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Group of people sitting at a conference table during a late evening meeting and talking.Vm | E+ | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Wealthy investors are pouring billions into a new tax-saving strategy despite potential risks, according to investment experts.Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion from $2 billion in 2022, according to Tax Alpha Insider. The strategies seek to track…

“Follow your passion” has become one of the most repeated pieces of career advice. But Bill Burnett and Dave Evans, Stanford professors and the authors of ‘Designing Your Life,’ think it can send people in the wrong direction.”It’s probably the worst advice you can give somebody,” Burnett said during a live recording of the “Prof G Podcast” with Scott Galloway released on Thursday.The issue, he said, is that many people don’t have a single, obvious passion to follow. Citing research by fellow Stanford scholar Bill Damon, Burnett said: “Less than 20% of people have a singular identifiable passion.”For everyone else,…

A reporter asked President Donald Trump why he needed to incentivize voters with a $5,000 check if his economic policies were working, and it seemed to strike a nerve.On Wednesday, Trump told the Republican Party’s midterm convention that every US citizen would receive a $5,000 “Trump dividend” if Republicans retain control of both chambers of Congress in November’s midterms.The proposal could cost upward of $1.3 trillion if every US citizen received the payment, though Vice President JD Vance later said wealthy people would be excluded. Joe Lonsdale, the cofounder of Palantir, was among the critics of the pledge and said the payment would be…

People wait in a security line at John F. Kennedy International Airport on Aug. 12, 2026, in the Queens borough of New York.Spencer Platt | Getty ImagesThe Sept. 11, 2001, terror attacks reshaped how we travel, from how we pack our toiletries to what we wear when we fly. Airport checkpoints for almost a quarter century for most travelers have meant shoes off. Limitations on liquids. And no tearful, cinematic gateside farewells or joyful welcomes.But 25 years later, the U.S. government is starting to ease some of the restrictions, which include measures that were tied to other attacks attempted in…

It’s been 25 years since the September 11, 2001, terrorist attacks.For many people, the attacks were the biggest news story of their lifetime. Almost all who experienced it can remember where they were when they heard what had happened.Many people who remember that day also recall the following morning, when newspapers around the world captured the horror, shock, and sadness people felt.The Newseum, once a museum in Washington, DC, that chronicled the history of media, archived more than 100 newspapers from September 12, 2001, the day after the attacks.The front pages of US newspapers, bearing headlines like “ACT OF WAR”…

The midterm elections are less than two months away, and President Trump is kicking his affordability agenda into overdrive.His latest plan to give every adult American a $5,000 “Trump dividend” came with a big catch: people will only get it if Republicans retain control of Congress. It was an unusually explicit bargain proposal, even for Trump.In a way, the announcement was well-timed. Americans are hyper-aware of how much things cost right now. Iran-war inflation is being felt all across the economy, especially at the gas pump.But the proposal also turns a blind eye to the heavy government spending and ballooning…

Acing an interview — like any corporate challenge — often comes down to how well you can read others.Pamela Meyer, the CEO of Calibrate, Inc., trains organizations in fraud detection, insider-threat mitigation, and security awareness. In her new book, “How to Read the Room,” she explores how social awareness shapes leadership, negotiations, and decision-making.Learning to read others isn’t just a skill for leaders, says Meyer, a certified fraud examiner. It can help candidates make it to the next round of interviews.”Reading the room is, it turns out, a foundational skill,” Meyer told Business Insider, adding that it’s “entirely teachable.”Meyer writes…

Get better at: Setting boundariesToday’s moveDon’t say ‘”yes” to more work just because you’re asked, especially if your plate is full and you could compromise your other work.If you’re given a shorter-term ask and you have another fast-approaching deadline, tell your manager that you’d be happy to take on the additional project but in order to do it well, you’d need to deprioritize something else.Ask them what they would like you to focus on.Why it worksInstead of refusing the work, you’re communicating your current workload and asking them to verbalize what should be prioritized. This provides your manager with the…

I spent almost 13 years building a life in the United States, and then I had 60 days to pack up and leave it all behind.I was raised in Kolkata and never lived anywhere else until 19. I’d never visited the US as a child, but felt oddly close to it — my aunt and uncle, both professors, lived in Spokane, Washington, and my aunt’s stories made me curious about American life long before I saw it myself.I started working at 17 out of necessity, kept working while pursuing my bachelor’s degree in business administration at Calcutta University, and after…

Observers film ICE agents in Minneapolis in February. A new lawsuit alleges that the federal government is trying to intimidate observers who monitor immigration enforcement operations. Stephen Maturen/Getty Images hide caption toggle caption Stephen Maturen/Getty Images For months, Minneapolis resident Michael Khalili drove around the Twin Cities area observing and documenting the activities of federal immigration officers after they swarmed his city last winter as part of an unprecedented surge. He points out that when federal immigration officers fatally shot fellow Minneapolis observer Alex Pretti in January, it was bystander videos that debunked inaccurate information Trump administration officials were spreading…