Finance

How a corner of the Trump trade could unleash higher mortgage rates

Kevin Lamarque/ReutersRising odds of Fannie Mae and Freddie Mac being re-privatized have sent shares of the firms soaring. But a move to release them from government control could damage the mortga...

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Trump tax bill fails in House panel as divided GOP fails to make a deal

A key House committee on Friday failed to advance House Republicans’ massive tax-and-spending bill after hard-line conservatives bucked President Donald Trump and blocked the bill over cost conce...

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Retiring surgical nurse Richard wants to know whether to max out RRSPs or top up TFSAs

Q. I’m a 58-year-old surgical nurse retiring in July. My ...

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Trump's tariffs have been good for consulting firms

Demand for consulting firms like PwC, McKinsey, BCG, KPMG, and others has increased since Trump's tariff announcements.Jack Taylor/Stringer/Getty ImagesConsulting firms have seen increased demand s...

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Fiverr's CEO tells BI he'll only hire candidates who use AI. Here's why.

Micha Kaufman said that job hunters who aren't using AI will be left behind. FiverrMicha Kaufman told BI that AI use is now a baseline expectation at Fiverr.People using AI will displace those who ...

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Walmart, Shein, Target, and other major brands that say Trump's tariffs are pushing them to raise prices

Some companies are preparing to raise prices in response to President Donald Trump's tariffs.Brandon Bell/Getty, Tyler Le/BITrump's tariffs have led some companies to announce that they plan to rai...

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Edelman: What advisors should know about purposeful retirement

As every generation reaches retirement age, this hugely transformative – and often challenging – phase of life evolves. In 2025, retirement for many Americans is so different from how it would ...

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Birkenstock is raising prices to offset the hit from Trump's tariffs

Birkenstock is raising the prices of its shoes.Rolf Vennenbernd/picture alliance via Getty ImagesBirkenstock is raising the prices of its shoes to mitigate the effect of Trump's tariffs.Its finance...

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You might want to postpone your retirement. Here's what to think about.

Kiersten Essenpreis for BIEconomic-slowdown concerns are prompting Americans to rethink their retirement plans.Financial advisors and researchers advise older adults to keep their jobs if they can ...

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GOP tax chair stands behind $30k SALT cap

The chair of the House’s tax-writing panel said the $30,000 limit his committee put on the state and local tax deduction is “fair” and lawmakers from high-tax states should accept it. “It’s not...

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Florida advisor gets eight-year sentence for illegal tax shelter scheme, stealing client funds

A Florida financial advisor has been hit with the full force of the law after pleading guilty to running a nearly decade-long scheme that involved promoting a fraudulent tax shelter and stealing ...

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What to do if your debt consolidation loan application is denied

It can feel incredibly isolating when you are struggling to make ends meet and your bank or credit union is unable to approve your application for a ...

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Lo & Sons makes some of the best travel bags we've ever tried, including our favorite totes for work trips

When you buy through our links, Business Insider may earn an affiliate commission. Learn moreLo & Sons makes smartly designed bags for busy people on the move.Les Shu, Gabrielle Chase/Business ...

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Will Liberals fulfil an election promise to give relief on RRIF withdrawal amount?

This week, Prime Minister Mark Carney confirme...

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A Surprising Silver Lining from the COVID-19 Pandemic

Remote work isn’t going anywhere, research shows. As an economist, I’m neither professionally nor personally inclined to find the bright side of anything. They don’t call Economics “the dis...

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Side hustles so popular with millennials and gen Z even people making $100,000 a year have one

Almost half of millennials and ...

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You can’t prevent an economic recession, but you can ensure you're financially prepared to weather one

The best time to fill the pantry or gather firewood when preparing to live in a cabin over the winter is well before the first snowfall. Similarly, the best time to ...

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Climb aboard the USS Silversides, a World War II submarine that sank 23 enemy vessels and earned 12 battle stars

The USS Silversides submarine.Talia Lakritz/Business InsiderThe USS Silversides submarine sank 23 ships and earned 12 battle stars during World War II.Visitors can tour the vessel at the USS Silver...

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Will You Need or Provide Long-Term Care?

The Trump Administration’s flouting of the U.S. Constitution brings to mind Benjamin Franklin’s often quoted statement that “[o]ur new Constitution is now established, and has an appearance that pr...

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A financial planner explains how much you should have in emergency savings if you're retiring soon — and when to use it

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.Affiliate links for the products on this p...

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Duolingo's CEO says his role went from being a 'micromanager' to 'mascot' as the company grew

Duolingo's CEO said his leadership style evolved as the company grew.Kevin Dietsch/Getty ImagesDuolingo CEO Luis von Ahn said he adapted his leadership as the company grew in size.Von Ahn said he s...

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