‘I’ve always been very good with money’: Should I put my wife on the title of my home, investment property and my late father’s house?
“If I die and she sells the properties, would she have to pay a lot of capital-gains taxes, especially on the houses we don’t live in?”
My friend has a dependent son, 32, who drives without car insurance. Would his parents be criminally liable if he has an accident?
“They declare him as a dependent for tax purposes.”
10-year Treasury yield hits fresh 7-month high during holiday-shortened session
Treasury yields declined on Tuesday, reversing early gains after the 10-year briefly touched its highest intraday level in seven months during a holiday-shortened Christmas Eve session.
Sylvester Stallone wants to build an underwater barrier at his $35 million Palm Beach mansion; his neighbors were ‘blindsided’
Stallone has reportedly prompted outrage from neighbors with his plans to build an underwater barrier to keep boaters away.
Bitcoin may reach cycle peak in 3 weeks if history repeats itself — but watch for these barriers
Bitcoin has wobbled since breaching the $100,000 milestone earlier this month — but history suggests a new all-time high could be in sight by around mid-January.
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global financial crisis, but the Fed has already proposed some changes to the annual process.
FDA Zepbound shortage ends, impacts patients, compounding pharmacies
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The roughly $1,000 monthly price tag of Eli Lilly‘s weight loss drug Zepbound put the blockbuster treatment out of reach for Willow Baillies, 29, whose insurance does not cover it. Baillies, […]
Soaring athlete salaries attract wealth advisors
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among […]
Stock market’s December performance in balance as ‘Santa Claus rally’ begins
Stocks have seen a stellar 2024, but the S&P 500 is in danger of a rare December loss. It’s all riding on the so-called Santa Claus rally.
American Airlines temporarily grounded flights due to technical glitch
American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida. Joe Raedle | Getty Images American Airlines grounded its U.S. flights Tuesday morning due to a technical problem, snarling travel during what carriers expect to be a period of record demand for the holidays. By 7:55 […]