My relative inherited money in her 80s. Will it affect her Social Security taxes or Medicare premiums?

Howden Group, the London-based insurance broker that’s chasing an initial public offering by 2030, is in talks to raise several billion pounds in new private capital as it seeks to maintain its breakneck expansion. The group, which is already backed by Hg, General Atlantic and Canada’s La Caisse, is working with bankers at Morgan Stanley…

When U.S. allies like Canada and France grumble about overuse of the U.S. dollar, and as Washington’s rivals like Iran start trading in cryptocurrencies and the Chinese yuan, it can be easy to argue that the world is edging away from the greenback. The U.S. dollar’s share of global foreign exchange reserves has fallen from…

A federal judge ruled that President Donald Trump’s lawsuit against the Internal Revenue Service was a “bad faith” attempt to manipulate the judicial process and barred him and his administration from citing its supposed settlement in any future regulatory or judicial proceedings.  Processing Content Monday’s 56-page decision by U.S. District Judge Kathleen Williams in Miami…

As sports become an even bigger engine of economic growth, the defining challenge isn’t identifying tomorrow’s fans; it’s recognizing that many of them are already filling stadiums, attending World Cup watch parties, and participating in digital communities. On this episode of The McKinsey Podcast, McKinsey Senior Partner Lucy Pérez joins Editorial Director Roberta Fusaro to…

“When I pass, all my retirement income is reduced to $30,000 a year.”

The latest implementation of a shifting retail strategy was the spark that lit the fuse under Verizon Communications (VZ +2.37%) stock on Thursday. Cheered by the move, investors pushed the big telecom’s stock up by more than 2%, on a day when the S&P 500 index only ticked up by 0.4%. Franchises on the rise…