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While much has been made about the wealth that millennials and Gen Z will inherit in the coming years, there is another generation which has been mostly overlooked. The bulk of the so-called $84 trillion 'Great Wealth Transfer' which is due to take place over the next two decades, will be among the wealthiest families. Some 68 percent of the wealth transferred between 2020 and 2045 will come from US households with at least $1 million in investable assets. Only 6.9 percent of households in the US have this kind of wealth to begin with.

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Dave passed away on December 31, 2023. He did not have a will and had not gotten around to updating his life insurance policy, which still had his ex-girlfriend listed as primary beneficiary.

A century old hot dog joint that shut down during the pandemic has announced it will be reopening its doors - to the delight of its many, many fans. The restaurant is famous for hot dogs with meat sauce.

Warren Buffett has produced astonishing returns for his investors over the years. But his biggest purchase last quarter wasn't obvious in his portfolio.

New analysis from SmartAsset lays bare how stubborn inflation and rising costs are eroding families' purchasing power across the country.

Starbucks is finally tackling one of its customers top bugbears - but experts are warning that it is unlikely to lure back lapsed patrons.

A clothing retailer that used to heavily cater to svelte white teens has seen a meteoric stock rise in the last year thanks to strategic changes and new leadership. Its stock has skyrocketed over 400 percent in the last year, far outpacing Wall Street's tech darling Nvidia, which had 210 percent yearly stock growth.

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Retirement accounts are an important part of the financial assets many Americans plan to pass on to family. But constantly changing rules mean that many people are confused about what is required of them if they inherit a 401(K) or an IRA. The regulations around inheriting a retirement account are complex, and depend on the type of plan and the relationship between the beneficiary and the original owner. But it is crucial to understand these rules in order to avoid a shock tax bill, experts warn.

Millions of older Americans are facing a financial challenge which could threaten their retirement plans - outstanding student loan debt.

Margaret Losinger, 68, is set to inherit nearly $1 million from her ex-boyfriend's retirement plan, but the deceased man's brothers are contesting the claim.

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A 401(K) is a valuable vehicle for workers to build up a nest egg for retirement. But Americans should not put all their savings in their workplace plan, according to a financial planner.

So-called 'zombie mortgages' are coming back to life across the US as home prices rise, experts are warning. In the run up to the housing crash in 2008, millions of Americans took out second mortgages on their homes that they then defaulted on during the crisis. Lenders didn't pursue foreclosure because the home price crash made it unlikely they would recoup the money. Homeowners often assumed the debt was cancelled.  

A little-known element of the insurance industry is pushing up homeowner premiums, consumer advocates are warning. The cost of reinsurance has boomed in recent years, and now the higher prices are trickling down to regular Americans - making their coverage increasingly unaffordable. Reinsurance is effectively the insurance taken out by insurers. It transfers on some of the risk so that no company has too much exposure to a large event or disaster. While considered an arcane part of the product of insurance, it is beginning to get a lot of attention.

Home prices are falling in four former hotspots, as near-record housing costs push homebuyers away.

Buying a home has become increasingly more expensive over the past two decades - especially in the United States.

Americans battling the crippling cost of living crisis are fleeing to the South to more affordable states where there are favorable tax rates.

Kirsten Jordan, who was the first female broker to be cast on Bravo's Million Dollar Listing New York, said that some overvalued markets are due a 'correction.'

Real estate marketplace Realtor.com hunted down 10 US cities where budding homeowners can still find properties within a more affordable price range.

The proportion of single-family homes being built for rent has doubled in two years as corporates eye up those who have had enough of paying a mortgage

Harry Dent claimed last December that an 'everything' bubble would burst prompting the 'biggest crash in our lifetimes' with the effects felt by May. 'If I'm right, it is going to be the biggest crash of our lifetime, most of it happening in 2024,' he previously said. But he was accused of being 'crazy' and scaremongering with his chilling predictions by critics. He stands by his claims but admitted market bottoms are now more likely to be seen between early and mid-2025.

Wall Street bankers are plotting a new national stock exchange in Texas - promising lighter regulation than in New York.

With six months to go until the presidential election, hidden within the stock market may be clues as to who will occupy the White House come January.

The Wells Fargo Investment Institute warns that the strong rally in US stocks in the first half of the year isn't sustainable. The S&P; 500 rose nearly 13% to 5,375 by mid-June.

Hundreds of thousands of pet owners have been left without coverage after Nationwide abruptly canceled pet insurance policies earlier this month. The company announced it was dropping policies for around 100,000 pets - blaming the soaring cost of veterinary care and recent underwriting changes. In a statement on June 14, it said the policies would be dropped between now and next summer. But Nationwide stressed the non-renewals are not associated with the pets' age, breed or prior claims history.

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Temperatures are already rising across the US - and all signs point towards the summer of 2024 being the hottest on record. Here is how you can keep your home cool.

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A former call center agent at MOHELA has opened up about the 'atrocious' work environment at the student loan servicer, as it comes under fire for its handling of millions of borrower accounts.

McDonald's was aiming to speed up service, simplify operations and create an improved experience for customers.

The cost of keeping cool this summer will be as much as 12 percent higher in some areas of the US compared to last year - as Americans face brutal heatwaves.

An iconic American brand known the world over is closing its last US factory - to take advantage of cheaper wages in Mexico.

Customers of an online shopping giant will no longer be able to use American Express cards to pay for purchases from this summer.

Crooks are posing ANOTHER threat to EV take-up in America

Thieves are targeting charging stations and stealing the cables, which can disable entire stations, forcing owners to search desperately for another working charger. So-called 'range anxiety' and fears around finding a charging station have long put Americans off switching to an EV from a gas car - despite tax credits brought in by the Biden administration. Around four in 10 US adults say they believe EVs take too long to charge or they do not know of any charging stations nearby, the Associated Press reported. And now broken down chargers are exacerbating the problem - giving skeptical buyers one more reason to stick with gas cars for now.

More electric vehicles could be eligible for federal tax credits worth up to $7,500 under a sweeping loosening of rules by the White House.

Formed in 1941 to supply vehicles to the American army, an automaker renowned for its rugged off-road vehicles that guzzle gas has unveiled its first electric car.

For years they have been sold to motorists as a glimpse into the future. But is the EV revolution over before it ever really began?

A family of four visiting the high-end ski resort for seven days would spend almost $14,000 on average. Travel expert OptimosTravel curated a list of the most - and least - expensive vacation destinations in the US. It took into account the cost of food, transport, accommodation and attraction fees in 100 of the most popular holiday destinations in the country.

Delta Air Lines will offer its premium economy service on flights between Los Angeles and New York City from September, the airline has announced.

More bad news for customers of Southwest Airlines - a major perk faces the ax and could see passngers paying an extra $100 per flight.

The popular airline has quietly increased fees for flyers who want to secure better seats.

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