From a Times Insider column by Terence McGinley headlined “For a Reporter, Opportunity, or Its Absence, Is Everywhere”:

This week, The New York Times reported that the greatest wealth transfer in U.S. history, from baby boomers to their children and other heirs, is well underway.

The boomer generation is passing down trillions of dollars in homes and other financial assets, and that suffusion of wealth will reach far into the economy and American life.

Talmon Joseph Smith, an economics reporter for the Business desk, spent months reporting and writing the article, which he called the “opening salvo” of a line of work he plans to explore at The Times.