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Morgan Stanley’s office in Canary Wharf financial district on Jan. 30, 2025 in London, UK.Mike Kemp | In Pictures | Getty ImagesMorgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned.Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was limited to those with an aggressive risk tolerance and at least $1.5 million in assets who wanted crypto in a taxable brokerage account.  The move marks the…

Accounting platform Sage announced it has acquired Criterion, a human capital management (HCM) software provider. The move enables both finance and HR teams to automate, streamline, and scale operations on a single, intelligent platform. Criterion’s solution brings together Core HR, Payroll, and Talent Engagement. … Accounting solutions provider insightsoftware [sic] announced the release of its new  LeaseAccelerator, which boasts out-of-the-box functionality that simplifies the connection between lease accounting and SAP. Leveraging Process Runner from insightsoftware, this integration provides a no-code solution for transferring journal entries directly from LeaseAccelerator into SAP.  … Bloomberg Tax and Accounting has partnered with tax incentive…

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.The price surge in bitcoin helped created another 70,000 new crypto millionaires over the past year, adding hundreds of billions of dollars in potential spending to the economy, according to new studies.There are now an estimated 241,700 individuals with crypto holdings worth $1 million or more, up 40% from last year, according to Henley & Partners and New World Wealth. There are 450 crypto centimillionaires, or those with crypto…

Michael Porter Jr. #17 of the Brooklyn Nets shoots the ball during practice and media availability as part of 2025 NBA Global Games China at Venetian Arena on October 9, 2025 in Macao, China. Ryan Stetz | National Basketball Association | Getty ImagesMACAO — The National Basketball Association returns to China for the first of two Macao games on Friday, and the impact extends beyond the preseason.The weekend marks a major milestone for the NBA, as years of rebuilding its relationship with its second-largest market culminate with the Phoenix Suns and Brooklyn Nets facing off in the Venetian Arena here.…

Economist and former central banker David McWilliams doesn’t mince words about the world younger generations have inherited.”What you have here in the United States is a system rigged against the average person,” he said on the “That One Time with Adam Metwally” podcast on Tuesday.The issue is particularly acute among those starting out without wealth or time on their side.He said that Generation X and baby boomers have committed “a societal crime” against Gen Z and millennials by breaking the housing-led path to social mobility that once allowed ordinary people to build wealth.That shift, he said, has left younger generations…

Gen Z is looking for little luxuries. But those splurges look a little different compared to previous generations.For years, retail leaders and economists have talked about the “lipstick index,” which is the idea that consumers forgo large purchases in favor of small luxuries like lipstick during economic downturns. The phenomenon is generally attributed to Leonard Lauder, one of the billionaire heirs to the Estée Lauder cosmetics fortune.Gen Z has its own version of the lipstick index, according to a new PwC report that analyzed nearly a million customer transactions, including credit card and debit card transactions. Young consumers are treating…

Starbucks is all in on the protein trend, and the coffee giant is on to something with their new cold foam lineup.In late September, Starbucks launched its new variations of its popular cold foam add-on to top cold drinks. The $2 foams add 15 grams of protein and flavors like chocolate, vanilla, banana, and pumpkin to any iced drink — and they’re surprisingly tasty.I’m no stranger to protein shakes or snack bars, and the better-for-you category can be plagued by texture and taste issues, often struggling with a gritty texture or an unpleasant, lingering whey flavor on the back end.None…

This is an as-told-to conversation with Grant Hill, a junior at Brigham Young University, majoring in music and economics. He will intern at Boston Consulting Group in the summer of 2026. This conversation has been condensed and edited for clarity.When I started college, I never thought I’d end up in consulting. I was a music major playing the cello at Brigham Young University, and consulting seemed like something only economics or finance students did.That changed when I got a message from someone in BYU’s Management Consulting Association, a group for students interested in consulting. At the time, I was serving…

This as-told-to essay is based on a conversation with Hayet Yasmine Chebbi, a 26-year-old content creator and podcaster based in Montreal. It’s been edited for length and clarity.I lived in New York City for the first 24 years of my life. It was all I’d ever known, and as a kid, I thought I’d never leave.When the pandemic hit, my college went remote, I got laid off from my contract fashion job at Chanel, and I felt like the US’s response to the pandemic was inconsistent. People dream of coming to New York, but I wanted to dream somewhere else.In…

Just forgot; no trust at all; Exterior design; and other highlights of recent tax cases.Vidalia, Georgia: Business owner Jonathan Mann, who pleaded guilty in April to filing a false tax-related document for the 2018 tax year, has been sentenced to a year in prison to be followed by a year of supervised release.Mann failed to inform his tax preparer of $266,048 in income from his construction business between 2017 and 2019. Instead, Mann deposited these checks in his bank account or cashed them at the bank upon which the check was drawn.Mann’s conduct resulted in him paying $84,638 less in…