Winning the lottery can create instant wealth, but it also introduces immediate tax considerations. U.S. tax law generally treats lottery prizes as taxable income at both the federal and, in…
Custodial accounts are a common way for parents and grandparents to save or invest on behalf of a minor, but they often raise tax questions. The IRS generally treats the…
Army leaders say the modern battlefield is so saturated with sensors and networked weapons generating more data than soldiers can realistically process on their own that artificial intelligence is needed to meaningfully sort it all.For years, the Army’s focus was…
If that viral essay about AI had been printed on paper, there’s a good chance AI researcher Gary Marcus would’ve ripped it up in disgust.Marcus acknowledges something is happening in AI — just nowhere near the scale described in the…
The President’s proposal to cap credit card rates at a maximum of 10% over the next year has gotten a lot of attention in the midst of a national affordability crisis. It’s understandable. Rates are flashy, and it sounds good…
This interview is based on a conversation with Lyle Wallace, 45, a Dallas pastor. It has been edited for length and clarity.I hit 6 feet 3 inches tall as a freshman in high school and weighed around 185 pounds.Then, while playing a lot of sports like football and basketball during…
This as-told-to essay is based on a conversation with Kristan Vermeulen, the founder of Makers of the USA podcast and community. It has been edited for length and clarity.I won the United States of America Pageants’ Ms. Maine title in 2025. This was not a competition like “Miss Congeniality.” There…
Big tech earnings season was dominated by AI capex projections that stunned investors and hit the stocks of Amazon, Microsoft, and Google, aka AMG.This short-term drama makes it hard to…
My first Olympic Games in Paris were defined by swimming arenas, metro transfers, and navigating summer crowds. So, I expected my second round, the Winter Games in Milan Cortina, to…
Hollywood giants are betting that snack-sized vertical videos can lure back audiences entranced by TikTok clips and YouTube Shorts.The world has become hooked on short-form video. Reels on Instagram and Facebook are generating revenue at an annual rate of $50…
When my husband Shayne and I sold nearly everything we owned to travel the world full-time, we thought we were ready for anything. We had spreadsheets, backup plans, a carefully managed budget, and, as two adults in our 50s, decades…
2026-02-13T14:25:04.348Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become…
This as-told-to essay is based on a conversation with Amy Acton, the founder and CEO of Acton Styling Group. It has been edited for length and clarity.I’m the exclusive stylist for NBC Sports, which means I style NBC talent for…
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Finance
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The blast radius keeps widening.The Justice Department’s release of over 3 million pages of Jeffrey Epstein-related documents has led to a fresh wave of backlash for people associated with the pedophile financier, who died in jail in 2019 while awaiting…
The CEO of cybersecurity company Cato Networks believes we’re experiencing an AI bubble — but he’s still writing checks.Serial entrepreneur, Shlomo Kramer, told Business Insider…
A Ukrainian cyberwarfare division said on Thursday that it created a fake Starlink registration service to trick Russian soldiers into giving up sensitive data.The 256th…
Business & Startup
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Key takeaways An LLC has access to some small business loans that are designed specifically for funding a variety of business expenses. LLC loans can be used for many things, including working capital, covering start-up costs, equipment or inventory purchases,…
Many small business owners are betting on growth in the year ahead, even as inflation, labor shortages and economic uncertainty continue to pressure operations, a…
Markets
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Leaders at the software company Canva used to wonder whether job candidates were secretly using AI during technical interviews.By early last year, that concern gave way to a bigger question: How good are they with AI?Managers saw the company’s engineers getting…
McKinsey CEO Bob Sternfels said last month that the firm added 25,000 AI agents to its staff in less than two years.His rivals were unimpressed.”I don’t think…
When life takes an unexpected turn, some celebrities say that’s when commitment matters most.Jay Leno said he enjoys caring for his wife, Mavis, following her…
Investing
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Shutting Waymo robotaxi doors is now a potential gig for DoorDash delivery riders.The companies said in a joint statement to Business Insider on Thursday that this was part of a pilot program Waymo is running in Atlanta.The statement said that…
Rivian CEO RJ Scaringe said self-driving capabilities will be a “must-have” in a car in the “very near future.”Speaking on a “No Priors” podcast interview, released on Thursday, Scaringe talked about how autonomous cars would become the norm by the…
Dario Amodei has a novel analogy to describe how AI and humans are working together.On an episode of the “Interesting Times with Ross Douthat” podcast published on Thursday, the Anthropic CEO compared human engineers and AI working together to the…
At 80, Ernie Hudson still works out regularly — and it’s all part of his longevity journey.In an interview with Men’s Health published on Wednesday, the “Ghostbusters” actor said he sees regular exercise as a way for him to live…
Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets you exclude some of the profit from capital gains tax when selling your primary residence, as long as you meet…
Scientists and business leaders are responding to a viral essay warning of AI’s impact on jobs with a mix of agreement and skepticism.The essay, titled “Something Big is Coming,” written by cofounder and CEO of OthersideAI, Matt Shumer, has racked…
While taxable income and adjusted gross income (AGI) might sound similar, they refer to different stages of your income after certain deductions and adjustments have been applied. AGI starts with your gross income and subtracts specific adjustments, such as retirement…
Goldman Sachs’ top lawyer is leaving the firm, after more documents from the Department of Justice’s files on Jeffrey Epstein shed further light on the attorney’s relationship with the convicted sex offender.Kathy Ruemmler, previously a top attorney at Latham &…
Paying for college can feel overwhelming, but smart tax planning can make a real difference. The IRS offers several education tax incentives to help students and families cut costs, lower their tax bill and even get a refund. Whether you…
It’s been over a year since Rebecca Yarros released “Onyx Storm,” and fans are growing increasingly desperate for dragon rider Violet Sorrengail’s story to continue.”Onyx Storm” was the third book in Yarros’ “Empyrean” series, following “Fourth Wing” and “Iron Flame.”…
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Filing taxes can feel overwhelming, but one of the most important decisions you’ll make is also one of the simplest: whether to take the standard deduction. For single filers, this…
Retiring early with a 401(k) requires understanding how to access funds before the standard retirement age without triggering heavy penalties. This involves leveraging strategies like Rule 72(t) withdrawals, the Rule…
Have you jestermaxxed recently? Have you or someone you know been frame-mogged by an ASU fraternity leader? Did it cause your cortisol levels to spike?If you’ve been spending too much…
2026-02-12T23:50:18.989Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app…
Turning 65 doesn’t just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra standard deduction. This deduction can lower taxable income…
While federal taxes apply uniformly, the way states tax 401(k) withdrawals can vary widely. Some states fully tax 401(k) distributions, while others provide deductions or exclude retirement income altogether. These differences can influence how much of your savings you keep and may even factor…
