Credit card skimmers are on the rise, costing consumers $1 billion-a-year, police say. Here are some easy ways to spot the devices.
Starting this summer, Pomona, California will give 250 families with children with children under the age of 4 years $500 a month for 18 months.
The Atlanta Fed's Wage Growth Tracker and a new analysis of Bank of America data show pay raises for job switchers have cooled.
A couple in Astoria, Queens, rented out their basement on Airbnb for years. New city regulations have made that illegal.
BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.
With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from creditors and even their future heirs' ex-spouses.
Warren Buffett joked about his "love affair" with his home, called it his "third-best investment," and warned the wrong house can be a "nightmare."
Parents told BI that they're spending thousands to send their kids to camp or other summer care.
Mai-lan Phan and her husband Ryan Wagoner achieved financial independence with a net worth over $4 million, but they chose not to retire early.
The amount Hindenburg Research made from it's short-seller report on Adani Group pales in comparison to the market value it erased.
Chase Bank boss Marianne Lake warns that the pain of making up lost profits may be passed on to consumers if regulations go through.
Linda, 64, is retired. But that doesn't mean she's done working.
Rachel Wells doesn't see herself ever working for an employer again, given the perks of being fully self-employed and trying different income streams.
Japan still loves cash and vending machines, but new banknotes containing hologram technology won't work in many machines without upgrades.
Calling all bosses, colleagues, recruiters, and industry watchers to put forward the investors, traders, and dealmakers on their radars.
Andy Sieg took over Citi's ailing wealth unit in September with a turnaround plan. Since then, its leadership ranks have been a revolving door.
However, the pace of new construction of single-family and multi-family homes has started to slow this year — bad news for renters and homebuyers.
Thanks to a song in a viral TikTok video, finance bros have entered a period of resurgence — but it likely won't last forever.
Universal basic income is quickly gaining traction, with several trials and some famous proponents such as Elon Musk. Here's a closer look at UBI.
Baltimore gave low-income parents $1,000 a month for two years. Participants used the money for bills and housing.
A single mom who made $55,000 last year across three jobs says she can't pay the bills and doesn't qualify for many government-assistance programs.
Looking for a man in finance? Five women open up about what it's like, from difficulty scheduling dates to feeling proud of their ambition.
Card issuers must anticipate and exceed the growing expectations of digital natives as they expand their portfolios.
The Canadian federal government is finding new ways to pressure local governments to legalize denser housing to solve the country's home shortage.
Uber and Lyft settle to pay Massachusetts drivers $32.50 per hour for time spent completing a ride, as well as paid sick leave and accident insurance.
Anil Gondi has left Balyasny after rejoining the firm at the start of 2024. He previously ran a hedge fund named 6elm.
Despite positive returns, hedge funds like Schonfeld, Point72, Citadel, and Millennium lag the S&P 500's 15% increase in the first half of 2024.
Steve Ballmer went from being Bill Gates' assistant to his successor as Microsoft CEO, and now he's surpassed him in wealth for the first time.
Handing out cash with no strings attached discourages people from working and reaping the rewards of individual success, Dave Ramsey said.
BlackRock's Preqin takeover is set to hand about $2 billion to its founder Mark O'Hare. That's about $300 million more than Larry Fink is worth.
Half of all US renters were cost-burdened in 2022, spending more than 30% of their income on rent and utilities, a new Harvard report found.
The nagging discontent with the look of new homes reveals big problems with how they're built — and even larger flaws in the American dream itself.
Wealthy collectors want to make sure heirs or museums don't sell their art after they die. With the right lawyer, they can ensure their legacy.
David Wurtzbacher of private equity-backed Ascend breaks down his journey from Harvard to the CEO-training program that launched his career.
Retirees explain what it's like to live on Social Security checks and no savings.
Americans under the age of 35 generally make around $60,000. Gen Zers in a survey said more than double that would make them feel secure.
Jonathan Xiong was an executive at Millennium and Goldman Sachs before starting Arrowpoint Investment Partners, which has attracted investors like Blackstone.
Jain Global starts trading Monday with a reported $5.3 billion and 42 PMs. See BI's running list of the hedge fund's hires with nearly 140 names.
Warren Buffett's junk-food diet could've ruined his China trip but Bill Gates and his then-wife Melinda reportedly ensured the investor didn't starve.
BI spoke to late starters who started to save and invest in their 40s and 50s and set themselves up for financial independence and early retirement.
Shamarra Woods, 31, used her $700 a month in basic income to afford childcare, rent, and groceries in Atlanta.
For a certain cohort of retirees, retirement has meant financial stability and peace of mind.
Familiarizing yourself with basic concepts can keep you from falling into a debt trap and set you up for long-term stability.
Learn how Casey Wojtalewicz and Ally Walsh keep everything brewing smoothly, day in and day out.
The PE industry's hypercompetitive recruiting for 2026 associates kicked off earlier than ever this year. Even industry insiders are baffled.
Warren Buffett said 99.5% of his wealth is in Berkshire stock worth $127 billion. Much of the rest is likely in his personal stocks and bonds.
Uber and Lyft drivers share what they do to maximize their tips, even though some say tipping is inconsistent and not worth relying on.