Rich entrepreneurs looking to cash out can save big on taxes by gifting stock to their parents and getting it back when they die

Tech Insider
Closeup low angle view of mid 60's man and his son enjoying summer holiday on a sailboat. They are sitting on the deck, looking at the distance, talking and laughing.
Upstream planning allows the rich to save on taxes while keeping assets in the family.

gilaxia

Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide

Tech Insider
bernard arnault
LVMH CEO Bernard Arnault took a hit to his fortune as luxury stocks tanked on Tuesday.

Reuters

China's stimulus package might not be enough to fix its economy, but it sent stock markets 8.5% higher — a gain not seen since 2008

Tech Insider : Economy, Economy
A middle-age Chinese woman in front of a stock ticker board in China.
On Monday, mainland China's benchmark CSI 300 posted its biggest gain since 2008.

Costfoto/NurPhoto/Getty Images

Americans who locked in a job, home, and stocks are thriving. Everyone else missed out on their ticket to wealth.

Tech Insider : Economy, Economy
Madelyn Driver, Tiffany Bell, Roland Hesmondhalgh
Madelyn Driver (left), Tiffany Bell (center), and Roland Hesmondhalgh (right) have encountered various challenges on their journeys to wealth creation.

Madelyn Driver, Tiffany Bell, Roland Hesmondhalgh

Tim Walz doesn't own any stocks: What to know about Kamala Harris' running mate's personal finances

Tech Insider : Politics
Gov. Tim Walz of Minnesota
Gov. Tim Walz's financial disclosures reveal a man of fairly modest means.

Matthew Hatcher/AFP via Getty Images

How the market meltdown could hurt Kamala Harris' campaign

Tech Insider : Politics

The August stock market plunge has investors prepping for a recession and Democrats hoping it doesn't hurt Kamala Harris' economy-focused campaign.

Read the original article on Business Insider

Trump is weaponizing the stock downturn to attack Kamala Harris

Tech Insider : Politics
Former President Donald Trump and Vice President Kamala Harris.
Trump labeled the Monday stock downturn as the "Kamala crash."

Spencer Platt and Brandon Bell/Getty Images

The Senate has a new plan to ban congressional stock trading. Here's what's in it.

Tech Insider : Politics
Sens. Jeff Merkley, Josh Hawley, and Jon Ossoff
Sens. Jeff Merkley, Josh Hawley, and Jon Ossoff came together with a new plan to ban lawmakers from trading stocks.

Bonnie Cash/AP Images; Tom Williams/CQ-Roll Call via Getty Images

Truth Social Stock Jumps Following Assassination Attempt on Trump

Gizmodo

Airlines got too confident, and now they are paying the price despite record-breaking travel

Tech Insider : Travel
American Airlines and Southwest Airlines planed lines at gates at an airport.
Southwest and American have recently announced profit outlook adjustments despite travel booming.

Smith Collection/Gado/Getty Images

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