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Wall Street can’t keep up with the market: Morning Brief – Yahoo Finance

Top news and what to watch in the markets on Tuesday, May 4, 2021.



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(Bloomberg) — Jeff Bezos has an ex-wife, a girlfriend, four children and billions of reasons to watch whether Joe Bidens tax overhaul wins congressional approval.The Inc. founders heirs may have to pay more than $36 billion if the president succeeds in closing a loophole that helps the rich transfer their fortunes tax-free at death.Under current rules, whoever inherits the Amazon shares Bezos bought in 1994 for $10,000, worth $180 billion today, will receive a so-called step-up in basis,…

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