Wealth

Net worth surged 37% in pandemic era for the typical family, Fed finds — the most on record

Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock…

Jets owner Woody Johnson is privately lobbying GOP megadonors to donate to Trump’s campaign

Billionaire and New York Jets owner Woody Johnson is part of a very small group within former President Donald Trump’s…

Clarence Thomas Supreme Court financial disclosure shows flights paid for by GOP megadonor

Supreme Court Justice Clarence Thomas said Republican megadonor Harlan Crow paid for his travel expenses and meals on at least…

Senate panel probes billionaire Leon Black’s $158 million in payments to Jeffrey Epstein

A Senate panel on Tuesday revealed a yearlong investigation into Apollo Global Management co-founder Leon Black’s ties to the late…

Longtime Aretha Franklin estate battle shows the importance of having a proper will

History is filled with examples of celebrities who died without a will: Bob Marley, Prince, Howard Hughes, Pablo Picasso, Jimi…

Trying to choose Pretax vs. Roth 401(k)? Why it’s trickier than you think, experts say

If you have a 401(k), one of the big questions is whether to make pretax or Roth contributions — and…

3 reasons it can be smarter to rent, even if you can afford to buy

Have the money to buy a home? If you follow through, it may not be money well spent. For generations,…

A.I. has a discrimination problem. In banking, the consequences can be severe

AMSTERDAM — Artificial intelligence has a racial bias problem. From biometric identification systems that disproportionately misidentify the faces of Black…

Biden plugs pro-union record, economic agenda at his first major 2024 campaign rally

President Joe Biden on Saturday marked the first major event of his 2024 reelection campaign with a union rally, highlighting…

Why Charles Schwab became a financial ‘supermarket’

Charles Schwab Corp. is the largest publicly traded brokerage business in the United States with $7.5 trillion of client assets,…