As an adult, a point may arrive when you realize that your aging parents or other older relatives could use your help managing their finances. It can be a tricky transition, experts say, depending on family dynamics and the specifics of the situation. “There are two things potentially in conflict — adult children are worried…
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — As artificial intelligence expands, it threatens to exacerbate a growing trend for America’s largest automakers: the elimination of white-collar workers. The “Detroit Three” automakers have together cut more than 20,000 U.S. salaried…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Voya Financial CEO Heather Lavallee explains to CNBC’s Sharon Epperson why caregivers and people with disabilities may be missing out on key financial benefits, such as ABLE accounts, and what employers should do to help meet these employees’ needs. Source link
Fish farm nets on the East coast. Shaunl | E+ | Getty Images 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. Equity Group Investments, backed by the family of…
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 29, 2026. Brendan McDermid | Reuters Bond market investors believe the Federal Reserve needs to play catch…
President Donald Trump told Fox News that China has agreed to buy 200 Boeing jets, according to a clip that aired Thursday. “One thing he agreed to today, he’s going to order 200 jets. That’s a big thing. Boeings,” Trump told Fox News, referring to Chinese President Xi Jinping. Analysts had expected a big order of…
In this photo illustration Hantavirus samples are seen in Ankara, Turkiye on May 6, 2026. Arman Onal | Anadolu | Getty Images The U.S. Centers for Disease Control and Prevention said there are no hantavirus cases in the country as of Thursday, as it monitors 41 people for the virus. The agency said the risk…
A large-scale Jackson Pollock drip painting titled, “Number 7A, 1948.” Crystal Lau | CNBC 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. Nearly $2 billion worth of art will come up…
Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time for the new Federal Reserve chair to take over. Speaking Thursday to CNBC, Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is “going to keep pumping” oil, easing the…
A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Biogen plans to advance an experimental drug for Alzheimer’s disease to late-stage testing despite disappointing mid-stage trial data, the company said Thursday. Biogen said its experimental drug that targets tau, a protein associated with the memory-robbing disease, failed to show better responses at higher doses….