Finance

The 25 richest American families, ranked

Rob, Alice, and Jim Walton are part of America's richest family.Rick T. Wilking/Getty ImagesThe US may not have royals, but it does have family empires worth billions.They've accumulated fortunes i...

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Carney needs to deliver 'Big Bang' tax reform to get the country back in black

If a...

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A personal finance expert saw her friends leaving 'tens of thousands' on the table with money mistakes — but it wasn't their $5-a-day coffees

Yuval Shuminer, the CEO of Piere.Yuval ShuminerYoung professionals lose money by keeping savings in low-interest accounts, says Yuval Shuminer.Shuminer, CEO of Piere, says daily purchases, like cof...

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Jean Chatzky sends surprising message on 401(k) plans

As financial pressures mount due to rising costs in housing, groceries, and fuel, many American workers are focusing on managing their daily expenses. Growing concerns about market instability and ...

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The 'magic number' of $1.3M for retirement: on the money, or off the mark?

A recent report on retirement savings says a comfortable retirement will take the average American $1.3 million in savings to achieve – nearly $200,000 less than the previous year's estimate. T...

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Shark Tank's Kevin O'Leary sends strong message on Social Security

As American workers manage their day-to-day costs — covering housing, vehicle expenses, phone bills, and groceries — many also contemplate how much they should allocate for savings and investments ...

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I retired 22 years ago with no savings plan, but now have $1.3 million. Stressing about retirement isn't worth it.

Rich Colorado still bowls three times a week and teaches chess.Jason Henry for BIThis as-told-to essay is based on a conversation with Rich Colorado, 87, who retired on his 65th birthday. Colorado ...

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It's a chaotic world right now. Here's why that makes it the ideal time to start a business.

Joe Balcken and Shelton Steele co-own Wrong Way River Lodge & Cabins, Asheville's only outdoor-centered hotel.Raw + Real PhotographyWith recession chatter and general market uncertainty, is 202...

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Treasury Secretary Scott Bessent's opening talk at the Milken conference will set the tone of the power-packed event

Treasury Secretary Scott Bessent is the opening talk at this year's Milken conference.Andrew Harnik/Getty ImagesThe 28th Milken Institute Global Conference kicks off Monday morning, running through...

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Dave Ramsey bluntly warns Americans on 401(k)s, market swings

Faced with uncertainty in the stock market and concerns about a possible recession, many American workers are deeply focused on managing their daily financial responsibilities. At the same time,...

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Warren Buffett: How the frugal billionaire spends his fortune, from McDonald's breakfasts to the occasional splurge

Warren Buffett, 94, is the CEO of Berkshire Hathaway.Getty ImagesBerkshire Hathaway CEO Warren Buffett announced he is stepping down this year.Buffett is worth $169 billion and is the world's fifth...

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Why our most basic assumptions about retirement may not add up

Getty Images; Jenny Chang-Rodriguez/BITo celebrate my father's 80th birthday, my family rented a lovely farmhouse in Tuscany and spent a week gorging ourselves on epic meals and fine Italian wines....

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A 12-time delegate shares 7 tips to make the Milken Global Conference pay dividends

Jennifer Prosek moderating a session at the Milken Global Conference in 2024.Courtesy of Milken InstituteThe Milken Institute Global Conference, launched by financier Michael Milken in 1998, runs f...

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Scott Galloway sends strong message on Social Security, Medicare

As they plan for retirement, American workers often grapple with various concerns about whether they will be financially secure when the time arrives. Many are concerned with the cost of health car...

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Americans love Social Security. Its overworked staff feels like 'the enemy.'

Bryan Dozier / Middle East Images / Middle East Images via AFPStaffing at the Social Security Administration is at a historic low.Nearly a dozen SSA employees told BI that morale has tanked among T...

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Q1 annuity sales top $105B amid persistent economic worries: Limra

US annuity sales exceeded $105 billion in the first quarter of 2025, according to preliminary data from Limra, maintaining momentum for a sixth straight quarter despite falling slightly short of ...

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Americans' longevity illiteracy puts retirement at risk, finds new research

The number of Americans living to 100 is projected to quadruple by mid-century, but the financial planning required to support such long lives is lagging dangerously behind, according to new join...

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Morgan Stanley and Bank of America are focusing AI power on tools to make employees more efficient

Getty Images; Karan Singh for BISome financial institutions are prioritizing internal AI tools to enhance daily operations.For example, Morgan Stanley and Bank of America have trained staff to use...

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Laid off at 59, Louie asks how to preserve capital in his retirement savings

Q. ...

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Working out too hard can backfire. A personal trainer shares 4 red flags and 4 green flags to optimize your routine.

Hilary Hoffman built her fitness business from a side hustle based on her experience finding the right workouts to balance with her busy finance career.Courtesy of Hilary Hoffman/SotoMethodBalancin...

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'Slow and steady': How a couple retired early by buying one rental property a year with 5% down payments

Suleyka Bolaños retired in her 30s alongside her partner, Jeff White, thanks to their real estate portfolio.Courtesy of Suleyka Bolaños and Jeff WhiteJeff White and Suleyka Bolaños retired early by...

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