Author: Editor

The sale of millions of acres of federal land would provide billions of dollars to help pay for President Donald Trump’s massive package of tax cuts and spending in the Senate’s version of the bill released Wednesday night. As much as around 3 million acres of land owned by the Bureau of Land Management and the U.S. Forest Service would be mandated for sale in the legislation. The measure, which requires each agency to sell a small percentage of the hundreds of millions of acres of land they manage in eligible states that include Alaska as well as western states, could…

Key PointsAbout two-thirds of the private investment firms of the ultra-wealthy report challenges hiring and retaining key staff, according to a new survey.There is a shrinking pool of talent, and many employees don’t see long-term career potentials at family offices.Here’s what family offices can do to compete in the talent war.A 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. Investment firms of the ultra-wealthy spend as much as 72% of their budgets on C-level staff,…

A Boeing Dreamliner plane with 242 people aboard crashed moments after takeoff from Ahmedabad in western India, local officials and the carrier said Thursday.Air India Flight 171 was flying out of Ahmedabad bound for London Gatwick Airport when it was “involved in a tragic accident today,” Air India Chairman N Chandrasekaran said.A view shows the rear of an Air India plane following its crash, in Ahmedabad, India, June 12, 2025. Central Industrial Security Forc | Via ReutersThe flight was operated by a Boeing 787 Dreamliner, a top-selling wide-body aircraft meant for longer routes. The aircraft was delivered to Air India…