The coincidence of historically low-interest rates and the increased gift tax exemption under the 2017 Tax Cuts and Jobs Act has temporarily created an opportunity for high net worth families to tax-efficiently transfer wealth from generation to generation. Of course, families can use their exclusion by giving outright to their children and grandchildren, but most do...

The second quarter was probably the worst for the U.S. economy since at least the end of World War II, but it ended on a high note. Now the economy is approaching a crucial juncture, with its fate in the hands of local and national...

Investors continue to buy U.S. government bonds out of fear that the U.S. economy could take a long time to recover amid a surge in coronavirus infections. Read More WSJ.com: Markets...