business

50 Cent is among many artists who want their kids to work hard for money. The rapper is ashamed that his 27-year-old son thinks his father's wealth is his own and hopes he will change his ways soon.

Robert Kiyosaki believes investing in assets like dividend stocks, real estate, annuities, and loans can offer stable and regular income. He also suggests collecting royalties from the sale of intellectual property for additional income.

Robert Herjavec, a successful entrepreneur and investor, shares his insights on the business types he would never start.

UK millionaires are expediting plans to leave the country as fears grow that Labour may announce capital gains tax hikes and an "exit levy" for those leaving.

Ramit Sethi thinks women increasingly earning more than men is threatening their role as providers, driving relationship issues.

Mark Cuban said that dividend-paying stocks, REITs, and high-yield savings accounts are among the easily accessible investment options people can explore for passive income.

Ramsey thinks investing Social Security income starting at 62 in mutual funds can help overcome shortfalls for the early claim.

Rich people leverage 401(k) employer-matching options, create backdoor Roth IRA accounts to avoid future taxes, and create investment accounts for liquidity and access to low-cost, diverse funds.

Todd Graves worked as a boilermaker in an oil refinery near California and fished salmon in Alaska in harsh conditions before opening Raising Cane's fast-food chain that only sold chicken fingers and made him over $9 billion in less than three decades.

The Social Security Administration's 2.5% COLA hike for 2025 will increase the monthly income of retired workers by an average of $50 and $100 for widowed mothers with two children.

Most job switchers contribute to 401(k)s at the low default rate fixed by the plan provider and often fail to account for the drop in savings rate when they move to a new employer despite a decent pay bump.

The proposed bill is expected to help kids become familiar with financial planning early on and level the playing field for Americans from all walks of life by offering each the chance to achieve financial freedom.

The senior is struggling to ask her husband of 30 years to cut his biological son and ex-wife from her portion of their combined net worth as they rarely help or stay in touch.

Christopher DeVocht from British Columbia alleges that RBC didn't acknowledge his limited financial acumen and advised him to donate millions to charities and trade using a margin account via a new holding company to avoid taxes.

The senior woman is exploring ways to ask her boyfriend of three years if he would include her in his will despite the wealthy man having previously expressed no inclination to marry her.

75-year-old Tim F. wishes he had claimed his Social Security earlier to fulfil his plans of spending it together with his wife, Sarah, who passed away at age 68.

Alice Lin, a Southern California widow, is now leveraging new laws to win her case against JPMorgan for allowing fraudulent transactions despite multiple red flags.

The elusive winner of the $1.13 billion Mega Millions drawing in March has another six months to claim the prize. The unclaimed winning ticket was sold in the Neptune Township of Monmouth County, New Jersey.

Social Security checks are generally issued starting on the second Wednesday of each month, but some payments like SSI benefits arrive much earlier.

National Public Data recently confirmed that it suffered a data breach involving Social Security numbers, names, email addresses, and phone numbers of millions of Americans.

The 22-year-old bride had already booked a destination wedding with over 200 guests, assuming her uncle would cover all marriage expenses despite the man clearly saying he would offer some help.

Michelle and Ryan diligently saved for their retirement in their 20s but are unable to control the impulsive spending that compels them to dip into their savings regularly for monthly expenses.

Americans who have saved their entire lives in retirement plans face the risk of going broke in their golden years because many deplete their funds severely through premature withdrawals and lack proper tax planning for post-retirement income.

Hewlett Packard Enterprise (HPE) faces backlash for pursuing a £3 billion lawsuit against the estate of British tech tycoon Mike Lynch, who recently died in a tragic yacht accident with his daughter, as the business community condemns the move as heartless and insensitive.

Nancy Pelosi's husband, Paul Pelosi, sold 2,000 Visa shares less than three months before the US DOJ filed a lawsuit alleging the payments giant engaged in unlawful actions that cost Americans billions of dollars in additional fees.

House lawmakers in Washington have sufficient signatures on a discharge petition to force a vote on the Social Security Fairness Act, which would repeal laws that reduce Social Security benefits for certain pensioners.

Berkshire Hathaway chairman Warren Buffett, 94, entrusted his children with the responsibility of donating his entire wealth upon his passing to charities of their choice. His new estate plans will also stop funding the Gates Foundation upon his death.

The new tax will be adjusted when Social Security recipients in these states file their federal income tax returns. However, some states are working to extend exemptions to qualifying seniors.

The woman is exploring ways to recover her money after her ex-husband exploited their joint account to transfer her business savings to his personal accounts throughout the marriage. He didn't even spare her Visa business card.

Ramit Sethi explained that the FIRE community can help people live ultra-frugal lives and retire early. However, some drawbacks in the community must be remedied to achieve financial independence goals without drastically downgrading lifestyles.