Bernd Vogel | Getty Images Ultra-wealthy Americans can soon protect more assets from federal estate taxes, the IRS announced this week.  Starting in 2023, individuals can transfer up to $12.92 million to heirs, during life or at death, without triggering a federal estate-tax bill, up from $12.06 million in 2022.  …

The most ardent supporters of returning to the office have extolled the benefits of face-time: spontaneous brainstorms by the coffee maker, random run-ins with higher-ups, networking in the elevator.  As more companies adopt hybrid work arrangements, with teams split between in-person and remote employees, a pressing question arises: How important …

Mortgage demand, which has suffered four straight months of declines, fell last week to the lowest level since 1997, as interest rates continued to rise. Homebuyers’ demand for mortgages dropped 4% for the week and was 38% lower than the same week one year ago, according to the Mortgage Bankers …

U.S. President Joe Biden delivers remarks to highlight electric vehicle manufacturing in America, during a visit to the Detroit Auto Show, September 14, 2022. Kevin Lamarque | Reuters The Biden administration on Wednesday said it will award $2.8 billion in grants for projects to expand U.S. manufacturing of batteries for …

Yuichiro Chino | Moment | Getty Images Businesses and consumers have been grappling with supply chain issues for months, resulting in annoying shortages of all kinds of products, including all-important semiconductor chips. And while the CHIPS and Science Act, signed into law in August, is designed to boost semiconductor manufacturing …

McDonald’s recently-released adult Happy Meal was designed to engender feelings of “nostalgia” among its older customers. Instead, it’s kicked off a bidding war. The Cactus Plant Flea Market Box has already sold out at many McDonald’s locations across the country, meaning that the only way for collectors to get their …

A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Images DETROIT – Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record profits as demand outpaced supplies of new cars …

Suella Braverman, UK home secretary, arriving at 10 Downing Street to attend a Cabinet meeting discussing the u-turn on the energy crisis, after Kwasi Kwarteng was sacked and replaced by Jeremy Hunt in London, United Kingdom on October 18, 2022. Photo by Stuart Brock/Anadolu Agency via Getty Images The U.K.’s …

BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for production of EVs at the automaker’s existing Spartanburg factory in South Carolina, and $700 million for a new high-voltage battery-assembly …

As the host of the radio program the “The CEO Show” for the last 15 years, I’ve interviewed more than 1,000 of the world’s top CEOs. These leaders all come from different backgrounds and have run very different companies, from Procter & Gamble to Dunkin’ Brands to LinkedIn. But they all agree on …