Personal Finance

Exclusive news, analysis, and commentary on developments that can affect your own financial and tax planning.

Personal Finance

The Great Wealth Transfer Might be a Big Mirage

Photo illustration by Connor Lin / The Daily Upside, Photos by Freepik, Banphote Kamolsanei and Cherezoff via iStock

In the coming decades, the Silent Generation and aging Baby Boomers are projected to hand down trillions in wealth. So who will benefit?

4 min read

Photo by Dannel Malloy via CC BY 2.0

Personal Finance

Hurricane Milton Might Be the Costliest Hurricane Since Katrina

When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.

1 min read
Photo by Gage Skidmore via CC BY-SA 2.0

Advisor Upside

Sen. Warren Blasts Advice Industry Over ‘Kickbacks’

Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.

2 min read
Photo by Thirdman via Pexels

Personal Finance

Home Economics: Homeownership is still the American Dream. But Should it Be?

Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?

4 min read

Personal Finance

US Home Insurers Hit with Worst Underwriting Loss of the Century

Photo by John Middelkoop via Unsplash

The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century.

1 min read

(Photo by Christopher Bill on Unsplash)

Personal Finance

Millionaires are Fleeing the UK in Droves in Favor of Tax Havens like the UAE

Across the globe, a record 128,000 millionaires are expected to relocate this year, according to a new report.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

PayPal “Fairness-Aware” Model Patent Highlights Bias Issues in Financial AI

The filing highlights the importance of eliminating bias in AI-powered financial platforms.

2 min read
Photo by Jenny Ueberberg via Unsplash

Personal Finance

Best Buy and Amazon Are Among Most Impersonated Companies by Scammers

Impersonation frauds were the most common scams reported to the FTC in 2023, accounting for $2.7 billion in losses.

1 min read

Personal Finance

More Working People Feel Good About Their Finances

Photo by Amy Hirschi via Unsplash

The percentage of US employees who think their financial well-being is good or excellent rose to 47%, up from 42% a year ago.

1 min read

Personal Finance

BlackRock’s CEO Says the US Retirement System is Archaic

Photo by Towfiqu Barbhuiya via Unsplash

Larry Fink said that retirement is a “much tougher proposition” than it was 30 years ago.

2 min read