They also want to make sure they can help their parents when the time comes.

Justice Clarence Thomas, writing for a 7-2 court, said that Congress has wide discretion in structuring the way federal agencies are funded.

The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.

Unconscious beliefs and emotions can mess up how people handle their finances. The hard part is finding experts qualified to handle both money and the mind.

Insurance giant AIG has struck a deal to sell a stake in its majority-owned life-and-retirement arm Corebridge Financial to Japan’s Nippon Life Insurance for $3.8 billion.

Problems in the plumbing of the financial system were costly for investors in 2021, and a planned upgrade still isn’t complete.

Don’t rule out a surprise rate cut this summer as signs of an economic slowdown are piling up.

Shares of Chinese property developers surged on rising expectations that government entities in China are helping buy up excess housing in a bid to revive the struggling real-estate sector.

Nippon Life Insurance, the largest insurer in Japan by asset size, is planning to invest more in foreign credit markets, looking to diversify its portfolio even as key domestic yields hover at decade highs.

The Omaha, Neb., company began building a secret stock position in the second half of 2023.

The insurance giant is paying about $100 million to acquire a 40% stake in Tree Line Capital Partners.

The three leading U.S. indexes all finish day at all-time highs.

The Journal has put together a price tracker of common items that many Americans buy monthly to see the direction of prices that matter to you.

A study finds that people who have two majors have more stable earnings.

Mike Ringler and Peter Jones are joining the law firm as partners in Palo Alto, Calif.

Rising prices require bigger withdrawals from retirement savings.

The outlook for higher electricity demand is lifting share prices to new heights at Vistra, NRG and Constellation Energy.

Adding generative AI to search and Android shows the tech giant’s distribution muscle while lessening risk to key businesses.

Japan’s carmakers have been churning out record profits thanks to the weak yen and strong hybrid sales, creating a war chest for electric-vehicle investments.