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Only 41% of investors with more than $1 million have a plan for passing on their wealth to future generations, UBS says. kate_sept2004 via Getty Images As retirees consider their legacy, a popular income tax-saving strategy has become more common, experts say. The strategy, known as a Roth individual retirement …

United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers has filed unfair labor practice charges with the National Labor Relations Board against Honda Motor, Hyundai Motor and Volkswagen, accusing …

People walk past a billboard advertisement for YouTube in Berlin, Germany, on Sept. 27, 2019. Sean Gallup | Getty Images Teenagers in the U.S. are glued to YouTube and TikTok, with nearly 1 in 5 saying they use the video-streaming apps “almost constantly,” according to a survey on the social …

Klaus Vedfelt | Digitalvision | Getty Images As financial advisors weigh year-end tax planning strategies, there’s a looming issue on the horizon for high-net-worth clients. Several key provisions from the Republicans’ signature 2017 tax overhaul are slated to expire after 2025, including a higher federal gift and estate tax exemption …

The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week after recent signs the economy is in fairly good shape and as inflation continues to drift lower. “While there’s been talk about an imminent recession going back to early last …

Igor Golovniov | Lightrocket | Getty Images Altice USA is in talks to sell the financial news streaming service Cheddar News to LA-based private equity firm Regent LP, according to people familiar with the matter. No deal is assured and discussions around structure are still fluid, said the people, who …

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell Monday as investors took profits after its December rally. The price of the cryptocurrency was recently lower by about 5% …

You’ve probably encountered an insecure person at work — perhaps a gossipy coworker or a boss who constantly diminished your accomplishments.  Insecure people are one of the most difficult personality types to work with, and having too many of them can create a toxic work culture, says Harvard Business School …

People wait in line to enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021. Goldman Sachs Group Inc. is bringing thousands of employees back to the office across the U.S. Monday for the first time in more than a year. Photographer: Michael Nagle/Bloomberg via …

The AI enthusiasm that has burst into the economy in 2023 has already emboldened several buyers, particularly in the large-cap tech and venture capital world. But behind the scenes, this technology can also have a deterrence effect on M&A – causing would-be dealmakers to take a pause due to fear …