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This AI assistant bought me whey protein and booked a cabin for my birthday

This AI assistant bought me whey protein and booked a cabin for my birthday

Markets—

Here’s everything that Instinct — an invitation-only AI assistant going viral among Silicon Valley tech types — has done for me over the past few days: • Booked a cabin for my birthday and made a dinner reservation. • Ordered whey protein from Costco. • Faxed (faxed!) an obscure document to my bank…

6 Forces About to Send Your Grocery Bill Higher in 2027

6 Forces About to Send Your Grocery Bill Higher in 2027

Saving—

Your grocery bill probably feels like it finally caught its breath. Groceries rose just 2.7% over the past year — downright tame by recent standards. Enjoy it while it lasts. Because something ugly happened in the commodity markets last month, and it’s pointed straight at your shopping cart. In…

Unrealized Gains: Favorable vs. Unfavorable Tax Treatment

Unrealized Gains: Favorable vs. Unfavorable Tax Treatment

Taxes—

An investment can increase substantially in value without creating an immediate federal income tax bill. In a taxable account, gains generally aren’t taxed until the asset is sold. That tax deferral can be valuable, but when and how the gain is eventually realized can have a significant effect on…

The 25 colleges where students graduate with the most debt

The 25 colleges where students graduate with the most debt

Finance—

It’s back-to-school season — and that means that some bright-eyed college freshmen and their proud families are getting ready to shell out six figures to attend their dream schools. Tuition prices have soared in recent decades, even as Americans have grown more skeptical of the value of a four-year…

Texas Gov. Abbott Pitches 50% Property Tax Cut in Affordability Plan

Texas Gov. Abbott Pitches 50% Property Tax Cut in Affordability Plan

Saving—

LUBBOCK, Texas — Texas Gov. Greg Abbott has unveiled a campaign plan addressing several parts of the affordability debate, including property taxes, insurance, health care, higher education and electricity costs. Abbott visited Lubbock on Sept. 4 to promote the plan as recent polling showed the…

Trust 65-Day Rule: How Distributions Affect Beneficiary Taxes

Trust 65-Day Rule: How Distributions Affect Beneficiary Taxes

Taxes—

The 65-day rule can give certain trusts more flexibility when deciding when to distribute income to beneficiaries. The IRS may treat an eligible distribution made during the first 65 days of a new tax year as though it occurred in the prior year. This can potentially shift taxable income from the…