Higher Treasury yields have pushed bond prices lower, leaving some investors with unrealized losses — and a potential tax-planning opportunity. The 10-year and 30-year Treasury yields hit their highest levels in 24 years this week, reaching levels not seen since 2002. Yields retreated Friday following a surprisingly weak jobs report. Investors who bought individual bonds,…
One of the selling points of ETFs is that they can be highly tax-efficient for managing capital gains and losses, but wealthy investors may have to rethink certain ETF tax-deferral strategies following recent communications from the Internal Revenue Service and U.S. Treasury. At issue are certain use cases of Section 351 exchanges, in which wealthy…
Milan_jovic | E+ | Getty Images New York City has become the latest jurisdiction to crack down on hard-to-cancel subscriptions. The city’s new “click to cancel” rule, which took effect Thursday, requires businesses to make it easier for customers to end subscriptions that renew automatically. While New York state already requires a cancellation method as…
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, as he announces a new set of sanctions against Iran, Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images More than 60 million American children under age 18 have been automatically enrolled in Trump…
One of the biggest decisions retirees make — when to claim Social Security benefits — would be described differently under a bill that may soon become law. The Claiming Age Clarity Act, a bipartisan bill that changes certain terms to describe the ages when a worker may claim Social Security retirement benefits, passed the Senate…
The U.S. Securities and Exchange Commission is considering new ways for individual investors to gain access to some private-market investments — including passing an exam. The three-member commission said on Wednesday it is considering expanding the qualifiers for so-called accredited investor status. Certain investments — such as private equity funds, venture capital, and hedge funds, among others — commonly require…
US Treasury Secretary Scott Bessent looks on as he speaks to the media at the World Bank on the day of a meeting with Chinese Vice Premier He Lifeng, in Washington, D.C., US, Sept. 23, 2026. Nathan Howard | Reuters The Trump administration announced Wednesday that it is launching a “Default Loans Support Center” as…
U.S. President Donald Trump leaves the stage after speaking during the America.gov launch event on Sept. 29, 2026 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images The Trump administration on Wednesday started sending $500 refunds to Obamacare enrollees whom the White House said were overcharged for healthcare by the Biden administration….
The Wall Street bull is seen in the Financial District in New York City on Feb. 13, 2025. Danielle DeVries | CNBC By one recent estimate, the AI buildout will cost more than most major economic transformations in the history of the U.S. economy. “The projected buildout would be larger relative to the economy than…
Luis Alvarez | Digitalvision | Getty Images More Americans are turning to their investment portfolios to support their spending, according to new research — a shift that researchers say shows household finances are more closely tied to the ups and downs of the stock market. Over the three months ending in April, 8.2% of individuals…