Finance

Elon Musk says retirement savings 'won't matter' in 20 years. We asked 7 personal finance and AI gurus what they think.

The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion.ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BIElon Musk said retirement savings won't be need...

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I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax.Sam SlaterCalifornia's proposed wealth tax is sparking debate among billionaires across the sta...

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Nobel economist Paul Krugman says there's one big way Trump could really improve affordability for Americans

ANDREW CABALLERO-REYNOLDS / AFP via Getty ImagesPresident Donald Trump recently revealed a plan to impose an interest rate cap on credit cards.This idea quickly drew ire from the financial communit...

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Eric Adams' crypto-token that soared and then plunged in value connected to a controversial Brooklyn landlord

Eric AdamsNoam Galai/WireImageFormer New York City mayor Eric Adams promoted a digital asset, "NYC Token," in a press conference on Monday.He didn't say who he partnered with to launch the cryptocu...

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A millennial who hit a 7-figure net worth after quitting corporate life to be a content creator explains how to make money online

Michela Allocca is the founder of Break Your Budget.Courtesy of Michela AlloccaMichela Allocca grew Break Your Budget into a top personal finance brand on social media.She quadrupled her income by ...

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Maternity leaves made it hard for B.C. couple to save. They wonder whether to invest in ETFs or property?

B.C.-based couple Tina*, 38, and Brian, 37, are busy. They have three young children under the age of five, including a newborn. Still, they are trying to think long-term and save for ...

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The hottest fashion item for women on Wall Street? Really expensive pants.

William Edwards/Business InsiderWide-leg, high-waist pants are the top trend for women in finance this season.Popular brands include Aritzia, Lululemon, Abercrombie, Arcteryx, and Club Monaco.Premi...

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Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans.Tatiana Maksimova/Getty ImagesNew caps on student-loan borrowing could prompt more Americans to turn to privat...

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AI is speeding up work, but fixing its mistakes eats away at productivity gains

BitsAndSplits/Getty ImagesMore workers are using AI in the workplace to help with tasks such as summarizing notes and writing code.A new Workday-backed survey found that nearly 40% of AI's value is...

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Luxury retail giant Saks files for bankruptcy

Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy.Jimin Kim / SOPA Images/ReutersSaks Global has filed for Chapter 11 bankruptcy protection.The luxury ...

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There's a new way to make money from real estate — without ever buying a home

Getty Images; Tyler Le/BIFor most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates dr...

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Dell tells staff to get ready for the 'biggest transformation in company history.' Read the memo.

Michael Dell, CEO and founder of Dell.John Lamparski/Getty ImagesDell has told its employees to expect a companywide systems overhaul in May.Top exec Jeff Clarke told workers it would be the "bigge...

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3 reasons the stock market's AI surge will stumble in 2026, according to one investing legend

Geopolitics and economic shifts are some of the "unsettling" factors that could hit the AI trade in 2026, Mohamed El-Erian said.ANGELA WEISS/AFP via Getty Images2026 is the year the AI-fueled bull ...

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This consultant advised Big Law at McKinsey. Now Sequoia is backing his AI startup for in-house lawyers.

Nick Fleisher.SandstoneSandstone has raise a funding round led by Sequoia Capital to bring AI to in-house legal teams.The startup aims to build a system of record for legal teams to conduct and tra...

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Canada isn't the only one proposing a wealth tax, but it can learn a lesson from this American example

One of my sons got into trouble at his elementary school about 15 years ago. His crime? He didn’t like a particular teacher, so with the encouragement of some friends, he started a petition ...

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Kim Kardashian's trainer shares a 5-minute workout you can do anywhere to build muscle and burn fat

Senada Greca.Courtesy of Senada GrecaKim Kardashian's trainer Senada Greca said strength training is the key to an athletic physique.Greca said exercise transformed her physical and mental health, ...

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Mark Zuckerberg says Meta will build 'hundreds of gigawatts' of AI capacity over time

Meta CEO Mark Zuckerberg.ANGELA WEISS/AFP via Getty ImagesMeta CEO Mark Zuckerberg announced a new "top-level" initiative called Meta Compute.Zuckerberg said Meta aims to build "hundreds of gigawat...

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Why Trump's idea for a 10% cap on credit card rates could backfire, according to UBS

Capital One shares dropped sharply on Trump's call to cap credit card interest. J. David Ake/Getty ImagesTrump proposed a 10% cap on credit card interest, sending financial stocks tumbling on Monda...

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David Ellison's Paramount is now suing Warner Bros. Discovery. Here's why.

Paramount Skydance CEO David Ellison is standing by his $30-per-share offer for all of Warner Bros. Discovery.Shannon Finney/WireImageParamount Skydance is taking its fight with Warner Bros. Discov...

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YouTube billionaire MrBeast says he's actually cash poor: 'I have negative money'

YouTube creator MrBeast (Jimmy Donaldson).Michael M. Santiago/Getty ImagesYouTube megastar MrBeast is a self-made billionaire at 27 years old.But the creator, whose real name is Jimmy Donaldson, ha...

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A billionaire's life is on the auction block. The fire sale includes a Gilded Age mansion and a 15-room NYC penthouse.

Miles Guo in his NYC apartment in 2017TIMOTHY A. CLARY/AFP via Getty ImagesMiles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court.The former billionaire, meanwhile,...

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