This is the first whiskey to be granted a new federal designation in over 50 years

American single malt, sometimes referred to as “American Scotch,” is now officially a style unto itself.

How do the rich give away their money? With a smart strategy.

Some wealthy individuals are moving hundreds of thousands of dollars out of their estates, either all at once or over time

‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?

“We own a house together through a joint trust, but our bank accounts and credit cards are all held separately.”

‘I’m betting on another 22 spins around the sun’: I’m 65 and have $3.9 million. How much should I realistically spend on a house?

“I have zero debt, no upcoming tax liabilities and no inheritance on the horizon.”

‘She is single and has a low-wage job’: I want to give my daughter, who is in her 30s, $50,000 for retirement. What could go wrong?

“She can invest aggressively, as she has over two decades to see her principal grow.”

‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.

“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”

‘I keep hearing about break-ins in my neighborhood’: Should I keep valuable items in a safe-deposit box? What are my options?

“I read that the bank discourages people from storing jewelry and coins in the boxes, so I did not rent one.”

‘She has two financially stable children’: Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?

“It was generous of our mom to offer.”

I was laid off. I’m 43 and my husband is 35. I have $8,000 in credit-card debt and our mortgage is $1,600 a month. What do we do?

“We have been bringing in $60,000 a year for the last couple years, until this October, when I was laid off.”

Citi, Bank of America, Goldman offer strong prospects for 2025, analyst says

KBW praises Citi’s value, Goldman’s revenue upside and Bank of America’s expected net interest income growth.