
President Biden proposes eliminating a loophole that allows wealthy people to pass assets tax free to their children but Republican lawmakers say it will hit middle class Americans.

Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?

(Bloomberg) -- International Business Machines Corp. President Jim Whitehurst is stepping down after three years at the century-old technology company. The shares fell the most in five months.The departure marks one of the first major corporate reshuffles under Chief Executive Officer Arvind Krishna, who took the helm last year and has moved quickly to reshape IBM and return it to growth. Whitehurst, 53, is the former CEO of Red Hat Inc., which IBM announced it was acquiring in 2018 in a $33 bil

You might want to hold off on that, said Kristian Finfrock, founder and financial adviser at Retirement Income Strategies. “Although I don’t want her to deplete her savings, I prefer it over the retirement account loan, which has far-reaching consequences in my opinion.” You didn’t specify what type of retirement account you have at work, but if it’s a 401(k), there are a few rules you should know.
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