Finance

Trump Account: IRA for Kids With No Earned Income

We covered the new tax deductions in the 2025 Trump tax law in previous posts: seniors, car loan interest, tips, overtime, charity donations, and the SALT cap increase. The law also created a new t...

Credit:

McKinsey, BCG, and Deloitte's new competition is small, fast, and driven by AI

There's a new set of consulting firms leveraging AI to compete with the giants.Shannon Fagan/Getty ImagesSmaller, boutique consulting firms are leveraging AI to compete with established players.Man...

Credit:

Wall Streeters flock to The Surf Lodge in the Hamptons. We asked staff what it's like to serve them.

People partying at Surf Lodge in the HamptonsRebecca Smeyne/ Getty ImagesBusiness Insider spoke to staff at The Surf Lodge about life behind the scenes at the Hamptons hotspot.They described multi-...

Credit:

They're in their 80s, still working, and living paycheck to paycheck

Sandy McConnell (left) and June Boyd (right) both work out of financial necessity.Bridget Bennett and Brittany Greeson for BIAfter a tedious week of squinting at spreadsheets, Sandy McConnell, 80, ...

Credit:

I'm a personal stylist for wealthy men in tech. Here's how I help them elevate their uniform.

Amanda Massi said most of her clients in tech want to look polished but not have their clothes stand out.Malik DanielsMany of personal stylist Amanda Massi's clients are men working in tech, financ...

Credit:

Finance legend Burt Malkiel is still working at 92. He tells BI why people should retire later.

Burt Malkiel is an author and Wealthfront's chief investor.Fairfax Media via Getty Images via Getty ImagesA Wall Street legend says career paths can be winding, and people should retire later if th...

Credit:

I think it's time to move my mom in her 90s into assisted living. My siblings disagree — what should I do?

A reader (not pictured) feels their mother needs 24/7 care, but faces resistance from their mother and siblings.Maskot/Getty ImagesFor Love & Money is a column from Business Insider answering y...

Credit:

I haven't bought new clothes in 8 years. I now only get used items from Facebook groups and clothing swaps.

Angela Rozmyn hasn't bought new clothes in eight years.Courtesy of Angela RozmynAngela Rozmyn is a 37-year-old in the Seattle area who felt overwhelmed with shopping for clothes. Eight years ago, s...

Credit:

$1,000 Charity Donation Deduction in the 2025 Trump Tax Law

Many charities advertise that donations are tax-deductible, but most people don’t deduct donations on their taxes. That’s because over 80% of taxpayers use the standard deduction, and they don’t ge...

Credit:

Tax Deductions: Above-the-Line, Itemized, and Neither

The new 2025 Trump tax law — One Big Beautiful Bill Act — created several new tax deductions. Some people say they’re above-the-line deductions, but that’s not true. These new deductions are all be...

Credit:

Social Security Is Still Taxed Under the New 2025 Trump Tax Law

I received an email from Social Security Administration on July 3, applauding the new 2025 Trump tax law — One Big Beautiful Bill Act. The email said, The new law includes a provision that...

Credit:

The new must-have for CEOs: An AI whisperer

Executive advisers say they have waiting lists of CEOs who want help incorporating AI into their companies.sesame/Getty ImagesLeaders are seeking guidance on everything from vetting AI vendors to e...

Credit:

My husband says he's 'doing it all' after my job made me return to office. He wants me to quit but I love my work — should I?

Elena Medoks/Getty Images/iStockphotoFor Love & Money is a column from Business Insider answering your relationship and money questions.This week, a reader's husband feels he's "doing it all" a...

Credit:

I moved home after graduating from college and worked remotely. I saved thousands, but it came with an emotional cost.

The author (not pictured) felt lonely when living at home with her parents after college.RealPeopleGroup/Getty ImagesI moved home shortly after graduation and worked remotely.The money I saved over...

Credit:

Oscar-winning director Danny Boyle on why he would never make 'Slumdog Millionaire' today

Danny Boyle.Steve Marcus/REUTERSDanny Boyle, the director of "Slumdog Millionaire," has said he "wouldn't be able to make" the movie today.The 2008 film won eight Oscars but faced criticism for its...

Credit:

Does Canada have UBI? Everything you need to know about the country's basic income programs.

Vancouver was the site of a basic income program that concluded in 2023.Ron Watts/Getty ImagesCanada has been experimenting with universal basic income-style programs amid rising living costs.Basic...

Credit:

I dreaded working in the private sector, but the public sector didn't pay enough for me to live on. Here's how I found balance in my career.

Joey Nguyen is the senior clinical trial contract and financial analyst at the Massachusetts General Hospital.Courtesy of Joey NguyenJoey Nguyen transitioned from the public to the private sector f...

Credit:

Why Oasis Management's Seth Fischer traveled across the world to do 10-minute pitches at 3 conferences in 16 days

Oasis Management Founder Seth Fischer pitched Japanese stocks at three separate Sohn events.Jeenah Moon/REUTERSOasis Management founder Seth Fischer has been on the road a lot in May.He spoke at th...

Credit:

Former OceanGate staffers say CEO Stockton Rush 'wanted fame' and describe him as a 'borderline psychopath' in new Netflix documentary trailer

Stockton Rush, the late CEO of OceanGate.Shannon Stapleton/ReutersNetflix is releasing a documentary about the OceanGate Titan submersible disaster.The sub imploded in 2023 while descending to view...

Credit:

Life lessons from 90-year-olds who are still working, active, and financially savvy

Mark Petty for BIIlluminated by a large desk lamp, Fay Pacchioli, 93, crunches numbers in Excel under the watchful eyes of her dogs, immortalized in framed photos on her wall.It's midnight in Easto...

Credit:

Why solar stocks have soared — and why there's trouble ahead for the rally

Mario Tama/Getty ImagesSolar stocks outpaced a rally in the broader market this week.The sector surged after a key budget bill kept tax credits intact.But the bill proposes changes that could slow ...

Credit: