a dad.

Courtesy of the authorI went from zero to two kids, and you grossly underestimate experiencing life before twins.There is nothing in this world to prepare you for becoming a twin parent.The Married...

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Does this 84-year-old suffer from the 'Multimillionaire’s Dilemma?'

At 84, Louise* is looking to simplify her investment portfolio , minimize tax, and make sure she maintains her current lifestyle. This includes continuing to travel five to six times a year, albei...

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The Roth 401(k) Switch Pre-Retirees Are Making at 60 to Lock In Tax-Free Income for Life

The post The Roth 401(k) Switch Pre-Retirees Are Making at 60 to Lock In Tax-Free Income for Life appeared first on 24/7 Wall St.. Quick Read ...

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Yahoo says its AI assistant has a secret weapon in the new search wars

Yahoo Scout is one of the internet media company's "top priorities" this year, CMO Josh Line told Business Insider.YahooYahoo is making its Scout AI engine a top priority this year.It's a late entr...

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4 of Warren Buffett's Berkshire CEOs told us how they're harnessing AI in their businesses

A special-edition Charlie Munger plush from See's Candies and Squishmallows.Theron Mohamed/Business InsiderBerkshire Hathaway is using AI to help customers, localize products, and use labor more ef...

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Long-term elder care in the US can cost 5-figures a month. These families are moving to Mexico for cheaper options.

Some Americans are moving their loved ones to Mexico, where an assisted living facility is cheaper.Westend61/Getty ImagesIt costs about $10,000 a month to care for Richard Johnson, an 85-year-old l...

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Two-thirds of top SaaS companies won't survive the AI age, an analyst says. Here's how to tell who will win and lose.

Ariel Cohen, CEO of Navan.IMFAI is transforming software-as-a-service, just as SaaS disrupted traditional software companies.Infrastructure companies like Twilio can thrive as AI transforms call ce...

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Anthropic launches AI agents for Wall Street's grunt work

Anthropic, led by CEO Dario Amodei, announced 10 new AI agents for finance on Tuesday.Bloomberg/Getty ImagesAnthropic launched 10 new AI agents to streamline Wall Street workflows.The agents can pe...

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President Trump opens a new chapter for retirement accounts

Imagine putting away $2,000 a year for retirement and watching the federal government drop another $1,000 into your account, with no strings attached from your employer. That scenario moved within ...

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Everyone’s Talking About TSMC’s AI Boom. Smart Money Is Watching UMC Instead

The post Everyone’s Talking About TSMC’s AI Boom. Smart Money Is Watching UMC Instead appeared first on 24/7 Wall St.. Quick Read ...

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Carney's fiscal update plays a charming tune, but falls off at the end

I was standing in the Cathédrale Saint-Vincent in St. Malo, France, with my 82-year-old French mother and sister on the day the federal government’s spring economic update was released. The plaque...

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AI data center executives are raking in massive stock windfalls — some are cashing them out

Michael Intrator, CoreWeave's CEO.Bloomberg/Getty ImagesAI infrastructure firms are paying giant compensation to their senior executives, mostly in stock.CoreWeave's top executives sold off more sh...

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Answering 5 burning questions about GameStop's gutsy eBay deal

Brandon Bell/Getty ImagesGameStop wants to buy eBay, and CEO Ryan Cohen has lofty ambitions of challenging Amazon.Wall Street analysts are skeptical of how GameStop will finance the acquisition.Tha...

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Who is Shivon Zilis? Meet the Elon Musk exec who's set to testify on his behalf

Elon Musk and Shivon Zilis with their twins.Courtesy of Walter IsaacsonAI investor and developer Shivon Zilis is a longtime executive at Elon Musk's companies.She could testify as soon as Tuesday a...

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Companies laying off staff this year include Meta, Amazon, and Coinbase — see the list

GoPro is cutting 23% of its staff.Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty ImagesCompanies such as Meta, Amazon, and Coinbase have said they're trimming staff this year.Many...

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Can Professional Service Providers Help Encourage Small Businesses to Offer Retirement Plans?

Executive Summary The retirement plan coverage gap, which undermines the financial security of millions of U.S. workers, is driven by a lack of coverage among small employers. Despite variou...

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Can Service Providers Convince More Small Firms to Offer 401(k)s?

The brief’s key findings are: Professional service providers – e.g., accountants, bankers, advisors – are trusted partners who can help convince small firms to offer retirement plans...

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Wall Street loves to team up when tech threatens its business

Bloomberg/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Anthropic's new technique for nabbing custo...

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'Big Short' investor Michael Burry says he'll sell GameStop stock after the bold eBay offer

Michael BurryJim Spellman/WireImageMichael Burry says he'll sell at least some GameStop stock as the company aims to buy eBay."The Big Short" investor" has been bullish on GameStop and Ryan Cohen r...

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