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☆ Alberto Fujimori, ex-Peruvian president convicted of human rights abuses, dies at 86
▼ + stars: | 2024-09-12 | by ( The Associated Press | ) www.nbcnews.com time to read: +8 min

His daughter said in July that he was planning to run for Peru’s presidency for the fourth time in 2026. The former university president and mathematics professor was the consummate political outsider when he emerged from obscurity to win Peru’s 1990 election over writer Mario Vargas Llosa. He had hoped to run for Peru’s presidency in 2006, but instead wound up in court facing charges of abuse of power. He became the first former president in the world to be tried and convicted in his own country for human rights violations. “After a long battle with cancer, our father, Alberto Fujimori, has just departed to meet the Lord,” she said on X Wednesday.

Persons: Peru — Alberto Fujimori, Keiko Fujimori, Fujimori, Mario Vargas Llosa, elbowing, Vladimiro Montesinos, Keiko, “, Alberto Fujimori, ”, ” Fujimori’s, Susana Higuchi, Kenji, Vargas Llosa, El, Abimael Guzmán, didn’t, Pablo Kuczynski Organizations: Peru’s, University of Wisconsin, Agricultural University Locations: LIMA, Peru, Lima, Japan, Chile, ”, France, United States, Privatizing, El chino, Ecuador, Fujimori, Peru’s

☆ 'Nothing is going to change.' Why Wall Street insiders are casting doubt on new policies to protect junior investment bankers from burnout.
▼ + stars: | 2024-09-12 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +8 min

Two of Wall Street's biggest banks are adopting new policies to mitigate overwork and burnout for their junior investment bankers. Bank of America will use a new tool to better track working hours for junior bankers, the Journal report said, and flag HR when those go above 80. But the nature of investment banking work makes it hard to believe that such guardrails will stand the test of time. He completed an internship at an investment bank in New York last summer and accepted a return offer to start full time in 2025. If senior banking staff don't unilaterally enforce the cap and take it seriously, junior bankers can feel pressure to let the rules slide for the sake of the team and their own careers.

Persons: Leo Lukenas III, Lukenas, Jamie Dimon, JPMorgan Chase, we've, they're, Moritz Erhardt, —, We've Organizations: Service, Industry, JPMorgan, Street, Bank of America, Business, Bank of, Green Beret, of America Locations: New York, London

☆ A tech leader at Accenture shares how AI and cloud tools in the public sector can evolve with regulation: 'It's still the Wild West'
▼ + stars: | 2024-09-12 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +9 min

Greiner opened up about the evolution of cloud technology and generative AI in the public sector. What's the current demand for AI, particularly generative AI, in the public sector? Cloud went through a similar process, and I think lessons were learned that are now applied to generative AI. Can you provide examples of how generative AI is deployed in the public sector? Are general attitudes toward generative AI receptive or cautious in the public sector?

Persons: Tom Greiner, Accenture's, Greiner, —, we've, they've, there's, We've, Cloud, it's Organizations: Service, Accenture, Department of Homeland Security, Business, Data, National Institute of Standards, Technology, It's, NIST, Excellence, District of Columbia Department of Health, Amazon Web Locations: Europe, United States, Germany

☆ Boeing faces strike threat as workers vote on new contract
▼ + stars: | 2024-09-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing workers are voting on a new labor contract on Thursday, setting up the potential for a crippling strike if staff members decide to reject the deal just as the plane maker is trying to ramp up its production. "I know the reaction to our tentative agreement with the IAM has been passionate," he wrote in his staff note. The union, which represents about 33,000 Boeing factory workers in the Seattle area and in Oregon had sought some 40% pay raises from Boeing. But the 25% increase would be in line with the United Auto Workers' deal last year that followed strikes at Ford , General Motors and Chrysler parent Stellantis. If approved, the Boeing deal would follow a series of union-negotiated pay increases across industries ranging from Hollywood to airlines.

Persons: Kelly Ortberg, Jon Holden Organizations: Boeing, International Association of Machinists, Aerospace Workers, IAM, United Auto Workers, Ford, General Motors, Chrysler Locations: Seattle, Renton , Washington, Everett , Washington, Ortberg, Oregon, Hollywood

☆ Your old Facebook and Instagram posts were probably used to train Meta's AI. You can't opt-out as an American, but you can do this instead.
▼ + stars: | 2024-09-12 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

While users in the European Union can opt out of having their data used to train Meta's AI models, such an option doesn't exist in the US or Australia. The section on generative AI from Meta's privacy center says, "We use public posts and comments on Facebook and Instagram to train generative AI models for these features and for the open-source community. Meta says setting your audience to something besides "public" will keep your data from being used to train its AI models. Likewise, Meta says it may use your interactions with AI features, such as "messages to AI chats, questions you ask and images you ask Meta AI to imagine for you." AI competitors like Google and OpenAI have already made deals with many news publishers for training data.

Persons: —, It's, Melinda Claybaugh, Meta execs, Chris Cox, Instagram Organizations: Service, Meta, Facebook, Business, European Union, Bloomberg's Tech, Google Locations: Australia, European

☆ Jensen Huang's 14-hour days and workaholic lifestyle helped him turn Nvidia into an AI powerhouse
▼ + stars: | 2024-09-12 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +6 min

He told last year's New York Times DealBook Summit: "I don't wake up proud and confident — I wake up worried and concerned." That's because Nvidia almost went bankrupt in the late 1990s — a memory he says is hard to shake off. Huang works holidays but finds it relaxingNvidia CEO Jensen Huang. On the "20VC" podcast in March, Tangen said Huang told him, "'Nicolai, there is hard work and then there's insanely hard work.'" When I'm not working, I'm thinking about working, and when I'm working, I'm working.

Persons: —, Jensen Huang, Huang, Mohd Rasfan, Huang doesn't, Nicolai Tangen, Tangen, Nicolai, I'm, David Solomon, Goldman Sachs, Huang's, Michael M, That's Organizations: Service, Nvidia, Financial Times, Business, New York Times DealBook, Microsoft, Apple, Getty, Norges Bank Investment Management, Technology Conference, Stripe's Sessions, Big Tech, CNN, Forbes, Stripe Sessions, Stanford School of Business, Stanford University Locations: AFP

☆ Why we started a position tied to housing and where we see this stock going
▼ + stars: | 2024-09-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

We started buying Home Depot shares last week as a play on housing and interest rates. Our Home Depot investment thesis is all about a pickup in housing turnover, the main driver of the home improvement retailer's sales. When rates went below 6.5% toward the end of last year, he explained, there was an immediate increase in housing activity, mortgage applications, and mortgage refinance applications. Mortgage rates with a 5% handle could be on the horizon, at least that's what Toll Brothers CEO Doug Yearley thinks. With these numbers, it's easy to see why Decker is optimistic that activity will normalize, and housing turnover and remodel activity will pick-up again.

Persons: Ted Decker, Doug Yearley, Yearley, Decker, Lowe's, Jim Cramer's, Jim Cramer, Jim Organizations: Home Depot, Dow, Depot, Toll, Home, Management, CNBC

☆ Boeing faces strike threat as union members vote on tentative labor deal today
▼ + stars: | 2024-09-12 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

Among other benefits increases, the contract would increase union members’ pay by last least 25% over four years. Union members have launched a series of protests this week outside of Boeing plants and may ultimately reject the new contract union leaders negotiated with Boeing management. The deal will be officially approved if more than 50% of the members vote in favor of the tentative agreement. That would prevent a strike, no matter how many workers vote to strike. If just more than a third of members vote against a strike, then the contract takes effect, no matter the results of the ratification vote.

Persons: we’ve, Kelly Ortberg, Jon Holden, ” Holden, Ortberg, “, ”, Holden Organizations: New, New York CNN —, Boeing, Union, Alaska Airlines, International Association of Machinists, IAM, The Seattle Times, CNN Locations: New York, Oregon, Seattle, What’s, Washington

☆ On this island in Italy, people often live to 100—here are 4 of their key habits for a long, happy life
▼ + stars: | 2024-09-12 | by ( Raeleen D'Agostino Mautner | ) www.cnbc.com time to read: +5 min

They comprise what's called a "Blue Zone," an area of the world where people tend to live exceptionally long lives. Longevity researcher Dr. Giovanni Mario Pes and his colleagues discovered that happy, productive centenarians were not outliers in this part of Sardinia. Here are some practices that may be linked to their exceptional longevity — and may help the rest of us live longer, healthier lives. Sardinians 'eat fresh, home-cooked meals'You won't find most elders in this Blue Zone chomping on a fast-food hamburger with one hand on a steering wheel. There are no additives or preservatives when they make their own pasta or bread, like pistoccu bread or su coccoi sourdough bread.

Persons: I've, Giovanni Mario Pes Organizations: Pes, Research Locations: Sardinia, Seulo

☆ I've been an elementary school teacher for 14 years. I would die for my students, but I don't want to.
▼ + stars: | 2024-09-12 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

As a teacher of 14 years, I just can't believe school shootings have become so normalized. AdvertisementI remember running drills for both shelters and lockdowns, but the children and I didn't feel scared when doing them. Threats feel much more real nowAfter three years of teaching at that school, I spent years teaching in Chicago and New York City. Related storiesWe've heard about shootings consistently enough to make them feel like it could actually happen in our school. If nothing is going to change, drills are our only option as teachers to keep ourselves and our students safe.

Persons: —, crouch, we'll, we're, they're, Maresco, they'll, I'd, I'm, I've, hasn't Organizations: Service, Business Locations: Montgomery County , Maryland, You'd, Chicago, New York City, Montgomery County

☆ OpenAI is showing that the AI race is survival of the richest
▼ + stars: | 2024-09-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

It's also a sign of just how expensive the business of training and running AI models is getting. AdvertisementGenerative AI is a cash-guzzlerStartups like OpenAI need to raise huge amounts of capital to build smarter AI models. Just look at the spending of Big Tech firms working to improve their AI models. Consolidation has struck the AI industry in recent months, as some top startups trying to build AI models have been gutted. AI startups serious about progressing on LLMs will need to figure out the answer to this pretty quickly.

Persons: —, Elon, Sam Altman, ChatGPT, It's, Justin Sullivan, OpenAI, Dario Amodei, Anthropic, Pretty, Amodei's Anthropic, Dario Amodei's Anthropic, Noam Shazeer —, Ben Bergman, Sri Muppidi, it's, Elad Gil, Gil Organizations: Service, Bloomberg, Business, SpaceX, Getty, Microsoft, Big Tech, Street, Nvidia, Apple, Amazon, Samsung, Google Locations: OpenAI, aren't

☆ UniCredit's Andrea Orcel plays a bold hand, with Commerzbank in his sights
▼ + stars: | 2024-09-12 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

UniCredit 's CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards. UniCredit faces a number of hurdles before increasing its stake after filing a request to "potentially exceed 9.9% of Commerzbank if and when necessary." Commerzbank shares soared on Wednesday when news of UniCredit's position was announced, and compounded gains on Thursday following speculation of an imminent takeover. Whispers cooled in January, however, when Deutsche Bank CEO Christian Sewing said that merger and acquisition activity was not a priority for the group at the time. A UniCredit takeover of Commerzbank would emerge as a rare, if long-awaited, instance of consolidation among Europe's banking titans.

Persons: UniCredit, Andrea Orcel, Orcel, it's, Deutsche Bank CEO Christian Sewing Organizations: Bloomberg, HypoVereinsbank, Alpha Bank, Hellenic Financial Stability, Deutsche Bank, Deutsche Bank CEO Christian, Commerzbank, titans Locations: Commerzbank, Germany, Munich

☆ The biggest red flag in a job interview, according to hiring expert of 20 years
▼ + stars: | 2024-09-12 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Like a lot of hiring managers, Adriane Schwager likes to ask candidates about times in their career they've made a mistake. Usually, it's to get an idea of how you handle stressful situations and how you learn from previous errors. For Schwager, the CEO and co-founder of the hiring platform GrowthAssistant with 20 years of recruiting experience, the answer can uncover a big red flag: whether the person has low ownership of their work. Take an example where someone forgot to send something important to accounting, and it cost the business $250,000, she says. Sometimes, she can also tell whether a candidate has low ownership based on how they describe why they left their previous job.

Persons: Adriane Schwager, they've, Schwager Organizations: CNBC

San Salvador, El Salvador CNN —For decades, life choices were bleak for many in El Salvador: Leave or die. El Salvador, once synonymous with violence and waves of emigration, saw a dramatic drop in crime. We are not stupid.”Villatoro’s words echo the brutal reality El Salvador has faced for years. Unlike in places like Cuba or China, where residents can seem nervous to criticize repressive regimes, in El Salvador the optimism appears real. Evelio Contreras/CNNTeresa Lilian Gutierrez is caught in the middle, and her experience shows the many complexities of life in El Salvador today.

Persons: Nayib Bukele, Victor Bolaños, Blanca, “, ” Victor, ” Blanca, Evelio Contreras, Bukele, Victor, Diego Morales, ”, El, ” Diego, Salvadorans, Diego, Jairo, “ We’ve, … it’s, ” Jairo, ‘, El Salvador, —, Cecot, Gustavo Villatoro, they’ll, Bukele’s, Donald Trump, ” Trump, ” Villatoro, Juan Carlos Cornejo, Juan Carlos, Socorro Jurídico, Juan Carlos ’, Critics, CNN Teresa Lilian Gutierrez, San Salvador . “, “ He’s, …, they’re, René Merino, Merino, Blanca Bolaños Organizations: San Salvador , El, San Salvador , El Salvador CNN —, New, New York City, CNN, El, Central, Rights Watch, Northern, Customs, Border Protection, World Bank, Houston, La Libertad, Barrio, El Salvador Presidency Central, ”, Republican National Convention, Salvadoran, Officials Locations: San Salvador ,, San Salvador , El Salvador, El Salvador, New York, Denver, San Salvador, Central American, Central America, Honduras, Guatemala, El, Houston, Florida, Austin, Hawaii, Tamanique, Salvadoran, United States of America, Santa Ana, “, Socorro, Cuba, China, La Campanera, San Salvador ., Mariona, America, Bukele

☆ Fear and frustration in Ohio city as political debate seizes on growing Haitian population
▼ + stars: | 2024-09-12 | by ( Caitlin Stephen Hu | Omar Jimenez | ) edition.cnn.com time to read: +9 min

“I’m always working at the restaurant,” she told CNN. A: YES, Haitian immigrants are here legally, under the Immigration Parole Program. Later, taking stock of his new life and the politicization of Springfield’s Haitian community, Dorsainvil shrugged, seeing little choice in the matter. Several other people in Springfield told CNN they were dismayed by the rhetoric and racism that they felt had been stirred up in the city for political purposes. However, they are not allowed, nor have they ever been allowed, to mention Aiden Clark from Springfield, Ohio,” the father, Nathan Clark, said.

Persons: CNN — Rose, Rosena Jean Louis, “ I’m, “, ’ ”, Romane Pierre, Donald Trump, Sen, JD Vance, Mike DeWine, ” DeWine, Vance, Sherrod Brown of, Tim Scott of, Bryan Heck, she’s, Biden, Vilbrun, ”, Dorsainvil, Republicans don’t, Amy Cox, X, ” Clark’s, Aiden Clark, Nathan Clark, We’ve, Viles, ” “ Organizations: CNN, Local, Republican, Gov, CBS, “, of Homeland Security, TPS, Sens, Trump, Amazon, Republicans, ”, Haitian Locations: Springfield , Ohio, Springfield, Rue, Canton , Ohio, Springfield’s, Clark County, Haiti, Sherrod Brown of Ohio, Tim Scott of South Carolina, Caribbean, Dayton, Ohio . Ohio, Haitian

Music fans both here in Philadelphia and around the world have reason to mourn on Wednesday as legendary R&B artist, songwriter and producer Frankie Beverly has died. On Wednesday morning, Beverly’s family announced the founder of the funk and soul band Maze -- who was born Howard Stanley Beverly -- passed away the day before. He lived for his music, family and friends. “After catching the attention of legendary songwriter and producer Kenny Gamble, the group had several releases under Philly-based record label Cameo Parkway,” wrote Tribune correspondent O.J. Earlier this year, after performing and touring for 50 years, Beverly played a farewell show at the Dell Music Center in North Philadelphia.

Persons: Frankie Beverly, Beverly’s, Howard Stanley Beverly, “, ”, Beverly “, Love, ” Beverly, Robin L Marshall, WireImage, NBC10, Kenny Gamble, O.J, Spivey, Beverly Organizations: Germantown High School, Philadelphia Tribune, Butlers, Philly, Tribune, Dell Music Center Locations: Philadelphia, Los Angeles, Norwood, Germantown, West Coast, North Philadelphia

☆ The strategic way Taylor Swift shut down fan backlash, endorsed Kamala Harris, and won
▼ + stars: | 2024-09-11 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +6 min

Last night, left-leaning Swifties everywhere breathed a sigh of relief: Taylor Swift finally endorsed Democratic candidate Kamala Harris for president. Two officials told NBC News they had no idea Swift's endorsement was coming — her running mate, Tim Walz, even found out on live TV — but they were definitely ready for it. (A representative for Swift didn't respond to a request for comment from BI.) Swift didn't officially endorse Biden until October 7, less than one month before the 2020 election. As Swift herself said in her endorsement post, "The simplest way to combat misinformation is with the truth."

Persons: Taylor Swift, Kamala Harris, Harris, Tim Walz, Barack Obama, Hillary Clinton, Joe Biden, Biden, Swift, she's, Walz —, Trump, Brittany Mahomes, Donald Trump, Swift could've, she'd, would've, Swifties Organizations: Service, Democratic, NBC News, Business, Republican Party, BI, Biden, DNC Locations: Vienna

☆ A day in the life of an American startup founder in Singapore who juggles timezones, 8 employees, and WhatsApp chats with hundreds of customers
▼ + stars: | 2024-09-11 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

As a startup founder, no day is exactly the same. This is a relatively new part of her daily routine, and something she used to think was "impossible" to make time for as a startup founder. A typical day: Communicating with customers, paring down meetings, and saving admin for the eveningA chunk of Jiang's day consists of interacting with Peek customers via WhatsApp chat. In general, she says she has "way fewer meetings" as a startup founder than she did in the corporate world. Jiang and her partner, who is also a startup founder, also block out one night a week — Thursday — to set work aside and "just hang out," she said.

Persons: —, Sherry Jiang, Jiang, Peek, I'm, she's, they're, I've, Sherry Jiang Jiang Organizations: Service, Google, Business, Vally, Peek, Singapore, UC Berkeley, Amazon, LinkedIn Locations: Singapore, West Coast, Asia

☆ Gwyneth Paltrow said she had to 'Google acronyms under the table' at Goop business meetings when she started the company
▼ + stars: | 2024-09-11 | by ( Samantha Grindell | Amanda Krause | ) www.businessinsider.com time to read: +3 min

Read previewGwyneth Paltrow is thinking about what she didn't know when she founded Goop. Gwyneth Paltrow speaks at the Forbes Power Women's Summit 2024. Paltrow said she became more successful when she let go of her "shame" about what she didn't know. In her conversation with Forbes, Paltrow touched on the brand's ever-evolving strategy, saying that "intention" keeps Goop centered. "We've been through a lot," Paltrow said.

Persons: —, Gwyneth Paltrow, Forbes, Paltrow, Moira Forbes, Goop, Amanda Krause, I'm, Nobody's, We've, we've, we're Organizations: Service, Power Women's, Business, Forbes Power Women's Locations: New York

☆ Frankie Beverly, lead singer and founder of Maze, dead at 77
▼ + stars: | 2024-09-11 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Frankie Beverly, who with his band Maze gave the world a an anthem that will forever be tied to cookouts and good times, died on Tuesday, his family announced. Love one another as he would want that for us all,” the statement which was signed by the Beverly family concluded. Howard Stanley Beverly aka Frankie Beverly 12/6/46 - 9/10/24.”No cause of death was shared. Legend has it that Beverly changed his first name to Frankie for the stage in homage to singer Frankie Lymon, who found fame singing doo-wop as part of the group Frankie Lymon and the teenagers. In 1970 Beverly founded the group Maze, which was originally known as Raw Soul.

Persons: Frankie Beverly, Beverly’s, ”, Howard Stanley Beverly, Love, Beverly, Frankie, Frankie Lymon, Marvin Gaye, “, —, Jenna Wortham, Wesley Morris’s, ” Beverly, Maze Organizations: CNN, Beverly, Wesley Morris’s New York Times, BET Locations: Philadelphia, East Germantown, ” Beverly

☆ My name is hard to spell, so I gave my kids names that are impossible to mess up
▼ + stars: | 2024-09-11 | by ( Bethaney Phillips | ) www.businessinsider.com time to read: +4 min

But on the other hand, I have had to spell my name for people my entire life. "Their name is X, but we spell it Y" is a phrase I have heard infinite times. It informed how I named my own kidsWith my own kids' names, there were strict spelling criteria: they had to be easy to spell and easy to pronounce. AdvertisementWith our rules in mind, we named them Copper and Colt, which are easy to read, say, and spell. But considering we gave them the gift of never having to spell their names to others, it's a small price to pay.

Persons: —, Bethany, it's, Phillips, I'm, I've, I'm weirdly, didn't, She's, Josh, We've Organizations: Service, Business

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are down slightly and are hovering around 5.75%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates have inched down this week and are hovering just above 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.

Persons: they've, you'll, Freddie Mac, it's, They'll, refinance Organizations: Reserve, Zillow, Fed Locations: Chevron

☆ Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
▼ + stars: | 2024-09-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

CNBCWarren Buffett's Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7 billion since mid-July and reducing its stake to 11%. The latest action extended Berkshire's selling streak to 12 consecutive sessions, matching the 12 consecutive sessions from July 17 to Aug. 1. Berkshire has sold more than 174.7 million shares of the Charlotte-based bank for $7.2 billion, with 858.2 million shares remaining, or 11.1% of shares outstanding. BofA CEO Brian Moynihan made a rare comment about Berkshire's sales Tuesday, saying he has no knowledge of Buffett's motivation for selling. Stock Chart Icon Stock chart icon Bank of America

Persons: Warren Buffett, Berkshire Hathaway, BofA, Moynihan, Buffett Buffett, Brian Moynihan Organizations: Berkshire, CNBC Warren, of America, Apple, American Express, Oracle, Barclays Global Financial Services, Bank of America Locations: Omaha , Nebraska, Omaha, Berkshire, Charlotte, BofA

The collection's existence on your credit report can severely lower your credit score and impact future loans. Here's what you need to know about the impact of collections and how to get them removed from your credit report. As it ages on your credit report, its effect on your credit score will decrease until it falls off entirely. How can you remove collections from a credit report? There are a few different — and completely legal — ways you can try to remove it from your credit report to fix your credit score.

Persons: it's, there's, you've, Markia Brown, John Owens, Brown, Owens, Rick Eicheldinger, Zarrad, Eicheldinger, Jennifer, Read Organizations: Monterey Financial Services, Business, Yahoo, Finance, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: America, TheGrio, New York City

☆ Even kids of the ultrawealthy are anxious about inheritance. Here are 4 top questions I get asked as a wealth expert.
▼ + stars: | 2024-09-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +8 min

I'm the managing director and head of the Merrill Center for Family Wealth. But often, they aren't sure what success means to those people, perhaps because family members feel uncomfortable talking about it. How can I build my own personal identity, both within and outside the family wealth? Many rising generation members are concerned about how to carve out a path for themselves. When rising generation members interact with friends and colleagues, it can lead to uncomfortable questions about wealth and privilege.

Persons: —, Valerie Galinskaya, we've, I've, We've Organizations: Service, Bank of America, Business, Merrill Center, Family Wealth Locations: New York City, San Francisco

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